What impact will plunging oil prices have on California’s efforts to cut carbon pollution? One result will be to ease the sting drivers will feel at the pump when gasoline is included in the state’s cap and trade program starting January 1st. The oil industry and regulators have been sparring over how big an effect that will have on gas prices.
Bigger questions loom. How long will oil reign as the king of transportation fuels? What does Shell Oil think about the move among foundations and universities to divest from fossil fuels? Will electric cars and other innovations transform the way Californians get around town? Do they present a threat to Big Oil’s business model? Join a conversation about the future of oil and powering America’s future.
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