The Business for Innovative Climate & Energy Policy (BICEP) members, with internationally recognizable brands like Levi Strauss & Co., Gap and eBay, urged California voters to vote no on California ballot initiative, Proposition 23. In a statement, BICEP said Proposition 23 would “cripple” AB 32 or the Global Warming Solutions Act which set targets for … Continued
Category: Policy & Government
Passing Proposition 23 is a necessary step to getting California back on the track to prosperity and, more specifically, significantly improving the bleak job and fiscal situation currently plaguing the state. California’s unemployment rate now stands at 12.4 percent – that exceeds the national unemployment rate by more than 25 percent. In addition, here in California, we are 97 days into the state’s fiscal year. And the health of the state’s treasury is hurting, badly. With a budget deficit of over $19 billion, California needs pro-growth policies that strengthen balance sheets, create jobs and attract new businesses to the state.
It is not easy being Arnold Schwarzenegger these days. His administration is winding down with his approval ratings in the teens. Democrats barely tolerate him, and fair or not, Californians’ tie him to the state’s problems. But the Governator is hardly leaving office meekly. He recently toured California, touting the fourth anniversary of AB 32’s … Continued
A great deal of impact investing takes place through traditional financing models including private equity, venture capital, and debt financing. However, there is also a movement to develop new impact investment vehicles that capitalize on both for-profit and government funding for solving social problems. Social Finance UK has pioneered one of these new vehicles: the … Continued
Across California, companies have been investing and preparing for the cleantech boom created by AB 32, but Prop 23 would stall this growth indefinitely. Bob Epstein, California entrepreneur and board of trustees member of Natural Resources Defense Council recently spoke of the 500,000 green jobs and billions of dollars in investment that are at jeopardy.
Chevron’s latest North Sea oil exploration project has drawn Greenpeace’s ire. Chevron believes it can find oil at a depth of almost a mile deep. Greenpeace believes the North Sea’s ecosystem is too fragile and not worth the risk. Chevron as not yet announced the Lagavulin Project start date, but expect Greenpeace to keep up the fight; the NGO said it is exploring legal action.
California’s Proposition 23 is financed by out-of-state companies, including two Texas oil companies (Valero Energy Corp. and Tesoro Corp.). A post last week by the Huffington Post says California voters “would be justified defeating Proposition 23 just to send a message to outside agitators to mind their own damn business.” The post also points out … Continued
By William A. Sundstrom With the state’s unemployment rate stuck at around 12 percent, many Californians are suffering and desperate for a paycheck. Exploiting their pain, two Texas oil companies, a pair of out-of-state billionaires, and other backers of Proposition 23 hope to convince voters to effectively repeal California’s landmark clean energy law in the … Continued
I recently had the opportunity to play tourist in Vermont. I was mesmerized by the beauty of the state, its history and the obvious commitment of its people to the greater green. Forests greeted our eyes at every turn and localism was the order of the day. Main streets full of shops filled in for … Continued
Triple Pundit recently teamed up with SoCap10 to explore the opportunity and challenge of impact investing. In partnership with Myoo Create, we put a call out to bloggers asking: What’s Next? How will social enterprise unlock the $120 billion market opportunity for impact investment? Leading up to SoCap10 October 4th-6th, we’re featuring the best answers … Continued
By Chris Busch Proposition 23 is the California ballot initiative that would suspend implementation of the state’s landmark clean energy and climate law, Assembly Bill 32 (AB 32). One of the many reasons to vote against Proposition 23 is that it would increase the vulnerability of the California economy to crude oil and gasoline price … Continued
It is fitting that the Golden State produces the most solar energy in the U.S. Solar power is expected to grow even more in California. The California Energy Commission (CEC) recently approved four major solar power projects, and is expected to approve two more projects this week. The solar power projects approved and pending approval … Continued
Gold is becoming more and more popular in the mainstream. Only a few years ago, talk of gold was restricted to the fringe of society. With the dollar declining in value, gold reaching all time highs, whispers of bringing back the gold standard are getting louder. Whether you agree or disagree with gold as money, … Continued
California Governor Arnold Schwarzenegger spoke out against Proposition 23 on Monday. Proposition 23 would overturn California’s landmark climate change law, AB 32 or the Global Warming Solutions Act. AB 32 can be called Schwarzenegger’s environmental legacy, and signing it into law is possibly one of the best things he did as the governor of the … Continued
By Orson Aguilar They’re at it again: Once more, special interests are trying to hijack California’s state ballot to enrich themselves at the expense of our communities. The Latino, African-American and Asian communities that make up California’s new majority are most at risk, and we’re not taking this lying down. San Antonio-based Valero Energy and … Continued