Big Oil's Fight Against Climate Disaster Funding
California, USAWed Jan 15 2025
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In the year before the Los Angeles county wildfires, major fossil fuel companies fought hard against a bill that would have made them pay for climate disasters. This bill, known as the Polluters Pay Climate Cost Recovery Act of 2024, was aimed at requiring the state's biggest carbon polluters to contribute to a fund that would help prevent or clean up disasters. Big Oil's lobbying efforts were intense, with companies like Chevron and the Western States Petroleum Association leading the charge. They argued that the bill would increase energy prices and potentially shut down refineries. The bill never reached a vote because it lacked enough support, especially among Republicans and some Democrats. The wildfires, which caused significant damage and loss of life, have reignited interest in the bill. However, the industry is already pushing back, with ads suggesting that the measures would make life harder for Californians.
https://localnews.ai/article/big-oils-fight-against-climate-disaster-funding-44cf6ab6
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