California Gov. Gavin Newsom signed a new law that gives state regulators the power to penalize oil companies for making too much money, the first of its kind in the country.
Author: Adam Beam
California Regulators Could Decide Oil Profits Penalty
California Gov. Gavin Newsom said March 15 he wants state regulators to decide whether to impose the nation’s first penalty on oil companies for price gouging.
Uber, Lyft Get Positive Ruling in California Labor Case
App-based ride-hailing and delivery companies like Uber and Lyft can continue to treat their California drivers as independent contractors, a state appeals court ruled March 13.
Self-Driving Semis at Center of California Regulatory Conflict
SACRAMENTO, Calif. — As California regulators explore new rules to put self-driving semitrucks on the road, labor unions are rushing to the state Legislature to ask for a new law they say will protect their jobs.
California Lawmakers Eye Big Oil’s High Gas Prices
SACRAMENTO, Calif. — Furious about oil companies’ supersized profits after a summer of record-high gas prices, California Gov. Gavin Newsom on Dec. 5 will formally start his campaign to punish big producers by asking the Legislature to fine them and gi…
California Democrats to Investigate Cause of High Gas Prices
SACRAMENTO, Calif. — With California drivers paying more than $6 for a gallon of gas and state officials deadlocked for months over how to provide relief, lawmakers in the state Assembly on June 20 announced they would investigate oil companies they sa…
California Lawmakers Propose Ban on Fracking by 2027
SACRAMENTO, Calif. — New legislation would ban all fracking in California by 2027, taking aim at the powerful oil and gas industry in a state already planning to ban the sale of new gas-powered cars by 2035.
California to End Sales of New Gas-Powered Cars, Trucks by 2035
California will halt sales of new gasoline-powered passenger cars and trucks by 2035, Gov. Gavin Newsom announced Sept. 23, a move he says will cut greenhouse gas emissions by 35% in the nation’s most populous state.
California Judge Rules Uber, Lyft Drivers Are Employees
SACRAMENTO, Calif. — A judge on Aug. 10 ordered ride-hailing giants Uber and Lyft to treat their California drivers as employees instead of independent contractors, but the ruling won’t take effect right away as both companies said they will immediately appeal to a higher court.
California Considers Requiring Zero-Emission Truck Sales
SACRAMENTO, Calif. — The country’s most populous state could become the first to require a portion of new truck sales be electric or “zero emission” vehicles as California grapples with how to clean up its worst-in-the nation air quality.