California Gov. Gavin Newsom and the state’s aggressive policies to transition off fossil fuels are posing a growing threat to the state’s oil industry – and a new tax on refining is the latest front in the battle. But the industry says it isn’t giving up without a fight. POLITICO’s Wes Venteicher breaks down why Newsom and the oil industry are on a major collision course. Plus, inside the energy and climate toplines in the $1.7 trillion year-end omnibus spending package released by senior lawmakers early Tuesday.
California Gov. Gavin Newsom and the state’s aggressive policies to transition off fossil fuels are posing a growing threat to the state’s oil industry – and a new tax on refining is the latest front in the battle. But the industry says it isn’t giving up without a fight. POLITICO’s Wes Venteicher breaks down why Newsom and the oil industry are on a major collision course. Plus, inside the energy and climate toplines in the $1.7 trillion year-end omnibus spending package released by senior lawmakers early Tuesday.
Josh Siegel is an energy reporter for POLITICO.
Wes Venteicher covers climate and energy energy news in California for POLITICO.
Nirmal Mulaikal is a POLITICO audio host-producer.
Raghu Manavalan is a senior editor for POLITICO audio.
Jenny Ament is the executive producer of POLITICO’s audio department.