• Here’s what happened: On the heels of major corporations such as X, SpaceX and Tesla moving to Texas, Chevron Corp. has announced it is relocating its headquarters from California to Houston. Find out more
• Go further: Chevron cited California’s stringent environmental rules and regulatory policies as significant obstacles to business and investment and could increase gas prices for everyday consumers.
• In his own words: “The policies in California have become pretty restrictive on a lot of business fronts, not just the environment.”–Chevron CEO Mike Wirth
• So, this is awkward… Last year, California Attorney General Rob Bonta filed a climate nuisance lawsuit against Chevron and four other oil companies seeking massive payouts for their alleged contributions to climate change-related environmental damage.
• What’s great about Texas: In addition to our smart economic policies like low taxes and predictable regulations, this September, Texas’ new specialized business courts–a critical investment in economic development that will streamline the resolution of business disputes–will be operational in major metropolitan cities statewide. Get up to speed
• TLR Thoughts: Thanks to smart policy decisions by our state’s leaders, Texas has the eighth-largest economy in the world and attracts businesses of all sizes. Those decisions are paying off
  in the form of jobs for Texans and investment in our communities, and now is not the time to take our foot off the gas.

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