Opinion

Opinion

As cap and trade awaits fate, auction tests market

California’s highly controversial cap-and-trade system of allocating carbon emission allowances faces legal and political hurdles. Meanwhile, however, another quarterly auction of allowances is scheduled this month and its results will test its standing among emitters and investors.

Opinion

Gray’s bill would make state water board accountable to the public

As California and the San Joaquin Valley struggle to meet our water needs, the recent rains promise to bring some relief. Unfortunately, it is not enough to offset the multi-year drought, new groundwater regulations and the proposed permanent water take from our reservoirs by the State Water Resources Control Board. In the board’s own words, its actions will create a permanent “regulatory drought.”

Videos

Tuolumne River flowing on a quiet Sunday near La Grange

The Tuolumne River was flowing big just west of La Grange on the morning of Sunday, Feb. 19, 2017. A big storm heading into the Modesto-area and the Sierra foothills is likely to increase the river flow and also raise the chances of more water being released from Don Pedro Reservoir just to the east. (Brian Clark/bclark@modbee.com)
Tuolumne River flowing on a quiet Sunday near La Grange 0:33

Tuolumne River flowing on a quiet Sunday near La Grange

Perfect attendance leads students down the red carpet 0:43

Perfect attendance leads students down the red carpet

Get a glimpse of the damage to Oroville Dam's main spillway after several days of running at 100,000 cubic feet per second 1:39

Get a glimpse of the damage to Oroville Dam's main spillway after several days of running at 100,000 cubic feet per second

Jasmine Xiong on Falcons' playoff win 2:04

Jasmine Xiong on Falcons' playoff win