California energy regulators say the state could benefit from sharing more electricity with its neighbors during heat waves such as this week’s, but a proposal to do so has stalled after the election of President Trump. . . . “We will reduce costs for everybody. We will reduce pollution. We will improve system reliability, and these are all reasons to do this,” says Cavanagh. Last August, Gov. Jerry Brown wrote to leadership in the Legislature that he would look to pass a proposal earlier this year. “I have directed my staff, the Energy Commission, the Public Utilities Commission and the California Air Resources Board to continue working with the Legislature,” Brown wrote. “The goal is to develop a strong proposal that the Legislature can consider in January.” That still hasn’t happened, although the governor has maintained he still supports regionalization.
A new economic forecast from the Center for Business and Policy Research at the University of the Pacific shows the economy continues to grow despite an uncertain policy environment. But California should expect slower growth compared to recent years. Non-farm payroll jobs are expected to increase 1.5 percent over the next year, half the pace of the previous four years.