Newsroom

Chevron to build California carbon capture plant with Microsoft, Schlumberger

[Source: Reuters] Chevron Corp is partnering with Microsoft Corp, oilfield services firm Schlumberger NV and privately held Clean Energy Systems to build a carbon capture plant in California, as the U.S. oil major expands investments in renewable technology. Fossil fuel companies have faced increased pressure in recent years to reduce emissions, spend more on low-carbon Read More…

Senator Patricia Bates reintroduces measure to strengthen Prop. 13 and end abuses

[Source: Orange County Breeze] Senator Patricia Bates (R-Laguna Niguel) announced today that she has reintroduced legislation to correct an outdated interpretation of property “change of ownership” that has been part of the long running debate around commercial property and Proposition 13 (the 1978 initiative that limited property tax increases). “Proposition 13 ensures that property taxes Read More…

New Aera CEO: Calls to ban in-state oil production ‘a dangerous idea’ for California

[Source: Bakersfield.com] The new head of Bakersfield-based oil producer Aera Energy LLC on Thursday condemned growing calls to end California petroleum production, charging in an exclusive interview that the industry’s opponents are ignoring science and confusing people into supporting a “dangerous idea” that would cost jobs, tax revenue and energy independence without making needed progress Read More…

Prop 65 reform sorely needed in California

[Source: The Business Journal] The first line in a recent alert from the California Chamber of Commerce is tongue-in-cheek, but clearly represents how things are in the Golden State when it comes to business regulation. “WARNING: Everything in California May Cause Cancer.” The CalChamber alert is about a proposed change to Prop. 65 Warning Rules, Read More…