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.
With unprecedented wildfires ravaging 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 lives! We’ve seen what happens without investments in disaster prevention and the Los Angeles wildfires are only the latest example.
Eliminating the largest subsidy for fossil fuel corporations, the Water’s Edge tax election, will free up at least $75 to $146 million annually to invest in climate solutions for all. It’s time to stop propping up the corporations responsible for the climate crisis and use our tax dollars to protect frontline community health, grow the clean energy economy, implement sustainable agricultural practices, and more.
Tell Governor Newsom and state lawmakers to cut all fossil fuel subsidies and prioritize climate investments.
Tell California leaders to eliminate fossil fuel subsidies today!
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Related resources
Research: Water’s Edge Tax Haven and California’s Budget Shortfall