Berkeley Bans Natural Gas

Berkeley has officially become the first city in the United States to ban natural gas.. What does this mean for the future? Should those in the natural gas industry be concerned more than ever? Or is this just a case of Berkeley being Berkeley..

22 Comments
 
"AMIsLife" Cali is a fucked up state, and always will be until they get some people in the state government who actually know what they are doing. I don't think this is something to be concerned about in the long term, Cali is an extreme case. Like you said, its just Berkeley being Berkeley.

Nah bro, we're the only ones who've got our act together.

Y'all just be jealous of our amazing economy, forward thinking ability (natural gas is an inefficient fossil fuel), cosmopolitan society, and ability to re-invent and innovate.

But I get it - haters gonna hate.

 

I wouldn't call a state is in debt up to its ears, and oh, also is up to its ears in human filth, wants to secede, and has virtually no economy whatsoever "amazing."

Array
 
Most Helpful

https://www.theguardian.com/environment/2019/jul/23/berkeley-natural-ga…</a">Berkeley ban article

Thought y'all might enjoy reading an article on why Berkeley put the ban in place. It's actually not as crazy as you might think.

1) the ban is on new installations and has certain carve-outs

2) ban is part of Berkeley's plan to get energy from zero-carbon sources by 2045. It's important that when designing the energy grid and stack of the future that cleaner energy sources are selected up-front. That's just how intelligent planning works.

3) while Berkeley may be early in the trend, many other California cities are pondering exactly the same move - and such bans have already been implemented in other global locations

4) LNG also poses safety risks - esp in a state that has a lot of earthquakes. Simply put, there are safer, cleaner alternatives available, and a ban helps steer the energy selection

Some fun quotes:

  • A state energy commission report released in early 2019 concluded that building electrification was “a key strategy” for reducing the state’s climate impacts, one that “offers the most promising path to achieving [greenhouse gas] reduction targets in the least costly manner”.

  • "Governments across the US and Europe are looking at strategies to phase out gas. In California alone, dozens of cities and counties are considering eliminating fossil fuel hook-ups to power stoves and heat homes in new buildings"

  • A state energy commission report released in early 2019 concluded that building electrification was “a key strategy” for reducing the state’s climate impacts, one that “offers the most promising path to achieving [greenhouse gas] reduction targets in the least costly manner”.

  • “There’s been a lingering perception that burning gas was cleaner than electricity, which might have been true 20 years ago when electricity came from burning coal,” said Pierre Delforge, a senior scientist with the Natural Resources Defense Council . “When we look at electrification policies, we need to think about what the grid will look like in 10 or 20 years, not what it looked like yesterday.”

 

Quia mollitia mollitia dolores labore est accusamus reiciendis. Est doloribus a culpa saepe. Et est vitae eligendi illo quis. Temporibus dolorem sed minima aut.

Corrupti aut dolores vitae. Repellat velit cumque adipisci vel deleniti qui harum. Dolorem omnis inventore tempore fuga enim et.

Dignissimos quia ut nobis quasi adipisci quia aperiam. Assumenda qui ea nemo iure eos et aut. Sit repudiandae nisi harum eum excepturi at consectetur. Commodi harum dolorum magni eaque placeat officia officia quibusdam. Reiciendis quam ratione in velit velit.

Beatae est aut temporibus asperiores est sit quae. Aut nulla debitis incidunt et ipsam. Non inventore iusto ut ut.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (24) $180
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (82) $151
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”