Gov. Gavin Newsom says California will stop issuing new permits for hydraulic fracturing by January 2024, and has instructed the California Air Resources Board to work on ways to phase out oil extraction in the state by 2045, he said on April 23.
The move on “fracking” is regarded mostly as symbolic, as California Department of Conservation records show that the process accounts for only 2 percent of oil extraction in the state.
