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Strapped California, facing an unprecedented budget crisis as it battles COVID-19, is setting aside hundreds of millions of dollars to confront wildfires. Already, more than 1,300 fires — mostly small — have been reported as the hottest, driest months of the year approach.
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With no compromise in sight, at appears the debate over business interruption insurance coverage will be solved by litigation, not legislation. At issue are thousands of businesses around California with insurance policies to protect them against a sudden catastrophic event that forces them to close down for an extended period of time.
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Not everything’s been “doom and gloom” on social media during the coronavirus pandemic as trending posts have shown “Los Angeles without smog,” clear skies in India’s often-polluted airspace and dolphins swimming through the canals of Venice. But what can we actually learn about climate change during this virtually global, economic shutdown?
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And children’s hospitals that have offered to take sick kids off the hands of adult hospitals, or extend the age of people they admit, have not seen an influx of patients to fill the beds they emptied. As a result, numerous pediatric facilities, like many of the adult ones, face sharply declining revenues and extra expenses.
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The rise of unemployment, dwindling tax revenues, emergency spending to fight COVID-19 and renewed fears of wildfires this year are throwing deep strains on the state budget for the new fiscal year that begins just weeks from now.
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Several universities have committed to having an in-person graduation at a later date but in the meantime, they are doing the best they can by staging virtual celebrations. University of California at Davis School of Veterinary Medicine, as one example, is having a watch party on Facebook Live May 22 for the nearly 150 students who are graduating.
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OPINION: Polluters never miss an opportunity to exploit a crisis for financial gain — and the coronavirus crisis is no exception. As millions of Americans hunker down in their homes, sacrificing their incomes to save lives, truck manufacturers are endangering people in my community by lobbying for delays to the nation’s first electric truck standard, which would slash toxic air pollution from trucks.
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Ultimately, the May Revision will include different revenue estimates and expenditure proposals than we used to arrive at our assessment of the budget problem. In fact, the administration very recently released an estimate of the budget problem—about $54 billion—that is significantly higher than either of our estimates.
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The folks who are trying to save the $3 billion California stem cell agency from financial extinction are using a well-worn technique that goes back to ancient Egypt, at least by some accounts. It is expensive, depending on what you are peddling, and generates a return as low as 1 percent. It is direct mail, but with a significant twist.
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This sounds too good to be true, was one of Brenda Ortiz’s first thoughts when a salesman showed up at her front door in Riverside County in October 2018. He was with Vivint Solar, Ortiz recalled him saying, and was working with her local utility, Southern California Edison, to find people who qualified for free solar panels.