Newsom

New York Tailgates California’s EV Legislation, Mandates 100% Zero-Emission Sales by 2035

New York Tailgates California’s EV Legislation, Mandates 100% Zero-Emission Sales by 2035

New York, following the green trail of California, last month adopted several measures to speed up the state’s adoption of electric vehicles (EV) and zero-emissions vehicles (ZEV).  Gov. Kathy Hochul (D) urged the state’s Department of Environmental Conservation (DEC) to issue regulations that would require all new passenger cars and trucks sold in the state…

October 12, 2022
Funding California’s $308B Budget in Question As Newsom Ramps Up Climate Goals

Funding California’s $308B Budget in Question As Newsom Ramps Up Climate Goals

California Gov. Gavin Newsom last week turned up the heat on climate change initiatives with a letter to the California Air Resources Board (CARB) in which he stressed state agencies to prepare for an energy transition that involves no new natural gas plants.  “The state’s draft carbon neutrality road map doesn’t go far enough or…

August 3, 2022
California Seeking Public Input on Planned Fracking Ban

California Seeking Public Input on Planned Fracking Ban

California has begun the public comment period for a regulatory initiative to end the issuance of new hydraulic fracturing (fracking) permits by January 2024. Gov. Gavin Newsom last month instructed the Department of Conservation’s Geologic Energy Management (CalGEM) Division to begin drawing up the measure. The California Air Resources Board (CARB) also was ordered to…

May 26, 2021
California Governor, PG&E Agree on Bankruptcy Exit Plan

California Governor, PG&E Agree on Bankruptcy Exit Plan

California Gov. Gavin Newsom and bankruptcy bound Pacific Gas and Electric Co. (PG&E) and its parent company have informed a federal court in San Francisco of their joint support for a revisedplan of reorganizationfor the combination utility’s exit from Chapter 11. The agreement includes PG&E’s acceptance of a state takeover if it fails to get timely court and state approvals.

March 25, 2020

PG&E Wins Court Approval for $23B Financing Package to Pay for Wildfire Liabilities

Pacific Gas and Electric Co. (PG&E) and its parent company have received approval from a federal bankruptcy court in San Francisco for a $23 billion financing package to help pay its considerable liabilities from a rash of wildfires in 2017 and 2018.

March 18, 2020

California Governor Proposes $12B Climate Change Mitigation Push

California Gov. Gavin Newsom has allocated up to $12 billion over the next five years to support climate change mitigation measures, targeting wildfires and various energy transformation efforts.

January 13, 2020

Payouts Hit $25B as PG&E Files Revised Reorganization Plan, Governor Balks

Pacific Gas and Electric Co. (PG&E) late Thursday filed a revised final Chapter 11 reorganization plan after its recent completion of three separate victims and insurance settlements totaling more than $25 billion.

December 16, 2019
California Governor Calls for Possibly Closing Aliso Canyon Natural Gas Facility

California Governor Calls for Possibly Closing Aliso Canyon Natural Gas Facility

California Gov. Gavin Newsom this week tasked state regulators with identifying ways to permanently close the 86 Bcf, 3,200-acre Aliso Canyon natural gas storage facility north of Los Angeles.

November 20, 2019

California Agencies to Boycott Most Gasoline-Powered Vehicles

Regulatory agencies across California have been ordered to stop buying gasoline-fueled vehicles from several major automakers that have joined the Trump administration’s opposition to the state’s stricter transportation emissions rules.

November 19, 2019

Political Temperatures Rise as California Wildfires Subside

As California’s three-week streak of preventive power shutoffs and serious wildfires calmed down over the weekend, the political rhetoric and regulatory pushback accelerated, resulting in the naming of a temporary statewide energy czar and Gov. Gavin Newsom calling for a public sector takeover of bankruptcy-mired Pacific Gas and Electric Co. (PG&E).

November 5, 2019
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