Offshore wind is a crucial part of the strategy to achieve California's climate goals, requiring major steps like a $1 billion bond for seaport infrastructure improvement to support wind turbine assembly.
California needs significant investments in seaports to assemble and transport massive offshore wind turbines, with the $1 billion as an essential down payment for this infrastructure project.
Lawmakers advocate for prioritizing climate and offshore wind in budget allocations, emphasizing the importance of including offshore wind in the state's climate bond considerations.
California Department of Finance initiates a second spending freeze, signaling the state's urgent need to address the budget deficit by halting one-time state spending.
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