The U.S. is in policy whiplash. Markets feel it. Families feel it. #CaliforniaPolitics #CAPolitics #LeadershipMatters #CaliforniaFuture

🚨Endorsement Alert🚨
Proud to have the support of the California State Building Trades in my race for Lieutenant Governor. Let’s keep building California together.
#BuildingTrades #LaborStrong #WorkingFamilies #unionstrong #CaliforniaJobs #UnionProud #LaborEndorsed #LtGovernor #CaliforniaFuture

California's Sustainable Energy Future: Navigating Challenges and Opportunities Energy, a cornerstone of economic progress since the Industrial Revolution, is undergoing a significant transformation. This evolving landscape presents both challenges and opportunities as California moves toward a more sustainable energy future. California’s energy sector supports roughly one million jobs, representing six percent of the state’s workforce and 11 percent of all energy jobs nationally. These positions offer substantial economic advantages, with average wages of $45 per hour—significantly higher than the $26 average in other industries—even though most energy workers do not hold bachelor’s degrees. However, the shift away from fossil fuels poses a threat to around 100,000 jobs, particularly impacting communities in areas like Kern County and Contra Costa. The future trajectory of these jobs remains uncertain. California's reliance on imported fuels adds another layer of complexity. State oil production has steadily decreased over decades, leading to a greater dependence on foreign sources—approximately 60 percent currently. This reliance creates vulnerabilities due to the lack of cross-border pipelines and potential disruptions at vital transportation routes like the Strait of Hormuz and Panama Canal. The state’s gasoline market reflects these vulnerabilities. Since 2015, California has transitioned from a net exporter of fuel to a “structurally net short” position, producing less than it consumes. Coupled with a concentrated refinery sector—where five companies control 100 percent of in-state production—this situation contributes to volatile gasoline prices. This disconnect, where California gasoline prices don’t consistently align with crude oil prices, was evident in late 2023 when prices spiked despite minimal change in crude costs, leading to ongoing examination of the "mystery gasoline surcharge" by the California Energy Commission. CA FWD is dedicated to facilitating a sustainable energy transition across all of California’s regions. Initiatives include events, a planned discussion on local economic impacts, and the California Economic Summit, all aimed at building a more sustainable, resilient, and inclusive economy. To view a full recording of the Energy 101 discussion, click here.

California's Sustainable Energy Future: Navigating Challenges and Opportunities #CAISO #Sustainability #RenewableEnergy #CaliforniaFuture #EconomicDevelopment #FossilFuelTransition

¡Hoy es el día! Ya está disponible la actualización anual del Plan de Acción para la Equidad Racial de 2024 en inglés y español:
bit.ly/SWRCBRacialEquity
Apunte la fecha para nuestra Reunión de la Junta del 4 de marzo, donde indagaremos los avances que logramos juntos.
#WaterEquity #CaliforniaFuture

Today is the day! The Racial Equity Action Plan 2024 Annual Update is now available in English and Spanish:
bit.ly/SWRCBRacialEquity

Save the date for our March 4th Board Meeting where we'll dive into the progress made together.

#WaterEquity #CaliforniaFuture