Industry experts warn that mandates to electrify ports and rail transport will cost Californians jobs and raise costs for consumers across the country.
Policymakers are realizing that changing how the world’s fifth-largest economy produces and consumes energy is a massively complicated undertaking – and costs a lot of money.
Amid rising prices and a severe affordability crisis, Sacramento should be looking for ways to provide relief to working families. But instead, the state’s energy policies are only making matters worse.
Foreign oil imports are up, and in-state production is down: Newsom’s policies force California to increasingly rely on overseas regimes to meet basic energy needs.
The governor has moved aggressively to shut down oil production, but government forecasts show the state will still need 11.5 billion gallons of gas and diesel in 2035.
State data confirms demand for oil and gas is increasing in the Golden State, dealing a harsh dose of reality to Governor Newsom’s energy transition narrative.
The governor has extended the life of natural gas generators, recognizing they are necessary to maintain grid reliability. Energy activists aren’t happy about it.
