California legislators who backed a 2022 law limiting businesses' and contractors' attempts to sway local elected officials with campaign contributions are now trying to water it down — with the support of developers and labor unions.
California’s first attempt to capture and sequester carbon involves California Resources Corp. collecting emissions at its Elk Hills Oil and Gas Field, and then inject the gases more than a mile deep into a depleted oil reservoir. The goal is to keep carbon underground and out of the atmosphere, where it traps heat and contributes to climate change. But some argue polluting industries need to cease altogether.
According to the annual California Green Innovation Index released by Next 10 last week, California is off track from meeting its climate goals for the year 2030, as well as reaching carbon neutrality by 2045.