State regulators want Pacific Gas & Electric Co. to replace three natural gas plants with energy storage, a move that represents another significant step toward a clean energy future. The California Public Utilities Commission will vote Jan. 11 on the proposal that would require PG&E to seek clean alternatives to replace the three fossil-fuel plants.
California’s economic engine has slowed somewhat in 2017 and that’s expected to continue in coming years as employers have trouble finding workers in the expensive state, according to a new report.
The latest UCLA Anderson Forecast, released Wednesday, calls for job growth of 1.8% by year’s end, 1.6% in 2018 and 1.2% in 2019. That’s not necessarily a bad thing, economist and forecast director Jerry Nickelsburg said.
Like other transplants I spoke to in Nevada, Herndandez didn't want to leave California. It's home. It's where she went to school and where her parents still live in the house she grew up in. But unless you choose a career that will pay you a small fortune to manage costs driven higher by a stubborn shortage of new housing, California is not a dream, it's a mirage.
Moving to get a better job or move up the workplace chain is nothing new. But what's going on here seems different — people leaving not for better jobs or pay, but because housing elsewhere is so much cheaper they can live the middle-class life that eludes them in California.
California’s cap-and-trade program received another boost Tuesday, with its most recent permit auction reaching record-high sales, according to details released by regulators Tuesday.
In November’s auction, every permit offered by the state was sold, and prices reached their highest-level in the program’s five-year history.
California posted strong job gains in October, as the Golden State’s economic engine pushed the unemployment rate down to 4.9% from 5.1% a month earlier.
In all, the state added 31,700 net new jobs last month, according to data released Friday by the Employment Development Department.
The report marked the first time since March that employers added jobs in consecutive months, boosting confidence in an economy that has slowed somewhat from last year.