CleanTechnica•29 days ago
California Regulators Signal Ratepayer Protection in Initial Rejection to SoCalGas
- •The California Public Utilities Commission (CPUC) initially rejected SoCalGas's request for $266 million to fund the study and planning of the controversial Angeles Link Project pipeline.
- •This decision signals a strong regulatory stance on ratepayer protection, preventing customers from bearing the cost of a potentially unneeded or environmentally contentious gas infrastructure project.
- •For developers, this indicates increasing regulatory hurdles for new fossil fuel infrastructure in California, potentially shifting focus and investment towards alternative energy solutions.
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