California Sets New Rule for Chevron, Gas Price Is Expected to Rise

Published April 15, 2024

Time stamps

0:00 – California Reduces In-State Oil Production, But at What Cost?

2:40 – California Sets New Rule for Chevron; Gas Price May Rise

5:55 – The Myth of Going “Green”

10:13 – What Many World Leaders Don’t Realize About Renewable Energy

In a recent interview, energy expert Ronald Stein discussed California’s shifting energy landscape and the challenges of transitioning away from fossil fuels. As a former engineer and author on energy issues, Mr. Stein provided insightful perspective on the complex trade-offs involved.

California has made reducing oil production and dependence on foreign imports a priority. However, Mr. Stein notes this has unintended consequences, like lost revenue for cities and increased costs passed onto consumers. While aiming to curb emissions, Mr. Stein argues the state’s policies may simply outsource them elsewhere through increased imports.

When it comes to renewable energy, Mr. Stein acknowledged the role of wind and solar but highlighted their limitations compared to fossil fuels. As electricity alone cannot replace the vast array of products derived from oil, a total transition away from oil may not be realistic given society’s material demands. Mr. Stein also raised questions around reliability and whether intermittent renewables can independently power necessities like healthcare and defense.

The interview shed light on issues often overlooked in green energy debates. Mr. Stein drew attention to the human and environmental costs of mining for electric car batteries in developing nations lacking proper regulations and oversight. For those living on just dollars a day, the energy transition remains out of reach without international cooperation and solutions.

Overall, the discussion challenged assumptions and advocated a more holistic view of this complex issue with no single or simple answer. As leaders pursue ambitious climate goals, carefully considering all perspectives will be important to equitable and responsible policymaking.

*Views expressed in this video/article are opinions of the author and do not necessarily reflect the views of California Insider.