Chevron CEO Blasts California Environmental Laws Governor Touts
- Watson: State laws `unambiguously' raise costs without helping
- Oil company chief suggests focusing on developing countries
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As Governor Jerry Brown is in Paris urging other political leaders to follow his lead in curbing global warming, the chief executive of California’s largest oil company said the state’s policies “unambiguously raise energy costs and do nothing about greenhouse-gas emissions.”
Chevron Corp. Chief Executive Officer John Watson said environmentalists have misdirected their energies toward California and other industrialized economies instead of targeting the largest polluters in the developing world. He spoke Tuesday at the Milken Institute’s California Summit in Marina Del Rey as Brown, a Democrat, warned fellow attendees of the UN-sponsored climate conference in Paris that inaction on greenhouse gas emissions would lead to global disaster.