{"id":2859,"date":"2023-03-27T00:00:00","date_gmt":"2023-03-27T00:00:00","guid":{"rendered":"http:\/\/www-prod.greenpeace.org\/usa\/campaign-updates\/2859\/oil-and-gas-companies-profits-may-soon-face-a-cap-in-california-as-first-bill-of-its-kind-passes-state-legislature\/"},"modified":"2025-04-23T16:39:52","modified_gmt":"2025-04-23T16:39:52","slug":"oil-and-gas-companies-profits-may-soon-face-a-cap-in-california-as-first-bill-of-its-kind-passes-state-legislature","status":"publish","type":"post","link":"https:\/\/www.greenpeace.org\/usa\/oil-and-gas-companies-profits-may-soon-face-a-cap-in-california-as-first-bill-of-its-kind-passes-state-legislature\/","title":{"rendered":"Oil and gas companies\u2019 profits may soon face a cap in California, as first bill of its kind passes state legislature"},"content":{"rendered":"<p><span class=\"p4descriptive_paragraph\">SBX1-2 seeks to hold Big Oil accountable in California.<\/span><\/p>\n<p>SBX1-2 seeks to hold Big Oil accountable in California.<\/p>\n<p><b>SACRAMENTO, CA (March 27, 2023)\u2013In response to the California Legislature passing a bill to hold California\u2019s fossil fuel companies accountable for price gouging, Greenpeace USA Senior Climate Campaigner Caroline Henderson, said:\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">\u201cToday, thanks to the governor\u2019s persistence and the groundswell of grassroots support, we are one step closer to ending Big Oil\u2019s 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\u2019s lobbying apparatus on display \u2013 and yet, today people power won. While we celebrate today\u2019s passage of SBX1-2, the 2.7 million Californians living dangerously close to toxic fossil fuel extraction can\u2019t 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.\u201d<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">###<\/span><\/p>\n<p><b>Greenpeace USA <\/b><span style=\"font-weight: 400;\">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\u2019s 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 <\/span><a href=\"http:\/\/www.greenpeace.org\/usa\"><span style=\"font-weight: 400;\">www.greenpeace.org\/usa<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SBX1-2 seeks to hold Big Oil accountable in California. SACRAMENTO, CA (March 27, 2023)\u2013In response to the California Legislature passing a bill to hold California\u2019s fossil fuel companies accountable for&hellip;<\/p>\n","protected":false},"author":68,"featured_media":1485,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"ep_exclude_from_search":false,"p4_og_title":"","p4_og_description":"","p4_og_image":"","p4_og_image_id":"","p4_seo_canonical_url":"","p4_campaign_name":"","p4_local_project":"","p4_basket_name":"","p4_department":"","footnotes":""},"categories":[210],"tags":[56,100,6],"p4-page-type":[33],"class_list":["post-2859","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ca-climate-campaign","tag-california","tag-fossil-fuels","tag-climate","p4-page-type-press-release"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.9 (Yoast SEO v23.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Oil and gas companies\u2019 profits may soon face a cap in California, as first bill of its kind passes state legislature - Greenpeace<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.greenpeace.org\/usa\/oil-and-gas-companies-profits-may-soon-face-a-cap-in-california-as-first-bill-of-its-kind-passes-state-legislature\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oil and gas companies\u2019 profits may soon face a cap in California, as first bill of its kind passes state legislature\" \/>\n<meta property=\"og:description\" content=\"SBX1-2 seeks to hold Big Oil accountable in California. SACRAMENTO, CA (March 27, 2023)\u2013In response to the California Legislature passing a bill to hold California\u2019s fossil fuel companies accountable for&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.greenpeace.org\/usa\/oil-and-gas-companies-profits-may-soon-face-a-cap-in-california-as-first-bill-of-its-kind-passes-state-legislature\/\" \/>\n<meta property=\"og:site_name\" content=\"Greenpeace\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/greenpeaceusa\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-27T00:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-23T16:39:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.greenpeace.org\/static\/planet4-usa-stateless\/2024\/11\/aa5ea562-gp0stuooe.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@greenpeaceusa\" \/>\n<meta name=\"twitter:site\" content=\"@greenpeaceusa\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Katie Nelson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.greenpeace.org\/usa\/oil-and-gas-companies-profits-may-soon-face-a-cap-in-california-as-first-bill-of-its-kind-passes-state-legislature\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.greenpeace.org\/usa\/oil-and-gas-companies-profits-may-soon-face-a-cap-in-california-as-first-bill-of-its-kind-passes-state-legislature\/\"},\"author\":{\"name\":\"Katie Nelson\",\"@id\":\"https:\/\/www.greenpeace.org\/usa\/#\/schema\/person\/a26fda4d58e0feb1ff16209a6aa5b1ed\"},\"headline\":\"Oil and gas companies\u2019 profits may soon face a cap in California, as first bill of its kind passes state legislature\",\"datePublished\":\"2023-03-27T00:00:00+00:00\",\"dateModified\":\"2025-04-23T16:39:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.greenpeace.org\/usa\/oil-and-gas-companies-profits-may-soon-face-a-cap-in-california-as-first-bill-of-its-kind-passes-state-legislature\/\"},\"wordCount\":286,\"publisher\":{\"@id\":\"https:\/\/www.greenpeace.org\/usa\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.greenpeace.org\/usa\/oil-and-gas-companies-profits-may-soon-face-a-cap-in-california-as-first-bill-of-its-kind-passes-state-legislature\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.greenpeace.org\/static\/planet4-usa-stateless\/2024\/11\/aa5ea562-gp0stuooe.jpg\",\"keywords\":[\"California\",\"Fossil Fuels\",\"Climate\"],\"articleSection\":[\"California Climate\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.greenpeace.org\/usa\/oil-and-gas-companies-profits-may-soon-face-a-cap-in-california-as-first-bill-of-its-kind-passes-state-legislature\/\",\"url\":\"https:\/\/www.greenpeace.org\/usa\/oil-and-gas-companies-profits-may-soon-face-a-cap-in-california-as-first-bill-of-its-kind-passes-state-legislature\/\",\"name\":\"Oil and gas companies\u2019 profits may soon face a cap in California, as first bill of its kind passes state legislature - 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