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Jul 1, 2011

Governor Moonbeam has big plans for California sun

SAN FRANCISCO (Reuters) – California plans to get a third of its electricity from wind, solar and other renewable energy, but Governor “Moonbeam” Jerry Brown wants more. Soon.

The feisty 73-year-old who brings a former seminarian’s zeal to environmentalism sees green jobs reinvigorating the economy and restoring California’s position as world leader in clean energy.

Jun 29, 2011

Analysis: California budget wins approval but no applause

SACRAMENTO/SAN FRANCISCO (Reuters) – California is taking a first step to shedding its reputation for fiscal sloppiness, adopting an on-time budget for the first time in years.

If a compromise is something that no one likes, California has achieved one: Governor Jerry Brown, both political parties and even investors have plenty to complain about in the spending plan.

Jun 28, 2011

Snap Analysis: California Democrats control reform agenda

SAN FRANCISCO (Reuters) – A budget deal between California’s governor and fellow Democrats in control of the state legislature on Monday has left Republicans with little role to play in major reforms.

Governor Jerry Brown and Democratic legislative leaders unveiled their plan on Monday.

Jun 28, 2011

California governor, Democrats notch budget deal

SAN FRANCISCO (Reuters) – California Governor Jerry Brown and Democratic legislative leaders have reached a deal that bypasses Republicans and relies on higher tax revenue forecasts and some spending cuts to close a $10 billion gap.

Tax revenue is coming in far ahead of expectations, Brown told a news conference. He said he decided to craft a budget with Democratic allies, who have majorities in both houses of the California legislature, when he determined he could not overcome a “religious reluctance” among Republicans to embrace tax extensions.

Jun 24, 2011

Americans may hit gas again after reserve release

MIAMI/SAN FRANCISCO, June 24 (Reuters) – Going lightly on
the gas pedal, getting a few dollars of gas rather than filling
up, cutting out the cruising, and swapping the BMW for a Dodge
Caliber — those are ways Americans are coping with gasoline
prices well above $3 a gallon.

But people pumping gas on Friday from Miami to San
Francisco saw prospects for lower prices thanks to President
Barack Obama’s decision on Thursday to tap the country’s
emergency petroleum stockpile as part of a global effort to
bolster tight oil supplies.

Jun 17, 2011

California’s Brown vetoes fellow Democrats’ budget

SAN FRANCISCO (Reuters) – California Governor Jerry Brown on Thursday vetoed an “unrealistic” budget passed by fellow Democrats in the state legislature and insisted on either extending tax hikes or making deep spending cuts.

The hardball move drew immediate praise from financial professionals and other observers, although Democrats who pushed through the plan on Wednesday complained that Brown wanted too much and needed to find Republican support himself or move on from his tax plan which has languished for months.

Jun 16, 2011

California governor vetoes budget in face of “wall of debt”

SAN FRANCISCO (Reuters) – California Governor Jerry Brown on Thursday vetoed an “unrealistic” budget and insisted that the state choose between extending tax hikes or making deep spending cuts to solve long-term fiscal problems.

The hardball move drew immediate praise from financial professionals and other observers, although Democrats who pushed through the plan on Wednesday complained that Brown needed to get Republican support quickly or move on from his tax extensions plan which has languished since January.

Jun 15, 2011

Suntech says leases will “level the playing field”

SAN FRANCISCO, July 15 – (Reuters) – Chinese panel maker
Suntech Power Holdings Co Ltd (STP.N: Quote, Profile, Research, Stock Buzz) is getting into the solar
lease business to compete with venture-backed start-ups such as
SolarCity and SunRun, the vice president of project finance for
its U.S. business said on Wednesday.

The program, already launched in California, will expand to
up to six more states by the end of 2011, Scott Son said in an
interview, adding the initiative will increase panel sales by
helping the installers it partners with stay competitive.

Jun 15, 2011

Gay judge’s California same-sex marriage ruling upheld

SAN FRANCISCO (Reuters) – A U.S. judge’s gay relationship is no basis for tossing out his decision overturning California’s same-sex marriage ban, another federal judge ruled on Tuesday.

Doing otherwise would send a message that minority judges could not rule in civil rights cases, ruled Chief U.S. District Judge James Ware, who upheld the decision to overturn California’s gay marriage ban.

Jun 15, 2011

Suntech launching U.S. financing programs

SAN FRANCISCO (Reuters) – Solar panel maker Suntech Power Holdings Co Ltd (STP.N: Quote, Profile, Research, Stock Buzz) plans to launch four or five financing programs for the U.S. market in the next six to nine months, the head of its North American business said on Tuesday.

The initiatives will cover various parts of the industry, including residential solar, Suntech America President Steven Chan said at the Reuters Global Energy and Climate Summit in San Francisco.

    • About Peter

      "Peter Henderson has worked for Reuters for more than a decade, covering the collapse of the Russian economy in the 1990s, media in Los Angeles and politics in San Francisco. He is West Coast Enterprise Editor, focusing on reporting and editing in-depth stories."
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