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Emissions cap prompts oil firm backlash

By   /  Friday, November 22nd, 2013  /  Central Coast, Real Estate, Top Stories, Tri-County Economy  /  Comments Off on Emissions cap prompts oil firm backlash

Santa Barbara County’s decision to impose a strict cap on carbon emissions from a proposed oil project puts the county at a competitive disadvantage in California and likely will cut into the money energy firms pump into the regional economy.

The Board of Supervisors voted 3-2 on Nov. 12 to require Santa Maria Energy to cap its carbon emissions at 10,000 tons per year. Santa Maria Energy had proposed 136 wells for a site near Orcutt.

Santa Barbara County’s oil is thick and viscous. In order to extract it, companies inject steam into wells to soften the oil. Burning natural gas to create the steam is what generates the bulk of carbon emissions.

Latest

With funds and new CEO, Neighborhood Clinics turn the corner

By   /  Thursday, November 21st, 2013  /  Health Care & Life Science, Nonprofits, South Coast, Top Stories, Tri-County Economy  /  Comments Off on With funds and new CEO, Neighborhood Clinics turn the corner

The struggling Santa Barbara Neighborhood Clinics nonprofit is narrowing its funding gap and has a strategic plan and new permanent CEO in place, putting it on track to become financially sustainable at a time when it looks to expand service to Goleta.

“Six months ago, we were in danger of closing our doors,” said Mark Palmer, president of the board.

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Study: Skilled workers priced out of San Luis Obispo

By   /  Friday, November 15th, 2013  /  Central Coast, Real Estate, Top Stories, Tri-County Economy  /  Comments Off on Study: Skilled workers priced out of San Luis Obispo

The findings highlight a pervasive mismatch between the high price of even starter homes and the number of jobs that pay wages high enough to support those prices. Experts say the gap is a significant roadblock to the state’s economic growth.

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Shale Oak Winery turns heads with design and green focus

By   /  Friday, November 15th, 2013  /  Central Coast, Columns, Tourism, Wine & Viticulture  /  Comments Off on Shale Oak Winery turns heads with design and green focus

Shale Oak Winery’s tasting room in Paso Robles is one of the more eye-catching in the area with its colorful, angular facade of stained glass in a geometric pattern.

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Ventura County leaders call for immigration reform

By   /  Friday, November 15th, 2013  /  Agribusiness, East Ventura County, Tri-County Economy, West Ventura County  /  Comments Off on Ventura County leaders call for immigration reform

Business and agriculture leaders speaking at a Nov. 8 economic forecast hosted by the California Lutheran University Center for Economic Research and Forecasting put forth a vocal call for immigration reform amid a deepening farm-labor shortage.

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ValueClick reboots: Online advertising firm to sell assets, rename

By   /  Friday, November 15th, 2013  /  East Ventura County, Features, Technology, Top Stories, Tri-County Economy  /  Comments Off on ValueClick reboots: Online advertising firm to sell assets, rename

The $1.6 billion Westlake Village-based digital advertising company has been under fire from investors — and trial attorneys — for its reliance acquisitions to produce revenue growth. It has also faced criticism of the steep losses it has taken on selling off business lines that didn’t work out.

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Paso Robles named Wine Region of the Year

By   /  Tuesday, November 12th, 2013  /  Central Coast, Latest news, Tourism, Wine & Viticulture  /  Comments Off on Paso Robles named Wine Region of the Year

Paso Robles wine country has been named Wine Region of the Year by Wine Enthusiast magazine, beating out long-established players.