March 12, 2013
California's Monterey shale, which holds an estimated 15 billion barrels of oil, has been touted as crucial to the state's energy future and a boon to its economy. A study released Thursday tries to quantify the potential economic benefits.
Feb. 13, 2013
After California voters approved a multibillion-dollar increase to sales and income taxes in November to help fund education, Democratic legislative leaders promised restraint, saying they would not be seeking additional tax increases any time soon.
Feb. 9, 2013
A vast, untapped oil reserve in California is emerging as perhaps one of the state’s best opportunities to improve its still struggling economy, but exploration and production efforts face resistance from the powerful environmental lobby and Gov. Jerry Brown’s administration, which appears not fully sold on the potential.
Jan. 18, 2013
California’s labor market slowed last month as employers shed 17,500 jobs in December and the unemployment rate remained unchanged.
Aug. 2, 2012
If you use solar power to charge your iPod, it requires an array of panels, it takes a long time, and you will need to do it again in a day. That's not a knock on solar energy, the efficiency of solar power panels are pretty good, about 8 percent; by comparison even plants using photosynthesis are only 5 percent efficient and it's hard to argue with plants and photosynthesis. But efficiency alone is not painting an accurate picture. The energy density of gasoline is much, much greater. For perspective, Ken Cohen of ExxonMobil (I kid you not, they have a blog - it's pretty interesting too) notes that a gallon of gas has enough energy to charge an iPhone every day for almost 20 years.