On Friday, the Sacramento Bee reported that the governor and legislative majority leaders agreed to put aside a discussion on how much is in the cap-and-trade pot and how to spend increased money over what was already authorized.

On the same day last week that the California state Senate passed bills mandating new regulations to deal with climate change, business people met in Burbank to understand the effects, and particularly the costs, of the state’s cap-and-trade program.

Sponsored by the Los Angeles County Business Federation (BizFed), money and costs were the central theme of the discussion.

Energy attorney Dennis Luna, who also serves as editor-in-chief of California Oil and Gas Report, predicted that the reported doubling of funds brought in by the cap-and-trade auctions was “probably low by a lot.” He said that the pot of money generated by the cap-and-trade auctions and designed to deal with climate issues was a tempting target for those seeking government funds. “The new game in town – whatever you are doing, you are reducing greenhouse gases,” he said.

Colleen Callahan, Deputy Director of UCLA’s Luskin Institute for Innovation said the Legislature passed bills to ensure that spending from the cap-and-trade fund would help produce jobs and benefit businesses.

However, she was challenged by a manufacturer in the audience who was fearful that her manufacturing plant might not survive because of the new costs imposed by the law.

Other audience members also raised concerns about cap-and-trade. One argued that California only produces 1 percent of carbon emissions worldwide and the plan has not reduced that mark while at the same time encouraging manufacturers to move and causing economic disruption.

Gary Gero of Climate Action Reserve responded that while it appears California is making the fight against carbon emission alone that was not the case. He said 40 percent of the world’s population lived under carbon pricing programs. He also contended that when the United States Environmental Protection Agency’s Clean Energy Plan kicks in, other states in the country would become more engaged in carbon control. He said California would lead as a model to the nation with a robust and clean economy.

Another member of the audience asked if the predictions the effect of the law would have on small business when the bill was signed nearly 10 years ago came to pass. Richard Stapler of the California Natural Resources Agency simply stated it was too early to tell.

The cost question to small business and families was of paramount importance to the gathering. On the panel, Tiffany Roberts, representing the Western States Petroleum Association, argued that small business energy costs are up and that families will feel the cost increase in goods and services. She reasoned that must be the case since the program was designed to put a price on carbon.

As to how the money gained from the cap-and-trade program is spent, there was surprisingly little mention of the high-speed rail, which currently will take about $500 million dollars from the cap-and-trade fund. