This is urgent
We're mobilizing BizFed members to join us in persuading legislators to oppose three end-of-session bills that will kill jobs, further exacerbate the housing shortage crisis, and cost trillions of dollars. Just like the eleventh-hour proposals we responded to this week that Governor Newsom has pushed under the guise of "climate change action," these three bills are at risk of advancing without thoughtful consideration and time for informed debate.
- SB 1137 (Gonzalez, Limón) is a gut-and-amend bill that mandates a one-size-fits-all setback of 3,200 feet on new and certain existing wells statewide. It also imposes significant limitations on existing production, costing state and local governments billions in lost revenue. See floor alert.
- AB 2133 (Quirk) is a gut-and-amend bill that increases the state's greenhouse gas emissions reduction goal from 40% to 55% – a proposed target already rejected by CARB! It would cost the state an estimated $130 billion and result in the loss of 300,000 to 385,000 jobs. To meet the unrealistic target, California would have to get 17 million cars off the roads by 2030. Read CalChamber coalition letter.
- AB 1395 (Muratsuchi) codifies a timeline to achieve carbon neutrality by 2045 without an affordable or actionable path toward this extreme goal. Helpful tools that industry leaders can lean on to comply with new GHG reduction goals include carbon capture and storage options, the cap-and-trade program, and CEQA permitting modernization. But Governor Newsom and the Legislature have failed to provide certainty or expansion of such tools for job creators.
Last-minute, gut-and-amend bills like these sweeping proposals require transparent vetting, opportunities for public feedback, and economic impact reports. We can't let overzealous activists pressure legislators to bypass the democratic process.
If passed, these bills would decimate parts of our energy economy and raise costs for consumers and businesses. We're calling on all BizFed members to lean in to this critically important advocacy effort in the waning days of the legislative session.
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Please contact Sarah Wiltfong, Director of Advocacy & Policy, at sarah.wiltfong@bizfed.org if you have any questions.
This is the final stretch! Let's keep up our around-the-clock advocacy!
BizFed Founding CEO
