In this list
Electric Power | Energy Transition | Oil

California's clean car ambitions clear first roadblock with Biden win

Commodities | Natural Gas | Natural Gas (North American) | Oil | Crude Oil | Refined Products | Jet Fuel | Metals | Steel | Shipping | Containers | Coronavirus

Market Movers Americas, April 19-23: Airline earnings point toward recovery

Electric Power

Platts Forward Curves – Gas and Power

Oil | Crude Oil | Coronavirus | Energy Transition | Macroeconomics

37th Asia Pacific Petroleum (APPEC 2021)

Oil | Crude Oil

Spotlight: Russia sanctions: US' shot across the bow directionally supportive of OPEC+ cohesion, short-term prices


Fuel for Thought: energy security omens returning to haunt oil market

Listen: California's clean car ambitions clear first roadblock with Biden win

California and its clean car ambitions had a lot riding on the US presidential election.

The state's Air Resources Board spent the Trump presidency fighting with the US Environmental Protection Agency about its rollback of Obama-era tailpipe standards, which were set to increase average fuel economy of the US passenger vehicle fleet by 5% annually from 2021 to 2026. The Trump administration slashed these targets to a 1.5% annual increase.

Trump's EPA also moved to revoke California's long-held waiver to set tougher air quality standards than the national limits, and it is still battling that in courts.

The incoming Biden administration, however, means a smoother ride for California's clean car goals.

In September, California Governor Gavin Newsom announced an ambitious target to phase out new sales of gasoline-powered cars and passenger trucks by 2035. This zero-emission vehicle policy also set a 2045 goal for medium- and heavy-duty vehicles.

We have two interviews today on California's clean car ambitions:

* Jennifer McIsaac, lead analyst of emissions and clean energy for Platts Analytics' Future Energy Outlook Service, on the market, policy and logistical challenges ahead.

* John Boesel, president and CEO of CALSTART, a clean transportation nonprofit, about the results of a recent study showing that auto suppliers want policy makers to set strong standards in this area.

Stick around after both interviews for the Market Minute, a look at near-term oil market drivers.