Senate Bill 953, a proposal that cleared its first hurdle Tuesday, would allow the State Lands Commission to terminate some offshore oil leases by the end of 2024.
An ambitious legislative effort to shut down three offshore oil rigs along the Orange County coast, where beaches and fragile wetlands were soiled after a major spill in October, could be hobbled by concerns over the eventual cost to California taxpayers.
Though both oil producers and California’s powerful trade unions oppose the bill, concerns expressed by some Democrats about the state’s potential financial liability pose one of the greatest obstacles to the measure. Although the legislation passed the Senate Natural Resources and Water Committee, several Democrats said the measure’s fate may rest heavily on the price tag, which has yet to be determined.
snagging a 17-mile-long pipeline that runs from an oil platform in federal waters to the Port of Long Beach.“I think it’s clear that the risks posed by offshore drilling are not justified by their benefits. Offshore oil production in both federal and state waters in California accounts for less than 0.3% of annual production in the United States,” Min told the committee Tuesday.
For example, Min said, state officials estimate that one of the platforms off the Orange County coast would cost $92 million to decommission. If the oil company’s revenue from that lease were estimated to be $100 million, the state would be required to pay the company $8 million and also be responsible for the cost of removing the oil platform.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Seeds, sawmills at center of effort to save California forests and restore burned communitiesGREENVILLE, Calif. — From seed to sawmill, residents from Greenville, California, are pulling up their sleeves to rebuild their community after it was turned into ashes by the Dixie fire in July 2021.
Baca lebih lajut »
Unprecedented water restrictions ordered as MWD declares water shortage emergencySouthern California water officials took the unprecedented step of declaring a water shortage emergency and restricting outdoor watering to just one day a week in parts of Los Angeles, Ventura and San Bernardino counties.
Baca lebih lajut »
California bill would pay farmworkers $1,000 a month to help endure drought, climate crisisThe $20-million program is meant to assist farmworkers as climate change limits California's growing seasons and water supply.
Baca lebih lajut »
Campaign for arts and music education funding kicks offAn effort to increase funding for art and music education in California schools has reached a milestone, with organizers recently submitting more than 1 million signatures to place a statewide meas…
Baca lebih lajut »
California Assembly Bill Would Limit Light Pollution From State BuildingsExcess light cast into the sky is now seen as a form of pollution with real impacts on the environment. The State of California is now considering a bill that would be a first step in bringing darkness back to the night.
Baca lebih lajut »