That's how it works for San Francisco, which is turning out to be not so good for the SF citizens:
https://www.wsj.com/articles/san-francisco-to-consider-toler...
https://www.wsj.com/articles/san-francisco-to-consider-toler...
The WSJ article is clearly written as an homage to The Onion.
Finally, San Francisco is not a big enough market to swing anything (or almost anything). California is, particularly if there are at least a few producer states whose sympathies lie in the general direction the CA is trying to push (e.g. with vehicle emissions).
The actual reporting done by WSJ is still top tier imo.