Berliner Boersenzeitung - California's green drive leaves its oil towns behind

EUR -
AED 4.313468
AFN 77.598705
ALL 96.698386
AMD 447.792527
ANG 2.102883
AOA 1077.044807
ARS 1692.205144
AUD 1.764354
AWG 2.114155
AZN 2.001365
BAM 1.955767
BBD 2.361861
BDT 143.307608
BGN 1.955767
BHD 0.442093
BIF 3466.042156
BMD 1.17453
BND 1.514475
BOB 8.102865
BRL 6.365607
BSD 1.17268
BTN 106.04923
BWP 15.537741
BYN 3.457042
BYR 23020.795811
BZD 2.358461
CAD 1.618445
CDF 2630.948518
CHF 0.934916
CLF 0.027253
CLP 1069.11676
CNY 8.28573
CNH 8.284609
COP 4466.125466
CRC 586.590211
CUC 1.17453
CUP 31.125056
CVE 110.26316
CZK 24.276491
DJF 208.826515
DKK 7.472132
DOP 74.548756
DZD 152.289758
EGP 55.571073
ERN 17.617956
ETB 183.229742
FJD 2.668303
FKP 0.879936
GBP 0.878351
GEL 3.175767
GGP 0.879936
GHS 13.461775
GIP 0.879936
GMD 85.741137
GNF 10198.829794
GTQ 8.98185
GYD 245.335906
HKD 9.138141
HNL 30.873485
HRK 7.537789
HTG 153.707435
HUF 385.234681
IDR 19536.845016
ILS 3.785271
IMP 0.879936
INR 106.394254
IQD 1536.174363
IRR 49474.161194
ISK 148.465122
JEP 0.879936
JMD 187.756867
JOD 0.832789
JPY 182.950774
KES 151.217476
KGS 102.713135
KHR 4694.921647
KMF 492.719958
KPW 1057.060817
KRW 1732.32708
KWD 0.360233
KYD 0.977284
KZT 611.589793
LAK 25422.575728
LBP 105012.44747
LKR 362.353953
LRD 206.976546
LSL 19.78457
LTL 3.468083
LVL 0.710462
LYD 6.369894
MAD 10.78842
MDL 19.823669
MGA 5194.913303
MKD 61.548973
MMK 2466.385496
MNT 4167.553805
MOP 9.403343
MRU 46.930217
MUR 53.93488
MVR 18.092159
MWK 2033.466064
MXN 21.157878
MYR 4.812408
MZN 75.064681
NAD 19.78457
NGN 1706.088063
NIO 43.15928
NOK 11.906572
NPR 169.679168
NZD 2.023657
OMR 0.451612
PAB 1.17268
PEN 3.948134
PGK 5.054916
PHP 69.43241
PKR 328.640215
PLN 4.225315
PYG 7876.868545
QAR 4.273829
RON 5.092651
RSD 117.378041
RUB 93.579038
RWF 1706.771516
SAR 4.407079
SBD 9.603843
SCR 17.649713
SDG 706.484352
SEK 10.887784
SGD 1.517615
SHP 0.881202
SLE 28.335591
SLL 24629.319496
SOS 668.988835
SRD 45.275842
STD 24310.407882
STN 24.499591
SVC 10.260829
SYP 12986.886804
SZL 19.77767
THB 37.109332
TJS 10.77682
TMT 4.122602
TND 3.428143
TOP 2.827988
TRY 50.011936
TTD 7.957867
TWD 36.804032
TZS 2902.351563
UAH 49.548473
UGX 4167.930442
USD 1.17453
UYU 46.019232
UZS 14127.764225
VES 314.116117
VND 30897.196663
VUV 142.580188
WST 3.259869
XAF 655.946053
XAG 0.018954
XAU 0.000273
XCD 3.174228
XCG 2.113465
XDR 0.815786
XOF 655.946053
XPF 119.331742
YER 280.129715
ZAR 19.820741
ZMK 10572.187233
ZMW 27.059548
ZWL 378.198309
  • RBGPF

    0.0000

    81.17

    0%

  • CMSD

    -0.1500

    23.25

    -0.65%

  • BCC

    0.2500

    76.51

    +0.33%

  • NGG

    0.2400

    74.93

    +0.32%

  • RIO

    -1.0800

    75.66

    -1.43%

  • CMSC

    -0.1300

    23.3

    -0.56%

  • GSK

    -0.0700

    48.81

    -0.14%

  • RELX

    0.1000

    40.38

    +0.25%

  • RYCEF

    -0.2500

    14.6

    -1.71%

  • JRI

    -0.0200

    13.7

    -0.15%

  • BCE

    0.3100

    23.71

    +1.31%

  • AZN

    -0.4600

    89.83

    -0.51%

  • BTI

    -1.2700

    57.1

    -2.22%

  • VOD

    0.0500

    12.59

    +0.4%

  • BP

    -0.2700

    35.26

    -0.77%

  • SCS

    0.0200

    16.14

    +0.12%

California's green drive leaves its oil towns behind
California's green drive leaves its oil towns behind / Photo: Frederic J. BROWN - AFP

California's green drive leaves its oil towns behind

Fred Holmes watches with satisfaction as pumps pull oil from deep under his California farm, tapping a supply he thinks could last another century.

