Newsom voices pledge to lithium valley
Gov. Gavin Newsom on Monday, Jan. 10 announced a commitment to incentivize and spur development of the state’s lithium reserves around the Salton Sea. “We have what someone described as the Saudi Arabia of lithium here in the state of California down in Imperial County near the Salton Sea,” Newsom said on Monday as he unveiled his budget proposal for 2022-2023…. Newsom’s administration will work on a new regulatory framework to spur private investment, create loan programs to reduce investment risks, and “focus on environmental and labor standards right up front”…
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