California Gov. Gavin Newsom has signed a bill extending the state's cap-and-trade program through 2045. The program sets a declining limit on total planet-warming emissions in the state from major polluters. The new law potentially boosts carbon-removal projects and requires the program to align with California's target of achieving so-called carbon neutrality by 2045. Newsom also signed laws to speed up permitting for oil production in Kern County, refill a fund that covers the cost of wildfire damage when utility equipment sparks a blaze and allow the state's grid operator to partner with a regional group to manage power markets in western states.

California legislative leaders in the wee hours of Wednesday morning reached an agreement with Gov. Gavin Newsom to extend the state’s greenho…

Democratic lawmakers and environmental advocates are urging Gov. Gavin Newsom to support a bond measure to help pay for billions of dollars in…