Why California and the oil industry are on a climate collision course
California Gov. Gavin Newsom and the state\u2019s aggressive policies to transition off fossil fuels are posing a growing threat to the state\u2019s oil industry \u2013 and a new tax on refining is the latest front in the battle. But the industry says it isn\u2019t giving up without a fight. POLITICO\u2019s Wes Venteicher breaks down why Newsom and the oil industry are on a major collision course. Plus, inside the energy and climate toplines in the $1.7 trillion year-end omnibus spending package released by senior lawmakers early Tuesday.