Text size:

But he knows the state's ambitious environmental policies will put an end to the practice much sooner than that.

Oil extraction "could continue for another 100 years," he told AFP. But it won't.

"Twelve to 14 years" for his company at the rate things are changing, he says.

California produces 311,000 barrels of crude oil every day, around 2.4 percent of all US production, making it the seventh largest producing state in the union.

But it is also at the leading edge of environmentalism in the United States, and is determined to shrink its dependency.

In September Governor Gavin Newsom announced California was joining other states in taking legal action against oil companies, saying they knew decades ago their product was damaging the planet, but hid the truth.

For the people of Taft, a two-hour drive north of Los Angeles, the move is somewhere between a stunt and an insult to a town whose historic prosperity was built on black gold.

"The governor does something like this almost daily," said Holmes. "It's like a circus."

By 2045 the state -- whose economy is bigger than that of all but four countries -- plans to be carbon neutral, and to have ended drilling for fossil fuel.

Already, drilling permits are hard to come by.

"Our town is essentially boarded up and it's almost a ghost town," said Holmes.

Thousands of wells dot the desert around Taft, whose proud museum to oil is watched over by a wooden drilling rig.

It's a similar story in much of rural Kern County, which produces 70 percent of California's oil.

Arguments over the damage that fossil fuels are doing to the environment -- the changes in weather patterns that have left the state at the mercy of extreme climate swings -- get short shrift.

"I'm not worried about climate change. You know, we'll go with the flow," 75-year-old Mickey Stoner told AFP.

"This town will die if we don't have oil," she says.

Taft is the site of the five-yearly "Oildorado" -- a 10-day celebration of the town and its drilling heritage due to be held again in October 2025.

The festival celebrates what made Taft possible, and, according to Mayor David Noerr, the industry that keeps it going.

"Oil is the lifeblood of this city, and of Kern County for that matter," the one-time roustabout said.

The sector "pays huge sums of taxes to the counties and the cities, it funds schools, it funds law enforcement and funds programs for veterans and youth athletics, you name it."

Like New Mexico, which offers fee-free university and college tuition to residents, funded by oil revenues, and Wyoming, which generates a significant chunk of its budget from natural resource extraction, Kern County illustrates one of the challenges posed by the energy transition in the United States as the country tries to wean itself off fossil fuels.

Reducing California's oil production by 90 percent by 2045 would cost Kern up to $27 million a year in property taxes and eliminate thousands of jobs, according to a recent study from the University of California Santa Barbara.

- Difficult transition -

Aside from the gaping budgetary holes that will affect everyone in a jurisdiction, there is also the individual cost.

What does an oil worker do when he's not allowed to drill for oil?

"Unless we have programs for workers to transition to other sectors that have equivalent compensation and equivalent skill sets, it's going to be a really hard sort of transition," says Ranjit Deshmukh, one of the researchers who contributed to UCSB study.

President Joe Biden repeatedly invokes the "well-paid" jobs that green energy can bring.

But the worry for oilmen like Noerr is that the efficiencies such technologies inherently bring mean fewer people are required to keep them running.

Once a field of solar panels is installed, it requires little maintenance -- unlike the machinery that pumps oil to the surface.

"Those green jobs provide economic benefit to the community intermittently, just as surely as the energy they produce is intermittent," he says.

For Holmes, it seems wasteful that the oil remains in the ground while California continues to need it.

Why, he wants to know, should the state be importing oil instead of using its own supply?

"The only thing we're transitioning to is foreign oil," he says. "If we're going to use any oil, use ours first."

But even here in Taft, some question the wisdom of continuing to use a source of energy that pollutes the air and warms the planet.

"We need to seriously consider something else," diner waitress Bianca Hiler says. "The climate, it's a big deal, I think."

The 57-year-old says she has seen the region decline over the last few decades, but wants to see a different, brighter future, one that is less affected by the pollution caused by traditional industries like agriculture and oil.

"The air quality is horrible all the time," she says.

Things can't go on as they are, for the sake of the next generations.

"My grandson has asthma, he can't even breathe."

(A.Lehmann--BBZ)