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How climate action can lower the cost of living

Governor Gavin Newsom in 2023. Photo via www.gov.ca.gov.

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 corporations enjoy massive subsidies and profits while passing along the cost of cleaning up their toxic pollution to Californians. Eliminating these subsidies and tax breaks could recover hundreds of millions to billions of dollars annually. Polluters should also be required to pay into a “climate superfund” in California to invest in equitable disaster recovery, climate adaptation, and the clean energy transition. A climate superfund law has already passed in Vermont and one is pending in New York

State leaders should also leverage rooftop solar and energy storage, vehicle-to-grid technologies, and other clean, local energy solutions to make electricity more affordable. Our recent report Envisioning the California Grid for the Future dives into how more local clean energy can build a safer, more reliable, and more affordable electricity system. 

Finally, California must address rising food prices due to increasing climate extremes, from off-the-chart heatwaves to flooding. State leaders should prioritize investments in climate-resilient agriculture by supporting regional and local partners, such as Resource Conservation Districts, that work directly with farmers and ranchers to build climate resilience. 

Join us in advancing accelerated, equitable climate policies that will secure a vibrant, healthy, and affordable future for all. Tell California’s leaders to stand up for climate action today.

This blog first appeared in The Climate Center’s bi-weekly newsletter. To keep up with the latest climate news and ways to take action for a climate-safe future, subscribe today!