California Gov. Gavin Newsom on Wednesday said he wants to ban by 2024 all new hydraulic fracturing permits and by 2035 require all new in-state cars and passenger truck sales to be zero-emission.

Taxpayers would not be stuck with expenses to remediate and/or shut oilfields, according to Newsom, who signaled California is moving from fossil fuel use and making over the massive transportation grid. He signed an executive order (EO) to move vehicles to zero-emission and called on the legislature to ban fracturing permits.

The EO would set “clear deliverables for new health and safety regulations that protect workers and communities from the impacts of oil extraction,” Newsom said. In addition, it would support companies that “transition their upstream and downstream oil...