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California governor seeks end to oil drilling in state by 2045

CommoditiesApr 23, 2021 06:20PM ET
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© Reuters. Oil storage containers are seen, amid the coronavirus disease (COVID-19) pandemic, in Los Angeles

(Reuters) -California Governor Gavin Newsom on Friday directed his administration to take steps to phase out oil and gas drilling in one of the nation's top oil-producing states by 2045 and to ban new fracking permits within three years.

Newsom has been under pressure from environmental activists and progressive politicians who say extraction of oil and gas is at odds with California's goals of moving away from fossil fuels and fighting climate change.

"I’ve made it clear I don’t see a role for fracking in that future and, similarly, believe that California needs to move beyond oil," Newsom said in a statement.

Oil production in California has declined steadily since the 1980s, partly because of tough environmental standards. But government data shows the state remains the seventh-biggest U.S. crude oil producer, second-biggest oil consumer, and home to a tenth of U.S. refining capacity.

California's climate change policies also are among the most aggressive of any U.S. state, including a goal to ban gasoline-powered cars by 2035.

Several green groups and Democratic lawmakers said the state needed to move more quickly to phase out drilling, while the oil and gas industry criticized the governor's announcement, as did some politicians who said the action would hurt drilling-dependent jobs and communities.

The Western States Petroleum Association, in a statement, pledged "to fight this harmful and unlawful mandate."

Newsom directed the California state oil and gas regulator, the Geologic Energy Management Division, to initiate a process that will halt the issuance of hydraulic fracturing permits by 2024. Fracking accounts for just 2% of oil extraction in California, according to the state's Department of Conservation.

In addition, the governor said the California Air Resources Board, which writes the state's climate change policies, will evaluate how to phase out oil and gas extraction by 2045.

California governor seeks end to oil drilling in state by 2045
 

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Comments (6)
Benjamin McIntire
Benjamin McIntire Apr 23, 2021 8:30PM ET
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Too long. 2045 is too long to wait for a state that is already being severely impacted by climate change. Expect this to be accelerated as the impacts are more keenly felt.
Forex Harbingers
Forex Harbingers Apr 23, 2021 8:30PM ET
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baaaaaaa
danny Levine
danny Levine Apr 23, 2021 8:30PM ET
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why would the rest of the country pay for your own green energy "ambitions"?
Scott Bailey
Scott Bailey Apr 23, 2021 8:30PM ET
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I suppose you think the fires are caused by climate change, right Benny?
Jo Pa
Jo Pa Apr 23, 2021 6:06PM ET
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When their grid collapses, and rolling blackouts become daily, they'll blame it on 'climate change'.
vince smith
vince smith Apr 23, 2021 6:00PM ET
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Hahaha Democrats, he wants it to end when he plans on retiring then he won't have to deal with the loss of money typical
John Wim
John Wim Apr 23, 2021 4:51PM ET
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And import oil from overseas? Does that make sense? Gas prices are already $4 now. It will hit 5 in the summer.
Ethan Strong
Ethan Strong Apr 23, 2021 4:07PM ET
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Newsom is a complete fraud. Newsom has approved drilling permits for more than 1,400 new oil and gas wells. He has also crippled California's economy with unreasonable mandatory lockdowns while presenting no scientific data. He has slso kept his own administration from viewing his secretive contracts with china for PPE. And of course he has been caught cheating on his 2nd wife after getting caught chesting on his 1st wife. What a two bit hack!
Darryl Allen
Darryl Allen Apr 23, 2021 3:43PM ET
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Make no mistake, this is not environmentalism. It is to pound the working class into serfdom.
Jo Tay
Jo Tay Apr 23, 2021 3:43PM ET
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That makes no sense. You should put tinfoil hat back on
Caise Diabhassan
Caise Diabhassan Apr 23, 2021 3:43PM ET
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What is serfdom ? And how does newsoms action result in that.
 
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