Thursday, March 30, 2023
A 'Landmark Victory' for Consumers and Climate as California Passes Big Oil Price Gouging Law
The California Assembly voted 52-19 on Monday in favor of S.B. X1-2—authored by state Sen. Nancy Skinner (D-9)—which will empower the California Energy Commission (CEC) to impose profit caps and penalties on refiners and create an intra-agency watchdog tasked with conducting greater oversight of fossil fuel companies to minimize profiteering...
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