New budget means a $6B cut, and future uncertainty, for California climate spending

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New budget means a $6B cut, and future uncertainty, for California climate spending
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“A budget is a statement of value. This shows that the administration is holding the line on climate spending even in the face of these severe economic headwinds.” Jamie Pew, climate fe…

For climate advocates, a growing state deficit offers some bad news, some good news and a good deal of uncertainty in the revised California 2023-24 budget Gov. Gavin Newsom presented Friday morning.

“A budget is a statement of value. This shows that the administration is holding the line on climate spending even in the face of these severe economic headwinds.” Ironically, Newsom said some of the uncertainty both the California and federal governments are now facing around their finances is related to climate change-induced “extreme weather events.” Tax filing deadlines were pushed to October for most Californians, after a series of unusual storms pounded the state this winter and early spring. That means governments are operating based on revenue projections, rather than hard numbers.

The governor also did not consider two alternative budget proposals pitched in recent days that advocates say could have helped the state avoid such drastic cuts to climate funding.

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