Feb. 16 (UPI) -- California Gov. Gavin Newsom announced an agreement with Britain on Monday that will bring $1 billion in investments into his state.
The climate agreement sets a framework for British companies to expand their access to California's market and for cooperation on decarbonization and clean energy technology.
British energy company Octopus Energy is among the companies that will expand its access in California. It has committed nearly $1 billion to clean energy companies and projects based in California. Newsom announced the partnership after meeting with British Energy Secretary Ed Miliband in London.
"California is the best place in America to invest in a clean economy because we set clear goals and we deliver," Newsom said in a statement.
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