For years, energy policy in the Golden State has been marked by politicized chaos and willful ignorance. To shift course in 2025, here are four key facts policymakers should know.
On refinery capacity losses and the Low Carbon Fuel Standard, Sacramento chooses to pretend all is well. Californians paying ever-higher gas prices surely disagree.
Declining in-state production means more foreign oil tankers coming to California ports, but the Golden State may not have the infrastructure to meet gasoline demand with imported crude.
Industry experts warn that mandates to electrify ports and rail transport will cost Californians jobs and raise costs for consumers across the country.
Economists criticize state energy policies and dismiss Newsom’s price gouging claims as “conspiracy theories inconsistent with economic logic and the available data.”
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.