Venoco drops Ellwood drilling plans
Venoco has dropped its plans to expand oil drilling from its Platform Holly off the coast of Santa Barbara County. In a brief letter sent to the California State Lands Commission on Nov. 9 and widely circulated by environmental groups on Nov. 16, Venoco said it “hereby withdraws its application for its Ellwood Full Field Read More →
California’s chips are all in on green
One thing is clear from this year’s election results: California will bet a big chunk of its economic future on alternative energy. The resounding defeat of Proposition 23, which would have rolled back the Golden State’s cap-and-trade regime, came at the hands of a big coalition of venture capitalists, environmentalists and traditional business leaders bent Read More →
Bright, but not as big: Solar projects could be downsized to protect wildlife
The two massive solar projects winding toward approval on San Luis Obispo County’s Carrizo Plain could end up generating 30 percent less energy than the 800 megawatts their corporate backers would prefer. That is according to draft environmental impact reports circulating for the California Valley Solar Ranch, backed by San Jose-based SunPower Corp., and the Read More →
Oil company association tarred Prop. 23
Perhaps no ballot proposition divided California’s business community more than Proposition 23, the effort to kill California’s 2006 carbon emissions law. The initiative failed by a 61-39 margin. Had it passed, it would have suspended AB 32 until California’s unemployment rate stayed below 5.5 percent for a year, which has happened only a handful of Read More →