It’s been one of the darkest chapters in CalPERS history, a bribery scandal that prompted a guilty plea from its former chief executive earlier this month. It’s also been rather profitable.
President Barack Obama urged Congress on Thursday to end a controversial practice that allows U.S. companies to relocate abroad to avoid paying billions of dollars in federal taxes.
The California Air Resources Board concludes its two-day monthly meeting, 8:30 a.m. at the Cal/EPA building on I Street, with a presentation on updates to the Low Carbon Fuel Standard. One of the centerpieces of the state’s fight against global warming, the standard is being considered for re-adoption next year with a couple of amendments to its credit program.
Consumers support California's efforts to combat climate change until it hits their pocketbooks, Dan says.