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HomeCalifornia

California

Electric Vehicles

California To Force All Big Rigs To Go Electric By 2035 The Daily Financial Trends

November 22, 2022 Clark Savage

California has an ambitious plan to force its trucking fleet to transition to all electric vehicles by 2035. However many are saying the move may be hampered by a lack of infrastructure, such as charging […]

Biden
Nuclear

Biden grants PG&E $1.1 billion to keep Diablo Canyon nuclear plant open

November 21, 2022 Clark Savage

The Biden administration on Monday said it’s providing Pacific Gas & Electric Co. with a $1.1 billion grant to help the company prevent the closure of Diablo Canyon, California’s last nuclear power plant. Diablo Canyon […]

Problem
Zero Edge

Ahead Of Recession, California Faces $25 Billion Budget Problem With Ongoing Deficits

November 21, 2022 Clark Savage

Authored by Mike Shedlock via MishTalk.com, California is spending like the tech boom would last forever. But a tech crunch is underway with huge layoffs everywhere. Now what?   Please consider California’s Fiscal Outlook for […]

Energy
Energy Policy

Energy Policy Is Too Often Inconsistent

November 15, 2022 Clark Savage

Cognitive dissonance is rearing its ugly head as the many politicians who agitated against fossil fuels investment, production and consumption now complain about high prices. Sadly, this is not new as energy policies are often […]

California
Aljazeera International

48,000 California academic workers strike for higher wages

November 15, 2022 Clark Savage

Los Angeles, California – More than 48,000 academic workers in the University of California system have gone on strike over what they say are unfair labour practices and low wages. Researchers, postdoctoral scholars, teaching assistants […]

power
Renewables Not Sustainable

US West faces power reliability issues from growing use of renewables

November 14, 2022 Clark Savage

Nov 11 (Reuters) – A group responsible for power market reliability in Western North America said the growing use of renewable generation will require the region to boost planning reserves in coming years to help […]

Fossil fuel
Fossil

Fossil fuel campaigns subvert democracy by undoing California drilling laws

November 11, 2022 Clark Savage

Fossil fuel interests have always resisted California regulations, but their movement to skirt the rules could be hitting an unsavory milestone. Flush with cash from record profits, fossil fuel companies have poured money into lobbying efforts […]

Exxon
Exploration and Production

Exxon Set To Lose $2B On California Offshore Field Sale

November 7, 2022 Clark Savage

U.S. supermajor ExxonMobil is expected to lose about $2 billion when it sells an oil field off the coast of California. Operations at the field were halted following an oil spill in 2015 that leaked […]

Peru indigenous groups block river in the Amazon after oil spill - ENB- Reuters
Geopolitical

Peru indigenous groups block river in the Amazon after oil spill – California of this part of the problem

November 5, 2022 Stu Turley

Peruvian indigenous groups were blocking a large river in the country’s Amazon region on Wednesday in protest over a crude oil spill of an estimated 2,500 barrels in the world’s largest rainforest, the government said. […]

California
M & A

Oil giants sell thousands of California wells, raising worries about future liability

October 27, 2022 Clark Savage

ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up for Dispatches, a newsletter that spotlights wrongdoing around the country, to receive stories in your inbox every week. The price of oil produced in California this […]

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