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Story summary
- California Governor Gavin Newsom celebrated a climate deal with the United Kingdom.
- Critics say his climate policies raise costs, reduce jobs, and increase emissions.
- Phillips 66 plans to lay off 277 workers at its Los Angeles refinery.
- Valero Energy will shut down a Northern California refinery, causing hundreds more job losses.
- Since 2019, California has lost about 25% of refinery capacity, increasing imports from Canada and the Bahamas.
