The majority of the yearly $4 billion spent each year will be used on upgrading transmission systems. Roughly $240 million a year, or about 6%, will go toward new power generation, he said.
The regulation, known as the Statewide Truck and Bus Rule, carried an estimated price tag of $10 billion. If you were wondering why everything moved by truck in California is more expensive, it’s because you’re paying that bill. A little of the cost is passed along in the price of everything from furniture to strawberries.
Not seasonally adjusted, the homeownership rate ticked up slightly to 63.7% from 63.4% in the last quarter–still near its lowest point in 30 years.
Winter-blend gasoline, the historically less-costly sibling of the summer blend, officially arrives Nov. 1 – and drivers in the Inland Empire and Orange County can look forward to paying a little less at the gas pump.
Now that a World Health Organization agency has classified them as carcinogenic, bacon, ham and other processed meats could require warning labels in California.
Utilities say that generous net metering rules were necessary to launch the solar industry, but now costs must be realigned. If they’re not, there could be a feedback loop where grid costs are shifted to non-net-metering customers, causing electric rates to rise.
The 2006 standards helped to create a sharp drop in the number of air conditioning shipments. The agency anticipated a slight drop of 130,000 shipments. Instead, shipments declined by more than 1.55 million, according to agency and industry estimates. Thus, the energy required for residential cooling use likely didn’t decline as expected between 2007 and 2010; it increased.
India is opening a mine a month as it races to double coal output by 2020, putting the world’s third-largest polluter at the forefront of a pan-Asian dash to burn more of the dirty fossil fuel that environmentalists fear will upend international efforts to contain global warming.
California is a high-tax state – relative not only to what’s happening elsewhere but to our own economy. But how high is not easy to figure out because we not only pay a lot of taxes that are obvious, such as those on income, retail sales and automotive fuel, but many that are virtually hidden.
When California’s electric power system went into a virtual meltdown 15 years ago, one might think it would have cured politicians’ urges to fiddle with its operations.
“Squeezing additional emissions cuts from factories, power plants and vehicles will be difficult because of population growth, development and increases in driving miles, air quality officials say. But state officials plan to fight smog with some of the same regulations they are relying on to address climate change, including cleaner fuel requirements, renewable electricity mandates and emissions standards to require cleaner trucks and more electric vehicles.”
“Home prices in Los Angeles and Orange counties posted strong gains in July, rising 6.1% from a year earlier, according to a closely tracked gauge released Tuesday.”
The administration on Thursday staged a show of force. While the Democratic governor appeared in New York to promote climate change policies at a meeting of the United Nations, the California Air Resources Board convened in Sacramento to consider renewing the state’s low carbon fuel standard, a central part of California’s greenhouse gas reduction program.
Just when Southern California motorists were expecting to see some relief from high gasoline prices in the next few weeks, they now may have to wait well into next winter — at least..
Thanks to a global economic slowdown, the price of oil has plunged 60%—to $40 a barrel from $96 in August 2014. Yet the price of gasoline across the U.S. has fallen by only 25% over the same period. What gives? Multiple and overlapping regulatory barriers prevent refiners from moving to alternative sources of crude and from entering markets to fill supply shortages. The result: a regulatory price premium in every gallon of gas.