Oil and gas companies’ profits may soon face a cap in California, as first bill of its kind passes state legislature
by Katie Nelson
March 27, 2023
SBX1-2 seeks to hold Big Oil accountable in California.
SACRAMENTO, CA (March 27, 2023)–In response to the California Legislature passing a bill to hold California’s fossil fuel companies accountable for price gouging, Greenpeace USA Senior Climate Campaigner Caroline Henderson, said:
“Today, thanks to the governor’s persistence and the groundswell of grassroots support, we are one step closer to ending Big Oil’s era of unchecked greed that is costing Californians more than our paychecks. In the lead-up to this pivotal vote, we saw the full force of the fossil fuel industry’s lobbying apparatus on display – and yet, today people power won. While we celebrate today’s passage of SBX1-2, the 2.7 million Californians living dangerously close to toxic fossil fuel extraction can’t afford for Newsom to stop here. Newsom must take the next step in protecting Californians from polluter greed, by using his executive authority to immediately halt all new drilling permits near homes and schools and working quickly to finalize a public health and safety buffer zone between oil wells and communities.”
Contact: Katie Nelson, Greenpeace USA Senior Communications Specialist, [email protected], +1 (678) 644-1681
Greenpeace USA is part of a global network of independent campaigning organizations that use peaceful protest and creative communication to expose global environmental problems and promote solutions that are essential to a green and peaceful future. Greenpeace USA is committed to transforming the country’s unjust social, environmental, and economic systems from the ground up to address the climate crisis, advance racial justice, and build an economy that puts people first. Learn more at www.greenpeace.org/usa.