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May 27, 2011

Biofuel maker Solazyme shares rise in Nasdaq debut

NEW YORK/SAN FRANCISCO, May 27 (Reuters) – Shares of
biofuel maker Solazyme Inc (SZYM.O: Quote, Profile, Research, Stock Buzz) rose 15 percent in their
stock market debut on Friday after the company’s IPO raised
more than expected.

South San Francisco-based Solazyme uses algae to make oil
and plans to sell fuel oil, dietary supplements and skin care
products. It is the latest of a handful of companies that make
fossil fuel alternatives and have sought money successfully
from the U.S. capital markets.

May 19, 2011

California still leads U.S., including in inequality

SAN FRANCISCO, May 19 (Reuters) – Perennial trend-setter
California still represents potential aspects of the future of
the United States, ranging from wealth and opportunity in
Silicon Valley to abject poverty in the agricultural Central
Valley.

The Golden State has always seen itself as the best, and it
still is for some, but a new study of federal census and state
data covering longevity, education and income shows the state
is also home to arguably the worst-off parts of the nation.

May 17, 2011

Arnold Schwarzenegger fathered child outside marriage

LOS ANGELES/SAN FRANCISCO (Reuters) – Former California Governor Arnold Schwarzenegger has acknowledged that he fathered a child more than 10 years ago with a member of his household staff.

The revelation came a week after Schwarzenegger, the Austrian-born former bodybuilder turned Hollywood actor, and his wife, Maria Shriver, a veteran broadcast journalist and daughter of the Kennedy political dynasty, jointly announced their split after 25 years of marriage and four children.

May 17, 2011

Schwarzenegger fathered child outside marriage

LOS ANGELES/SAN FRANCISCO (Reuters) – Former California Governor Arnold Schwarzenegger has acknowledged that he fathered a child more than 10 years ago with a member of his household staff.

The revelation came a week after Schwarzenegger, the Austrian-born former bodybuilder turned Hollywood actor, and his wife, Maria Shriver, a veteran broadcast journalist and daughter of the Kennedy political dynasty, jointly announced their split after 25 years of marriage and four children.

May 11, 2011

Westly Group launches new cleantech fund

,, May 11 (Reuters) – Clean technology
venture capitalist The Westly Group has closed the first $50
million investment toward a new $175 million fund and sees the
initial public offering market firming up.

The California group, which hit it big with Tesla Motors
(TSLA.O: Quote, Profile, Research, Stock Buzz) and Amyris Inc (AMRS.O: Quote, Profile, Research, Stock Buzz) stakes, plans to continue
investments in a range of technologies focused on clean energy
and energy efficiency, with special focus on green building
technology.

Apr 26, 2011

California gay judge challenged on marriage ruling

SAN FRANCISCO (Reuters) – Proponents of California’s gay marriage ban on Monday said a judge who struck down the law was biased because he is in a same-sex relationship himself, and that his ruling should be thrown out.

Former U.S. District Chief Judge Vaughn Walker last year ruled that California’s same-sex marriage ban, known as Proposition 8, was unconstitutional. The case is being appealed and is expected to be pursued to the U.S. Supreme Court, potentially setting national precedent.

Apr 19, 2011

Obama takes tax plan to Facebook billionaires

SAN FRANCISCO (Reuters) – President Barack Obama may face a tough audience when he brings his tax-hike-for- billionaires message to Facebook on Wednesday — Silicon Valley is full of the sort of people the president wants to pay more tax.

National debt is a major concern, particularly after the rating agency Standard & Poor’s threatened to downgrade the U.S. credit rating, and Obama has set a goal of cutting the deficit by $4 trillion within 12 years or less.

Apr 18, 2011

California governor to get chance to “mark” climate law

LOS ANGELES (Reuters) – California Governor Jerry Brown could still make changes to the state’s ambitious plan for a greenhouse gases market, the state’s climate change regulator said, even as she battles a lawsuit that could delay the program’s start next year.

The lawsuit, as well as complex technical issues and the distraction of a political fight over the state budget, are all obstacles for the most populous state to get its greenhouse gases market off the ground.

Apr 17, 2011

California gov. to get chance to ‘mark’ climate law

LOS ANGELES, April 17 (Reuters) – California Governor Jerry
Brown could still make changes to the state’s ambitious plan
for a greenhouse gases market, the state’s climate change
regulator said, even as she battles a lawsuit that could delay
the program’s start next year.

The lawsuit, as well as complex technical issues and the
distraction of a political fight over the state budget, are all
obstacles for the most populous state to get its greenhouse
gases market off the ground.

Apr 13, 2011

California-Canadian carbon market to start small

OAKLAND, California (Reuters) – A regional carbon market between California and some Canadian provinces will start off next year smaller than expected due to a delay by industrial powerhouse Ontario and a possible slowdown in a second province, British Columbia.

The Western Climate Initiative of states and provinces are seen as the best hope for North America by environmentalists and green businesses who believe that putting a price on emitting greenhouse gases will clean the environment and spur new industry.

    • 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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