Thursday January 11, 2024

Los Angeles Times

Investments geared toward combating climate change and transitioning away from fossil fuels are among the items on the chopping block as California Gov. Gavin Newsom seeks to close a $37.9-billion budget deficit.

The governor’s proposed 2024-25 budget, unveiled Wednesday, would see the state’s multiyear climate budget reduced to $48.3 billion — down 11% from the $54 billion approved in 2022. Among the trims are clean transportation programs and others that address forest maintenance, watershed resilience, coastal protection and sea level rise.

Newsom’s administration characterized the cuts as “limited” and said they will maintain the state’s momentum toward climate goals.

“$48.3 billion is a world-leading figure that exceeds [that of] many nations,” said Lauren Sanchez, Newsom’s senior climate advisor.

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