The Escalating Energy War Between California and the White House
In recent years, California has grown increasingly progressive in its energy policy, shifting away from fossil fuels toward renewable alternatives. The state has invested heavily in developing its renewable energy capacity over the last decade, in a bid to decrease reliance on oil, coal, and gas. Th
Source: OilPrice.com
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DW NOTE
California's war with federal energy policy is best understood as a demand-side secession. The state's refiners already pay a 60-cent carbon premium on every gallon versus the Gulf Coast; add federal preemption of fuel standards and you're pricing marginal California production out of existence. The White House sees national uniformity; Sacramento sees an existential threat to its ability to regulate consumption through price.