Chevron exec warns Caliornia climate crackdown could ‘collapse’ state’s oil industry
--------------------------------------------------------------------
Source: New York Post
Published: 2026-03-06 17:15 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Transport, Military & Defence, Energy, Elections, World News, Business & Economy, Environment & Climate, War & Conflict
--------------------------------------------------------------------
Snippet:
California’s war on carbon could blow back at the pump — and wipe out the state’s oil business entirely, a top Chevron executive is warning.Andy Walz, who heads the company’s downstream, midstream and chemicals division, says a looming vote by the California Air Resources Board could pile billions in new costs onto in-state fuel producers — potentially driving refineries out of California for good.“If they add this burden … it’s not whether refineries will close, it’s when,” Walz told KCRA
--------------------------------------------------------------------