California is coming for your natural gas

Is legislating no more natural gas a good thing or a bad thing for
Californians?

The trend is becoming impossible to ignore. More and more
communities are making it illegal to build new homes with natural
gas. In fact, it sounds like the ultimate goal is to eliminate
natural gas all together and ultimately require home owners to
replace gas appliances with electric options. This seems like an
odd move when California has still not solved its electric grid
issues. In fact, in the ultimate irony, California is moving
power plants over to natural gas . So while you won't be able to
have it in your home, the state is using it to generate your
power. Whats more, California has no hope of meeting the demand
for electricity until at least 2023. Do we think that forcing
more Californians to use electricity will make this better?


So today we will chat about this and consider it from a owner and
investor standpoint.


Links:



https://realtybiznews.com/californian-cities-are-banning-natural-gas-in-new-homes/98757516/


https://pv-magazine-usa.com/2019/10/25/california-needs-a-fast-and-furious-build-out-of-4-gw-of-new-clean-energy-capacity/


https://laist.com/2019/07/24/glendale_just_approved_what_may_be_californias_last_natural_gas-lit_power_plant.php


https://calchamberalert.com/2019/03/29/california-electricity-prices-no-7-in-u-s/


https://www.reuters.com/article/us-usa-naturalgas-sanjose/san-jose-moves-to-ban-natural-gas-in-new-residential-buildings-idUSKBN1W302J



 


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#realestate,#investing,#realestateinvesting,#entrepreneur,#recovery,
#Realty,#Realtor,#Realestateagent,#Homeforsale,#singlefamilyresidential,#naturalgas,#california,#regulations