Posts Tagged: investment

Gov. Brown pushed through legislation that cuts and caps public pensions for new employees, making a fix-it-to-save-it argument while bypassing the bargaining usually demanded by his labor allies for benefit changes.

Voters needed assurance the governor’s tax hike on the November ballot would not be eaten up by pension costs, and inaction might fuel

Recently California’s clean energy and pollution law, AB 32, observed its first auction of pollution permits. Much has been said about the impact of this auction on California’s economy, with competing interests making differing claims.

As economists and academics, we believe the auction and AB 32’s carbon market will help California meet its environmental