A bit of sanity in Sacramento.
From Reuters via Yahoo Finance, September 1:
....MUCH MORECalifornia lawmakers on Thursday voted to extend the life of the state's only nuclear power plant by five years, and approved several other measures to bolster the state's already aggressive climate change policies and shore up its fragile power sector.
The set of bills mark a victory for Democratic Governor Gavin Newsom, who had made a push in recent weeks to pass climate legislation that could match Congress' approval last month of the biggest climate change law in U.S. history.
It also bolsters the administration of President Joe Biden, which is seeking to subsidize financially strapped nuclear power plants to delay their retirements and keep clean power online, and rally support for ambitious climate action.
Among the series of last-minute votes, California's lawmakers reversed the state's 2016 decision to retire PG&E Corp's Diablo Canyon power plant by 2025 and approved a $1.4 billion government loan to extend its operation to 2030. The measure will help keep emission-free power on line in the midst of ongoing tight supply that has threatened blackouts.
It also allocated more than $50 billion to clean-energy investments, codified a mandate to achieve economy-wide carbon neutrality by 2045, and set a target of generating 90% of its electricity from clean sources by 2035.
In a blow to the fossil fuel industry, lawmakers also approved a ban on oil and gas drilling within 3,200 feet (975 m) of structures including homes, schools and hospitals. The measure applies to both new and existing wells if they are re-drilled or altered. More than 2.7 million people in California live within 3,200 feet of a producing well, according to the bill's author....
Previously:
August 16
Shutdown Plans Reversed? "California could lend PG&E $1.4 billion to save Diablo Canyon nuclear plant"
December 2021
Regarding California's Shutdown of The Diablo Canyon Nuclear Plant
