An owner of a laundry in her shop. (Photo: Sirtravelsalot, via Shutterstock)
OPINION: We are in an extraordinary time — one that has exposed significant structural inequities throughout society. But times of crisis provide opportunities for reimagining “norms” and initiating large-scale change. As many as 7.5 million small businesses are in danger of closing during the next five months as a result of the pandemic according to a survey by Main Street America.
A smog-tinged view in black and white of Century City, Beverly Hills and West Los Angeles. (Photo: Trekandshoot, via Shutterstock)
OPINION: When the California Air Resources Board released the results of its May auction of carbon allowances, audible gasps from around the state could be heard from the space station. I kid – but only just a little. The auction results did in fact create a great shock: many had expected at least half a billion dollars to be collected at the quarterly auction, but the auction generated only about ten million dollars. But here’s the truth: The super-low May auction result should actually help the State’s legal defense of cap-and-trade.