Gov. Gavin Newsom is giving up his high-profile call for the California Legislature to set a cap on oil company profits and instead will ask lawmakers to increase transparency and oversight of the industry.The governor's amended proposal, announced Wednesday afternoon, would give the California Energy Commission more authority to investigate gasoline price spikes and the option, through a public hearing process, to place a cap on profits and penalize oil companies, Newsom's aides said.
#responsible #potentially #responsibility #transparency #regulations #gavin-newsom #accountability #legislature #maintenance #oil-companies
[
add
]
[
|
|
...
]