09/24/2021

News

All Charged Up, No Place to Go

Where in the country you drive an electric vehicle matters a lot for the environment, a point made repeatedly — both by economists (here and here) and by engineers (here and here). You know what else matters a lot? How much you drive. This gets very little attention, but has major implications for the environmental […]

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The Causes of California’s Housing Crisis

The homeownership rate in California equaled the national rate from 1950 well into the 1960s. Yet, by 2005, California’s homeownership rate was 13.3 percent below the national average and the 49th lowest in the nation. In the second quarter of 2018, the homeownership rate in California was 54.3 percent, the third lowest in the nation, […]

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Seattle’s Fake Free Lunch

A new study of Seattle’s minimum wage is being presented in some corners as a progressive vindication. But the details are pretty much what any Econ 101 student would predict: bad news for young, unskilled workers trying to gain a foothold in the economy. In 2015-16, Seattle phased in a wage floor of $13 an […]

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The electric car market didn’t have to turn out to be such a corrupt, subsidized fiasco.

But there is a villain in this story — and his name is Uncle. He committed two heinous crimes, for which he deserves to be frog-marched to the dock, tried, convicted and (cue Judge Alvin Valkenheiser from Nothing But Trouble) sent for a ride on Mr. Bone Stripper. The first of his offenses is the […]

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Green Floyd: Roger Waters and the Great Green Chevron Scam

The slow unraveling of the case against Chevron has been eye-opening, not least for the glimpse it offers into the way money moves through the progressive activist world.

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Another conflict brewing over work disability costs

Oregon’s workers compensation system is the go-to oracle on how costs vary from state to state. Its latest national survey, released this month, found that California, which long had the nation’s highest costs as a percentage of payroll, had dropped to No. 2 behind New York. California’s current rate in the survey, 2.87 percent, is […]

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Sacramento waives fees on affordable housing projects; how much will it cost?

Sacramento City Council voted Tuesday to stop charging most city-imposed fees to developers who build new affordable housing. Starting Dec. 30, developers and nonprofits that build new affordable apartment units and single-family homes will no longer need to pay city fees that go toward services like infrastructure, parks, water and sewer, a city staff report […]

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LA City Council Proposes Yet Another Fee That Will Make Housing More Expensive

On October 23, the Los Angeles City Council will consider approving a 1,000% increase in their Street Damage Restoration Fee (SDRF) ordinance. This is a fee that companies or utilities pay when they must cut in to a street in order to fix or build new infrastructure like internet cables, gas lines, or water pipes. […]

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When electric isn’t good enough

“There is a persistent belief, among both state officials and the public, that clean cars and clean fuels alone can achieve California’s climate goals, but this is fundamentally untrue,” he says. “Even if we have 100 percent zero-emission vehicles and 75 percent renewable energy production by 2050—both ambitious goals—we still need a 15 percent reduction […]

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Sweet contracts, tricky rules help California unions hold on after court loss

Most public sector union contracts have clauses that prevent workers from quitting until the month before the labor agreement ends. Some unions earlier this year released new agreements that compel members to commit to membership for at least one year. Both of those membership clauses are intended to buffer unions from extreme swings in membership […]

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L.A. will eliminate ‘veto’ provision for homeless and affordable housing to keep state funding

To hang on to state funding, Los Angeles will eliminate a disputed requirement that gave city politicians the power to block funding for homeless housing in their districts. The decision ends a longstanding practice that has drawn criticism from nonprofit groups that assist poor and homeless people: Under city regulations, L.A. has required developers seeking […]

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Commentary: How to Fix the Great American Growth Machine

The rise of the U.S. to economic greatness is an extraordinary story. But it is a story with a sting in the tail. Productivity growth in the U.S. has all but stalled in recent years. The number of new companies being created has reached a modern low. Geographical mobility has been in decline for three […]

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Dan Walters: Four measures would do little about housing crisis

Few would doubt that California’s single most important economic/political issue is a growing housing shortage which distresses millions of Californians and is the largest single factor in the state’s highest-in-the-nation poverty rate. The state says we need to be building 180,000 new housing units each year to keep up with population growth, replace housing that’s […]

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Tax Credit for $35,000 Tesla Model 3 Slips Away

Consumers who wanted to apply a full federal tax credit to buying a $35,000 Tesla Model 3 sedan appear to be out of luck. The electric-car maker said on its website that orders placed by Monday will be delivered by the end of 2018 and therefore are eligible for the full $7,500 federal tax credit. […]

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How Carbon Trading Became a Way of Life for California’s Yurok Tribe

The Yurok’s carbon-offset project, among the first of its kind in the United States, has become the tribe’s main source of discretionary income. It has helped the tribe buy back, to date, nearly sixty thousand acres—up from five thousand. “This has been a way for us to revive the economy in a way that aligned […]

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