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Tag: capandinvest

US Politics

A Deal Broken: How California's Climate Leadership is Being Undermined from Within

California Governor Gavin Newsom endorsed a new carbon market program offering billions in free pollution permits to oil refineries and other major industries, which could drastically shrink funding for public transit, safe drinking water, and affordable housing promised in a deal with the Legislature last year. This backroom maneuver, spurred by industry lobbying, is a direct betrayal of vulnerable communities and a stark retreat from the state's climate justice commitments, putting corporate polluters before the people.