Big Oil spent a record $38 million on lobbying in California in 2024 to obstruct climate progress, shattering its 2017 record by 31 percent. The Western States Petroleum Association (WSPA) and Chevron, which together accounted for 83 percent of the industry’s expenditure in 2024, broke their previous spending record, with a combined $31.6 million last … Read more
State lawmakers will begin the long process of reauthorizing and possibly reforming California’s Cap and Trade program this year. Cap and Trade is California’s market-based system intended to reduce greenhouse gas emissions. It works by setting a limit on the total amount of emissions allowed within the state, then allowing companies to buy and sell … Read more
California’s Cap and Trade program, historically a cornerstone of the state’s efforts to reduce climate pollution, is likely to see significant reforms as part of a reauthorization process in 2025. The program is currently authorized to run through 2030, but the long process of reviewing it has begun. While oil companies are pushing to extend … Read more
The fossil-fueled Los Angeles fires are a heart-wrenching reminder of what the world is in for as we speed past 1.5 degrees Celsius of warming. Climate disasters have outpaced our ability to deal with them. As recovery efforts get underway in Los Angeles, rebuilding for more resilience is paramount, especially in the face of federal … Read more
Decades ago, fossil fuel corporations’ own research teams warned that their pollution would irrevocably harm the earth. Instead of heeding scientists’ warnings, Big Oil executives spent millions to deceive our communities about the dangers of climate change and ramped up drilling and pollution in order to line their pockets with billions of dollars in profits. … Read more
California’s 2025-2026 state budget includes $273 million in cuts to climate and energy investments but protects huge tax breaks for oil and gas corporations. After unprecedented wildfires ravaged Los Angeles only days into 2025, California must strengthen critical climate programs, not cut them. Every dollar we invest in fighting the climate crisis today will save … Read more
As wildfires rage across Southern California and tens of thousands of people are evacuated (including our own staff members), oil and gas companies continue to wreck the climate while enjoying huge profits. This is the backdrop of a new report by The Climate Center, which reveals that a California tax policy called the “Water’s Edge … Read more
SACRAMENTO — Global oil majors played a pivotal role in orchestrating a multibillion-dollar tax dodge that shields corporate profits from California taxes, according to new, in-depth historical research and analysis by The Climate Center. The Water’s Edge tax election, established in the state in 1986 after a decade-long fight, enables multinational corporations to avoid taxes … Read more
This report details how global oil majors like ExxonMobil, Chevron, and Shell orchestrated the creation of California’s Water’s Edge tax loophole — a policy that now costs California taxpayers billions annually. It offers a first-of-its-kind, historical look at how oil giants lobbied for and have benefited from the Water’s Edge tax election, shielding their profits … Read more
Accelerating climate action will help California address the rising costs of food, electricity, and insurance. Collaborating with partners across the state, The Climate Center is working to pass laws in 2025 that hold Big Oil and corporate utilities accountable, support clean, local energy, and responsibly draw down past carbon pollution. Right now, oil and gas … Read more
