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As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Current price of oil as of July 1, 2026
EnvironmentCalifornia

For the first time in 3 years, California is drought-free

By
Chris Morris
Chris Morris
Former Contributing Writer
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By
Chris Morris
Chris Morris
Former Contributing Writer
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November 9, 2023, 11:48 AM ET
California is coming out of a long drought period.
California is coming out of a long drought period. George Rose/Getty Images
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Wildfires are still a concern, but for the first time in three years, no part of California is in a drought.

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The California Drought Monitor, which looks at conditions statewide, provided the update earlier this week. Just one year ago, 17% of the state was in an “exceptional drought” (the worst category) and virtually all of California was in some degree of drought.

About 6% of the state, largely in the upper part of California and an area of the Southeast are still listed as “abnormally dry” but that’s a category below drought designation.

The good news for farmers and residents in wildfire-prone ares comes as the Farmer’s Almanac is predicting a cooler, wetter than normal winter for California, with above-normal snow levels, which will help future drought threats.

The lack of a drought doesn’t mean the state is out from under the threat of wildfires, however. Explosive plant growth from the winter moisture is starting to dry out, making the wildflowers and grass potential kindling. (The state has even brought in goats to help clear out some of the bush.)

Wet winters have brought about historic fires in the past, including the Camp Fire that tore through the state’s wine region. The winter of 2016-2017 brought much of the state 30% to 50% more snow and rain than average. Blazes across the state burned 1.5 million acres in 2017, more than double the year before.

The National Interagency Fire Center notes, however, that at present there is little to low risk of fires at present across the state.

Just last week, however, thousands of people were evacuated as a four-square mile wildfire hit the southern part of the state.

Subscribe to Fortune Gulf Brief. Every Tuesday, this new newsletter delivers clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here.
About the Author
By Chris MorrisFormer Contributing Writer

Chris Morris is a former contributing writer at Fortune, covering everything from general business news to the video game and theme park industries.

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