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Investments geared toward combating climate change and transitioning away from fossil fuels are among the items on the chopping block as California Gov. Gavin Newsom seeks to close a $37.9-billion ...
The last time California faced a budget deficit and recession, Gov. Gavin Newsom cut worker pay by 9.23% and mandated paid leave.
With weaker revenues than expected, Gov. Gavin Newsom wants to declare a budget emergency and ask California lawmakers to dip into the state's reserves. How Newsom plans to fix California's ...
The funding for the refund comes from the utility providers who pay a carbon tax for polluting the air, and the refund is the dividend portion of the carbon fee and dividend program created by the Global Warming Solutions Act of 2006. The refund represents only a portion of the carbon tax collected, with the rest of the funds collected going ...
Petroleum product use in British Columbia declined after the implementation of the carbon tax in 2008. The British Columbia carbon tax has been in place since 2008. It is a British Columbia policy that adds additional carbon taxes to fossil fuels burned for transportation, home heating, and electricity and reduces personal income taxes and corporate taxes by a roughly equal amount.
Newsom brushed off the criticism by saying it was a county and not state reservoir, refusing to take any responsibility as California’s leader for the issue. The gov also has claimed that his ...
California Gov. Gavin Newsom (D) said Monday the state of California will intervene if President-elect Trump eliminates the electric vehicle tax credit passed under President Biden. “Consumers ...
The California Legislature on Thursday rejected many of Gov. Gavin Newsom's most difficult budget cuts, choosing instead to speed-up a temporary tax increase on some businesses to help pay off an ...