New Analysis Shows CA Wildfire Lawsuit Bill Would Crush Consumers And Kill Jobs
California’s anti-energy crusade has made the state one of the most expensive places to work and raise a family, but some lawmakers seem intent on making a bad situation for consumers even worse.
As EID documented, in February State Sen. Scott Wiener introduced SB 222 – legislation that would authorize the state FAIR plan, individuals, and insurers to sue oil and gas companies for damages tied to the recent string of devastating wildfires.
Naturally, any lawsuits that arise from this bill would be on top of the state’s ongoing frivolous lawfare campaign against American energy, which has helped propel California’s gasoline costs to the highest in the country.
New research from the California Business Roundtable and Pacific Research Institute (PRI) calculated exactly how much SB 222 stands to cost California’s economy.
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