Bill > SB787

This bill creates a comprehensive policy framework to support California's clean energy industrial development by establishing a Senior Counselor on Industrial Policy and Clean Energy Development within the State Energy Resources Conservation and Development Commission. The counselor will be responsible for coordinating efforts across multiple state agencies to develop strategies for growing clean energy supply chains in key sectors like zero-emission vehicles, battery manufacturing, offshore wind, and building decarbonization. By March 1, 2026, several state agencies will be required to enter into a memorandum of understanding to review and develop strategies for building integrated industrial bases that create high-quality jobs, ensure environmental justice, and reduce energy costs for consumers, particularly in disadvantaged communities. The bill mandates the creation of working groups to explore potential policy mechanisms like public procurement, market commitments, equity investments, and joint ventures to accelerate clean energy technology deployment. Additionally, the bill establishes the Equitable Clean Energy Supply Chain and Industrial Policy Fund in the State Treasury to support these efforts, with potential funding sources including federal grants and private donations. The overall intent is to formalize partnerships between state agencies, labor groups, industry representatives, and community organizations to strategically develop California's clean energy industrial ecosystem while prioritizing job creation, affordability, and equitable economic development.

Budget and Finance, Transportation and Infrastructure

https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260SB787