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Sun, 2012-06-03 19:01 — mdmcdonald
This working group is focused on discussions about economic issues.

The mission of this working group is to focus on discussions about economic issues.

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Kathy Gilbeaux mdmcdonald
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economics-ca@m.resiliencesystem.org

Solar is Having a Great Year, Except on Wall Street

Fri, 2015-08-14 13:48 — Kathy Gilbeaux

      

Solar panels are seen in the Palm Springs area, California April 13, 2015. Picture taken April 13, 2015.
Reuters/Lucy Nicholson

reuters.com - by Nichola Groom - August 14, 2015

By almost any measure, the U.S. solar market is on fire.

Installations of solar panels are expected to soar by a third this year, the price of solar power is now cheap enough to compete neck and neck with gas and coal-fired power in places like California, and the fledgling industry received a vote of confidence last week when U.S. President Barack Obama announced a groundbreaking plan to curb power plant emissions. Even China's currency devaluation could cut panel costs for U.S. solar installers.

Wall Street, however, has been dumping solar shares this year, largely on concern, which investors say is misplaced, that tumbling oil prices will sap demand for alternative energy, even though oil isn't used to generate power.

(READ COMPLETE ARTICLE)

Country / Region Tags: 
United States
General Topic Tags: 
Economics
Energy
Renewables
Problem, Solution, SitRep, or ?: 
Situation Report

California’s Cap-and-Trade a Versatile Tool for Environmental Policies

Mon, 2014-06-23 17:11 — Kathy Gilbeaux

environmentalleader.com - by Erica Morehouse - June 23, 2014

Governor Brown signed a budget last week that lays out for the first time how to invest the millions from California’s landmark cap-and-trade program ($734 million so far). California has shown another way that cap-and-trade is like the Swiss army knife of environmental policies: a versatile tool known for its usefulness and adaptability.

A Multi-faceted Investment Portfolio

California will invest $850 million over the next year to reduce dangerous climate pollution, a portfolio of investments that will benefit almost every part of California’s economy, going to low-carbon and public transportation, weatherization and energy efficient buildings, water efficiency, waste diversion, and natural resources like urban forests.

(READ COMPLETE ARTICLE)

Country / Region Tags: 
United States
US - West
General Topic Tags: 
Climate
Economics
Energy
Environment
Problem, Solution, SitRep, or ?: 
Situation Report

Report: Threats to Water System Must be Fixed to Help State's Economy

Sun, 2012-06-03 19:08 — Kathy Gilbeaux

submitted by Samuel Bendett

      

A crew works on levee in the Natomas Basin in this file photo. According to a new report, the state’s biggest water-related concerns include the risk of catastrophic flood or disruptions in the water supply due to levee failures, declining ground water basins and continued uncertainty about the reliability of water supplies.
Todd Quam|Digital Sky Aerial Imaging

Sacramento Business Journal - by Melanie Turner - May 31, 2012

Threats to California's water system must be addressed now in order for the state's economy to grow and prosper, according to a report by the Public Policy Institute of California released late Wednesday.

The continued expansion of water management tools, such as the reuse of highly treated wastewater, underground storage and water "banking," will allow California to manage future water shortages, the report concludes.

The report represents a consensus view of a wide-ranging group of experts on the role of water in the state's economy.

Country / Region Tags: 
US - West
General Topic Tags: 
Economics
Water
Problem, Solution, SitRep, or ?: 
Situation Report

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