Coastal Commission sea-level rules could erode property rights
The seas are rising, threatening billions of dollars of California’s coastal real estate. But the question of whether property owners can armor against the waves or must fall back as their holdings wash away is at the heart of an obscure policy document making its way through the California Coastal Commission. The rules would require Read More →
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.
In Star Wars creator’s building struggle, a new hope for housing
Chris Thornberg and George Lucas are not usually found in the same room — let alone the same sentence.
Updated: Gallegly talks about new CLU public policy center
Retired Congressman Elton Gallegly, R-Simi Valley, will lead a $3 million fundraising campaign for the newly established Gallegly Center for Public Service and Civic Engagement at California Lutheran University. During a telephone chat with the Business Times, Gallegly said he hopes to forge close ties between the Thousand Oaks public policy center and the nearby Read More →