Experts have estimated that electricity from giant solar projects will cost at least twice as much as electricity from conventional sources. But neither the utilities that have contracted to buy the power nor state regulators have disclosed what the price will be, only that it will be passed on to electricity customers.
With more than 47,000 workers currently employed in the solar industry, California has a strong lead over the No. 2 state, Arizona, which has 8,500 jobs tied to the industry.
Energy experts predict a 50-cent rise in prices over the next few weeks as supplies tighten — an annual event as refineries scale back production for maintenance, California converts to the more expensive summer blend of gasoline, more drivers hit the road and oil-exporting countries boost crude prices to around $100 a barrel.
Companies in Texas making semiconductors, telecommunications devices, computers, and other items shipped more than $45 billion in products to other countries in 2012, according to a report by the TechAmerica Foundation, a lobbying and advocacy firm representing the technology industries. That’s a $3 billion rise from 2011.
As the U.S. economy gains strength and states are in their best financial position in years, governors are proposing unconventional tactics to create jobs, especially in health care and high-tech.
California entered the new calendar year with generally good financial news. Total revenues topped estimates for January even though projections were recently revised upward as part of the Governor’s 2014-15 Budget submitted early this year. Overall spending was less than expected.
The changes needed to slash emissions enough to reach the mid-century target will be so great that the state should set an interim goal for about 2030, the California Air Resources Board said in a report released Monday.
Sedgwick LLP will open a back-office operation in Kansas City in June as a cost-saving move, continuing a trend where law firms are moving nonlegal jobs to lower cost regions.
The Governor announced today that California has grown 1 million jobs since 2010. This is a significant and long awaited accomplishment for those who have suffered economically over the past 6 years.
SACRAMENTO – Committing to “pay down our debts and remember the lessons of history,” Governor Edmund G. Brown Jr. today delivered his annual State of the State address, highlighting California’s comeback while vowing to establish a solid rainy day fund to help maintain the state’s fiscal stability.
Gov. Jerry Brown took a swipe at California’s critics during his State of the State address to the state Legislature on Wednesday, praising a “California comeback” he said delivered a million new jobs, a budget surplus and higher minimum wage.
Gov. Jerry Brown said today that California is continuing its “comeback,” with a budget surplus and am improving economy, but he urged the Legislature to restrain spending.
When Gov. Jerry Brown unveiled his proposed 2014-15 budget this month – one based on estimates of sharply increased state revenues – a reporter asked him whether, in retrospect, California needed the tax increase he had persuaded voters to approve in 2012.
Brown’s response, in essence, was that the tax boost’s money is needed to pay off the debts that the state had incurred, not only for past budget deficits, but for long-term future obligations that total about $350 billion.
On Friday, amid California’s driest year on record, Gov. Jerry Brown declared a drought emergency in the state. As days pass without snow or rain, dairymen, farmers and other livestock producers are finding themselves in the same predicament as Imhof. Without water to irrigate, produce growers fear they will have to leave some fields fallow.
San Joaquin Valley farmers are idling thousands of acres, bulldozing hundreds of trees and shifting production of some crops out of the area as the state enters its third straight year of dry weather.