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California

California Proposes Oil and Gas Drilling Buffer Zone Around Communities

Kimberly Redmond | Equities.com |

California Gov. Gavin Newsom has proposed a statewide ban on oil and gas drilling within 3,200 feet of homes, schools and hospitals in order to protect public health and further its goal to combat climate change.

The draft rules, released last week by the state’s oil regulator California Geologic Energy Management Division (CalGEM), aim to create what would be the largest buffer zone in the country. Existing wells in those setback areas would not be banned, but subject to stricter regulation.


California To Ban Sales of Gasoline-Powered Lawn Equipment

Kimberly Redmond | Equities.com |

California will soon ban the sale of new, gas-powered lawn equipment, the state’s latest move to curb emissions.

Under the law signed by Democratic Gov. Gavin Newsom on Saturday, the California Air Resources Board (CARB) was directed to phase out the sale of small off-road engines by 2024 or as soon as feasible, whichever comes later.


California Governor Newsom Signs Affordable Housing Law

Reuters | Equities.com |

California Governor Gavin Newsom has signed legislation aimed at combating the state's housing crisis by expanding housing production and aiming to streamline housing approvals.

Newsom's office said on Thursday California will put $1.75 billion into what his administration is calling a new California Housing Accelerator, which he claimed will accelerate building 6,500 affordable multi-family units that were stalled for lack of tax-exempt bonds and low-income housing tax credits.


South Lake Tahoe Residents Encounter Severe Price Gouging as They Flee Raging Wildfire

AP News | Equities.com |

As fearful Lake Tahoe residents packed up belongings and fled a raging wildfire burning toward the California-Nevada border, some encountered an unexpected obstacle: price gouging.

A rideshare company quoted a fee of more than $1,500 to be transported from the smoke-choked ski resort at Heavenly Valley to the safety of Reno-Tahoe International Airport, about eight times the going rate. A Nevada hotel-casino outside the evacuation order zone advertised a two-night stay for $1,090.72, almost four times the midweek rate offered a day earlier.


Favorable Weather Slows Caldor Fire, But Homes in California-Nevada Alpine Region Still in Danger

AP News | Equities.com |

Favorable weather helped firefighters trying to save communities on the south end of Lake Tahoe from an approaching wildfire, but officials warned Wednesday that stiff winds and dry conditions mean that homes in the California-Nevada alpine region are still in danger.

“Finally some good news on the weather side of things here on this fire,” Jim Dudley, a meteorologist assigned to the fire, said at an evening briefing. Winds were expected to calm significantly over the next several days, he said, but risks remain with extremely low humidity levels.


California Wildfire Forces Complete Evacuation of South Lake Tahoe

AP News | Equities.com |

A ferocious wildfire swept toward Lake Tahoe on Tuesday just hours after roads were clogged with fleeing cars when the entire California resort city of South Lake Tahoe was ordered to evacuate and communities just across the state line in Nevada were warned to get ready to leave.

The popular vacation haven normally filled with tens of thousands of summer tourists emptied out Monday as the massive Caldor Fire rapidly expanded. Vehicles loaded with bikes and camping gear and hauling boats were in gridlock traffic, stalled in hazy, brown air that smelled like a campfire. Police and other emergency vehicles whizzed by.


Southern California Facing Same Wildfire Dangers That Have Scorched the North

AP News | Equities.com |

A wildfire that burned several homes near Los Angeles may signal that the region is facing the same dangers that have scorched Northern California.

The fire in San Bernardino County erupted Wednesday afternoon, quickly burned several hundred acres and damaged or destroyed at least a dozen homes and outbuildings in the foothills northeast of LA, fire officials said. Crews used shovels and bulldozers and mounted an air attack to keep the South Fire from the tiny communities of Lytle Creek and Scotland near the Cajon Pass.


California Says Teachers Must Get COVID-19 Vaccine or Be Tested Regularly

Reuters | Equities.com |

California on Wednesday became the first U.S. state to require that its teachers and other school staff be vaccinated or regularly tested for COVID-19, a move Governor Gavin Newsom called "a responsible step" to ensure the safety of children.

The move comes as Texas Governor Greg Abbott's statewide ban on mask mandates hit its second legal setback after a judge in Dallas County temporarily blocked it from being enforced amid a nationwide rise in coronavirus cases.


California's Largest Wildfire Grows Amid Severe Weather Conditions

AP News | Equities.com |

California’s largest wildfire exploded again after burning for nearly three weeks in remote mountains and officials warned Tuesday that hot, dry weather would increase the risk of new fires across much of the state.

Firefighters saved homes Monday in the small northern California community of Greenville near the Plumas National Forest as strong winds stoked the Dixie Fire, which grew to over 395 square miles across Plumas and Butte counties.


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