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Newsom Wraps COP30 With New Climate Pacts, Casting California as U.S. Stand-In

He warned companies that regulatory uncertainty in Washington threatens long‑term investments.

Overview

  • Newsom concluded a high‑profile week at COP30 as the most visible American official, spotlighting California’s 21% emissions drop since 2000 and a 2023 power mix that was about two‑thirds clean energy.
  • California signed agreements with Chile, Colombia, Nigeria, and Brazil, plus Pará state, covering methane reduction, forest protection, clean transport, innovation, and wildfire prevention and response.
  • The governor met Indigenous leaders in the Amazon’s Jamaraquá community to discuss conservation practices, nature‑based solutions, and sustainable economic development.
  • In sessions with investors and executives, he said companies face risk from policy swings in the U.S., urging them to factor potential future climate rules into long‑horizon plans.
  • Conservative coverage emphasized California’s high gasoline prices, with EIA pointing to taxes, environmental requirements, and a special fuel blend as drivers of the gap ($4.67 statewide average, about $0.90 in taxes, roughly $0.54 in compliance costs).