September 18, 2021

Ukraine Breaking News

Ukraine Breaking News | The Latest News In Ukraine

California to ban fracking by 2024, oil extraction phased out by 2045, governor says

California to ban fracking by 2024, oil extraction phased out by 2045, governor says

Get short URL

Sputnik International

WASHINGTON (Sputnik) – California Governor Gavin Newsom announced on Friday a plan to end issuing new oil fracking permits in the state by 2024 and phase out statewide oil extraction by 2045.

“Today we announce that we will phase out all oil extraction – as part of a leading global effort to achieve carbon neutrality – and we will ban fracking by 2024,” tweeted Newsom.

The announcement came in the wake of state lawmakers’ refusal in early April to adopt a bill banning fracking and mining other fossil fuels, one day after the Earth Day environmental holiday, as well as a global virtual climate summit organized by the Biden administration.

Newsom took the step in part due to ongoing attempts to recall it, with environmental activists criticizing the governor for not making enough efforts to advance the fracking bill, and Conservatives criticizing him for not doing enough to keep the oil in circulation.

Previously, the governor said fracking accounts for only 2% of crude oil production in California, one of the largest oil-producing states in the United States. Industry groups say the share is much larger – up to 17% – sparking controversy over the impact of a ban.

In November 2020, then US President Donald Trump signed an order to protect the fracture of the hydraulic oil sands.

US President Joe Biden suspended issuing new oil and gas leases on federal water and land areas after taking office on January 20. Biden has set a goal of halving the U.S. carbon footprint by 2035 and has also pledged to invest $ 400 billion over the next decade on sustainable energy projects including wind, solar and hydro.