Thinker101
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- Mar 25, 2017
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As a recall campaign against Gov. Newsom of Calif appears close to qualifying for the ballot. Newsom on Friday took action to ban new permits for hydraulic fracturing starting in 2024, halting the controversial oil extraction method reviled by environmental activists, and called on the state regulators to evaluate phasing out all oil production in the state by 2045.
Newsom bans new California fracking permits starting in 2024
What would be the economic impact:
368,100 jobs
$33 Billion in labor income
$111 Billion in total output
$66 Billion in gross income
How much oil and gas does California produce?
Newsom bans new California fracking permits starting in 2024
What would be the economic impact:
368,100 jobs
$33 Billion in labor income
$111 Billion in total output
$66 Billion in gross income
How much oil and gas does California produce?