Energy

Californian Energy Use Compared to the USA and the World

Californian Energy Use Compared to the USA and the World

As we celebrate one of America’s finest traditions this week, one of the things we are surely thankful for is the energy we often take for granted. We are particularly lucky in America, because the energy we use is nearly always reliable and abundant. Just how abundant? Here are some numbers. Most energy economists report...

By Edward Ring

The Numbers Driving California vs Washington on Energy, Water & Forestry

The Numbers Driving California vs Washington on Energy, Water & Forestry

With national election results that have delivered a surprisingly unequivocal result, California’s business interests now find themselves on a political tightrope. On one side, the incoming Trump administration will pursue deregulation that may help businesses remain in California, and on the other side, the Newsom administration is going to do everything in its power to...

By Edward Ring

Quantifying the Impact of “Low Carbon” Fuel

Quantifying the Impact of “Low Carbon” Fuel

On November 8, a Friday evening, after a day long marathon of public comment, the California Air Resources Board (CARB) approved updates to the state’s Low Carbon Fuel Standard. According to the Kleinman Center for Energy Policy, the price impact of compliance with the new rules “could be $0.65 per gallon in the near term, $0.85 per gallon...

By Edward Ring

Is California Ready to Kill Its Oil Industry?

Is California Ready to Kill Its Oil Industry?

California’s state legislature is determined to eliminate fossil fuel as soon as possible, with oil at the top of the list. This goal is shared by the Governor and Attorney General, along with leadership and staff at every one of the many state agencies that collectively regulate the industry. But even if this goal is...

By Edward Ring

Ways California Can Have Abundant Energy

Ways California Can Have Abundant Energy

With the right combination of new policies in California, abundant energy ought to be just around the corner. Nearly all new energy development can be privately financed, and it can be delivered while creating tens of thousands of high paying jobs. But for this to happen, California’s state legislators will need to accept the following...

By Edward Ring

Newsom’s “Special Session” on Gasoline Prices

Newsom’s “Special Session” on Gasoline Prices

By now most of the mega-majority Democrats in our state legislature understand basic facts about energy in California: We still derive 50 percent of our total energy from petroleum, and another 30 percent of our energy from natural gas. This makes them understandably reluctant to kill California’s oil and gas industry, and gives them pause...

By Edward Ring

Floating Offshore Wind – A Financial Catastrophe

Floating Offshore Wind – A Financial Catastrophe

When it comes to looming financial and environmental catastrophes, nothing can compare to floating offshore wind. It is energy policy at its worst. In an analysis earlier this year (WC #36), using cost estimates published by a European energy consulting firm, I estimated the total project cost for floating offshore wind off the California coast at, best...

By Edward Ring

Wake Up California: Free Market Energy Solutions Work

Wake Up California: Free Market Energy Solutions Work

While California continues to enact draconian climate laws and regulations that hinder the state’s economy, Texas has taken the lead in driving clean energy production.  New data from energy think tank Ember reveals that after trailing the Golden State for years, Texas is now outpacing California as the nation’s leading producer of power generated from...

By Andrew Davenport

California’s Energy Economy: Challenges and Opportunities

California’s Energy Economy: Challenges and Opportunities

Last week’s Energy Overview (WC #48) provided links to a few of the most useful and authoritative references available on energy use globally and in California: the Statistical Review of World Energy, Lawrence Livermore Laboratory’s Energy Flow Charts, fuel inputs to California from the U.S. Energy Information Administration, and reports on California energy use with...

By Edward Ring

California’s Energy Economy: An Overview

California’s Energy Economy: An Overview

As we complete our first full year of offering information on California’s energy and water policies, it seems appropriate to accept the following challenge: Identify just 20 links to sources that contain the most useful and revealing quantitative facts about energy and water in California, with a brief explanation accompanying each link. To accomplish this, over the...

By Edward Ring

Can an Abundance Agenda Unite Business?

Can an Abundance Agenda Unite Business?

Scarcity and high prices are not an inevitable fact of life in California. They are the result of political choices. For nearly 50 years, and with escalating severity that shows no sign of abating, politicians in California have enacted legislation that is explicitly responsible for unaffordable housing, unreliable and expensive energy, and chronic shortages of...

By Edward Ring

The Crossroads of Kern County

The Crossroads of Kern County

With chronic uncertainty over water allocations for farm irrigation, and relentless and escalating regulatory assaults on its oil industry, the biggest economic sectors of Kern County are threatened. The irony is thick. Food and fuel are the prerequisites for civilization – the enabling foundation for California’s entire much broader and often spectacular economy – and...

By Edward Ring