Bill would ban fracking, other risky California oil production techniques by 2027
Janet Wilson, Palm Springs Desert Sun
Two California state senators on Tuesday introduced legislation that would halt all new fracking, steaming and other risky oil and gas production techniques next year, and end them completely by 2027.
The bill, SB 467, End Fracking & Harmful Drilling Act will also include a renewed bid to require a 2,500-foot setback between oil operations and neighborhoods, similar to buffers already in place in Texas, Colorado and elsewhere mandating separation between hazardous facilities and schools or residences.
The legislation, authored by Sen. Scott Wiener (D-San Francisco) and Sen. Monique Limon (D-Santa Barbara), is certain to face stiff headwinds from oil industry lobbyists and building and trade unions.
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A few years ago, an Alaska fishing trip by BlackRock CEO Larry Fink was interrupted by a smoky haze from wildfires in Siberia. In his telling, that experience was a catalyst for his now-infamous letter calling for a halt to development in the 49
th state.
The irony is that the actions of Fink and other Wall Street megabanks are sending resource production to the dirty oil and gas fields of the Russian tundra. In doing so, they speed the very calamity they are ostensibly hoping to prevent.
Climate change is a global phenomenon. Whether atmospheric carbon is produced in Alaska, Texas, or Russia has no relevance. Canceling a cutting-edge horizontal-drilling project on the North Slope doesn’t stop demand for oil; it simply shifts production. Rather than pumping that oil from an Alaskan oil field, where stringent environmental regulations prevent flaring, extractors will harvest that oil from a dirty, carbon-spewing well in Russia.
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The early moves from the Biden Administration raise serious questions about the commitment to the so-called “just transition” for energy workers.
The executive orders to cancel the Keystone XL pipeline and ban new leasing for oil and natural gas development on federal lands has resulted in tens of thousands of workers and hundreds of small businesses facing economic devastation at the single stroke of a pen without any type of support.
These orders fly in the face of the campaign pledges made last year by candidate Joe Biden, fringe Democrats, and progressive activist groups who promised a smooth change transition to gainful employment in other sectors of the energy industry.
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