California Energy Commission in the news: oil-profit cap delayed as California softens oil/gas stance; CEC is CA’s main energy policy body (since 1974).
A wave of government actions has seen offshore wind leases bought out and reallocated to fossil-fuel projects, with about $2B in reimbursements promised to developers who abandon wind plans. This follows court rulings that have blocked or rolled back some Trump-era restrictions, while some projects in California and New Jersey move forward under renewed scrutiny.