SB 787: Energy: equitable clean energy supply chains and industrial policy in California.

The bill aims to promote equitable clean energy supply chains and industrial policy in California. The state energy resources conservation and development commission must designate a senior counselor on industrial policy and clean energy development by March 1, 2027. This counselor will convene working groups to focus on specific issues and track progress under a memorandum of understanding among various state agencies. The memorandum outlines goals and provisions for equitable clean energy supply chains and industrial policy. The senior counselor will prepare an annual report summarizing key findings and recommendations, which will be published online and presented at a public meeting. The bill also establishes a fund to support the implementation of the memorandum's provisions.