Search Results for: climate change – Page 10
Blog
California’s Policy Responses Risks Worsening a Bad Situation
Based on the bills legislators are considering, policymakers are learning the wrong lessons. Consider SB 222 (the Affordable Insurance and Climate Recovery Act) introduced by state Sens. Scott Wiener and Sasha Renée Pérez. By allowing plaintiffs to sue oil and energy companies for the costs created by natural disasters, SB ...
Blog
Spending Watch
SB 222 Will Weaken California’s Economy and Reduce State Revenues
SB 222 Will Weaken California’s Economy and Reduce State Revenues Wayne Winegarden and Nikhil Agarwal March 2025 The destructiveness of the Eaton and Palisades fires were unprecedented. According to the Anderson School of Management at UCLA, the recent Los Angeles wildfires caused up to $164 billion in property and capital ...
Blog
California’s latest insurance package will offer little relief
California’s latest insurance package will offer little relief California’s property insurance market has hobbled along for years, as insurers have slowly – then quickly – exited the market after years of massive wildfire losses have threatened their reserves. State officials have mostly blamed climate change, arguing that increased temperatures are ...
Blog
Read the latest on California's post-wildfire response
Newsom Right to Waive CEQA for Wildfire Rebuilding, But Lawmakers Should Also Act
The broken clock that has been state government’s response to the Southern California wildfires was right once on Sunday when Gov. Gavin Newsom signed an executive order waving numerous environmental requirements that threatened to add unnecessary delay and expense to the rebuilding process. Under the Newsom executive order, California Environmental ...
Blog
Time to pursue emergency reforms to battle wildfires
Time to pursue emergency reforms to battle wildfires by Daniel M. Kolkey | January 15, 2025 Editor’s note: This article is adapted from the Pacific Research Institute’s 2021 book, “Saving California.” We’re reprinting this in the wake of the devastating Southern California wildfires, as its policy prescriptions provide a blueprint ...
Wildfires
Read the latest from PRI about the Southern California wildfires recovery and rebuilding. PRI sends our thoughts and prayers to our Southern California friends and neighbors whose homes have been lost or damaged in the 2025 Southern California wildfires. As the communities affected look to recover, there will be much-needed ...
Blog
An insurance emergency after officials let crisis fester
An insurance emergency after officials let crisis fester Horrific wildfires in Los Angeles have focused attention on California’s ongoing insurance troubles, but because of the state’s inaction its insurance industry is facing an “existential crisis,” as a recent New York Post headline put it. The Wall Street Journal quotes a ...
Blog
California’s Next Crime Wave – Fuel Theft
Here are a few examples: On September 27, an Inland Empire resident drove away from her job at an area hospital when her pickup truck puttered to a stop. An investigation showed her tank had been drilled and emptied. A Valero Station in Fremont lost tens of thousands of gallons ...
Blog
Gas Warfare in California
It took only a few hours after Gov. Gavin Newsom signed a regulatory bill for Phillips 66 to announce that it is closing its Los Angeles refinery complex. Without actually using the words, the company is saying there’s no reason to stick around and be abused. In a ceremony designed ...
Blog
Read the latest about California's high speed rail boondoggle
Despite the promises, bullet train is lesson in ‘sunk costs’
Unfortunately, California officials pay no attention to sunk costs, which are reflected in the spending for the California High Speed Rail System. If there is a classic lesson regarding “sunk costs,” the ongoing project of building a bullet train from San Francisco to Los Angeles is the poster child. Yet, ...
California’s Policy Responses Risks Worsening a Bad Situation
Based on the bills legislators are considering, policymakers are learning the wrong lessons. Consider SB 222 (the Affordable Insurance and Climate Recovery Act) introduced by state Sens. Scott Wiener and Sasha Renée Pérez. By allowing plaintiffs to sue oil and energy companies for the costs created by natural disasters, SB ...
Spending Watch
SB 222 Will Weaken California’s Economy and Reduce State Revenues
SB 222 Will Weaken California’s Economy and Reduce State Revenues Wayne Winegarden and Nikhil Agarwal March 2025 The destructiveness of the Eaton and Palisades fires were unprecedented. According to the Anderson School of Management at UCLA, the recent Los Angeles wildfires caused up to $164 billion in property and capital ...
California’s latest insurance package will offer little relief
California’s latest insurance package will offer little relief California’s property insurance market has hobbled along for years, as insurers have slowly – then quickly – exited the market after years of massive wildfire losses have threatened their reserves. State officials have mostly blamed climate change, arguing that increased temperatures are ...
Read the latest on California's post-wildfire response
Newsom Right to Waive CEQA for Wildfire Rebuilding, But Lawmakers Should Also Act
The broken clock that has been state government’s response to the Southern California wildfires was right once on Sunday when Gov. Gavin Newsom signed an executive order waving numerous environmental requirements that threatened to add unnecessary delay and expense to the rebuilding process. Under the Newsom executive order, California Environmental ...
Time to pursue emergency reforms to battle wildfires
Time to pursue emergency reforms to battle wildfires by Daniel M. Kolkey | January 15, 2025 Editor’s note: This article is adapted from the Pacific Research Institute’s 2021 book, “Saving California.” We’re reprinting this in the wake of the devastating Southern California wildfires, as its policy prescriptions provide a blueprint ...
Wildfires
Read the latest from PRI about the Southern California wildfires recovery and rebuilding. PRI sends our thoughts and prayers to our Southern California friends and neighbors whose homes have been lost or damaged in the 2025 Southern California wildfires. As the communities affected look to recover, there will be much-needed ...
An insurance emergency after officials let crisis fester
An insurance emergency after officials let crisis fester Horrific wildfires in Los Angeles have focused attention on California’s ongoing insurance troubles, but because of the state’s inaction its insurance industry is facing an “existential crisis,” as a recent New York Post headline put it. The Wall Street Journal quotes a ...
California’s Next Crime Wave – Fuel Theft
Here are a few examples: On September 27, an Inland Empire resident drove away from her job at an area hospital when her pickup truck puttered to a stop. An investigation showed her tank had been drilled and emptied. A Valero Station in Fremont lost tens of thousands of gallons ...
Gas Warfare in California
It took only a few hours after Gov. Gavin Newsom signed a regulatory bill for Phillips 66 to announce that it is closing its Los Angeles refinery complex. Without actually using the words, the company is saying there’s no reason to stick around and be abused. In a ceremony designed ...
Read the latest about California's high speed rail boondoggle
Despite the promises, bullet train is lesson in ‘sunk costs’
Unfortunately, California officials pay no attention to sunk costs, which are reflected in the spending for the California High Speed Rail System. If there is a classic lesson regarding “sunk costs,” the ongoing project of building a bullet train from San Francisco to Los Angeles is the poster child. Yet, ...
