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Gavin Newsom: “The cost should be borne by the companies, should be put on…”

Featuring: Gavin Newsom, Democratic | Governor of California

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Governor Newsom announces new savings for California car buyers and major clean energy milestone

Published | Video Starts at 38:01

… are obviously generating a lot of headlines and controversy and concerns relates to not just electrical consumption, but obviously water consumption as well. We believe that all of these investments, The cost should be borne by the companies, should be put on and socialized on the backs of ratepayers. They've got to invest in the infrastructure. They have to address those anxieties around increased costs. And that should be the role of local government. (38:01–38:10)

CLAIM

Asserts that companies should bear the costs of investments, not ratepayers.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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