GO-Biz: Energy Unit: Equity
Assembly Bill 1198
To make the transition to a low carbon economy equitable and inclusive for California’s diverse small businesses.
Join the AB 1198 Coalition
About
On February 16, 2023, Assemblymember Tim Grayson (D-Concord) introduced Assembly Bill (AB) 1198, GO-Biz: Energy Unit: Equity (formerly Equity in Energy Task Force), a bill which aims to make California’s transition to a low-carbon economy more equitable for small and minority-owned businesses in the state. The California Asian Pacific Chamber of Commerce, California African American Chamber of Commerce, and California Hispanic Chambers of Commerce will co-sponsor this legislation.
Bill Summary
AB 1198 established the GO-Biz: Energy Unit: Equity to develop a comprehensive strategy aimed at addressing equity in the energy industry and increasing the participation rate of women, minorities, disabled individuals, and veteran-owned businesses, as well as individuals from disadvantaged communities.
Resources
Read the Press Release
View the official announcement.
Read the Full Bill
View the full bill and status.
Read the Fact Sheet
Learn more about the background of this bill.
News
Related information and latest news regarding this initiative.
Policy Alert: Introducing AB 1198
- On February 16, 2023, AB 1198 (Grayson) was introduced in the Assembly.
- The California Asian Pacific, African American, and Hispanic Chambers of Commerce have agreed to co-sponsor this piece of legislation.
Why This is Needed
- California's small businesses account for 99.8% of businesses, and of the state’s 4.1 million small businesses, 1.2 million are minority-owned. One small business can have a relatively small carbon footprint, but the overall impact of those emissions can be huge.
- California's plan to achieve 100% clean energy and net-zero emissions is unlikely to be met without measures that incentivize small businesses to make clean energy investments. Small business may lack the same resources and support that larger corporations have to reduce emissions and implement new technologies and operations.
Related Media
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