Governor Newsom recently unveiled his proposed state budget for 2024-2025, which includes billions in potential cuts to climate and energy investments. If approved by the legislature, these cuts would bring California’s multi-year climate budget down to $48.3 billion from the $54 billion approved in 2022, an 11 percent reduction.
Coming off the hottest year on record, California needs to strengthen critical climate programs, not cut them. Every dollar we invest in fighting the climate crisis today will save lives!
Facing a projected $73 billion budget deficit, Governor Newsom must eliminate all subsidies and tax breaks for oil and gas corporations. Eliminating these subsidies will free up millions — if not billions — to invest in climate solutions for all. The state makes an estimated $8 billion in subsidies and tax breaks available to fossil fuel corporations every year, even as they rake in record profits. It’s time to stop propping up corporate polluters and use our tax dollars to protect frontline community health, grow the clean energy economy, implement sustainable agricultural practices, and more. Governor Newsom has proposed eliminating three small fossil fuel subsidies, but he can and should go further.
The governor and the legislature have until June 15 to finalize a budget, meaning you still have time to make your voice heard. Tell Governor Newsom to cut all fossil fuel subsidies and prioritize climate investments in the 2024-2025 budget! Send in your letter using the form below.
Tell Governor Newsom to eliminate fossil fuel subsidies today!
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