California’s experiment with a market-based solution to reduce carbon emissions took a step toward becoming a reality Aug. 22, when the latest round of bidding for cap-and-trade permits went off without a hitch. In fact, the permit auction drew close to $1 billion, creating perhaps as much as $640 million in revenue for the state. Read More →
More than a decade ago in San Francisco, Michael Rosenfeld found a strategic solution to the problem of value investing in California’s pricey real estate markets — he made a bold bet on restoring classic hotel properties that paid off. On Santa Barbara’s waterfront, he has adapted that strategy with a mix of new construction Read More →
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It’s time for communities across the tri-county region to cast off their legacy of squabbling over sales tax revenue and work together on a robust model for economic vitality. That was our takeaway after traveling to Colorado’s Front Range cities of Boulder and Denver with business and community leaders from the San Luis Obispo Chamber Read More →
The fading of the stock market’s “Trump bump” has been accompanied by a steady drop in the value of the U.S. dollar. And it is the greenback’s decline that has UC Santa Barbara professor Benjamin “Jerry” Cohen worried. He’s concerned about the future of the dollar as the world’s “ultimate safe haven.” Cohen, a political Read More →
Now that Interior Secretary Ryan Zinke has begun removing some of the 21 land-based national monuments from consideration for energy or other commercial development, he should add the Carrizo Plains National Monument to his list of protected sites. In recent days, Zinke has indicated that the Upper Missouri River Breaks in Montana, Moon National Monument Read More →