Newsom signs $15 billion package to fight climate change

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Government Gavin Newsom Put signature on A $15 billion climate package threatens more sequoias in Sequoia National Park as California wildfires on Thursday.

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why it matters: The package is the largest such investment in California history as drought conditions worsened across the state and caused several wildfires. Over 1.9 million acres have been burned Across the state this year, the Caldor fire last month involved more than 220,000, according to the California Department of Forestry and Fire Protection.

big picture: The Climate Package directs funding to build wildfire and forest resilience and support immediate drought response and long-term water resilience.

  • The package directly protects communities across the state from multi-faceted climate risks, including extreme heat and sea level rise.
  • The $15 billion package is the final part of the state’s $262.5 billion operating budget, per KPIX-TV. The spending also includes $1.2 billion for water recycling projects, grants to help communities plan for climate change, and more.
  • “California is doubling down on our nation-leading policies to address the climate crisis, while protecting the hardest-hit communities,” Newsom said.
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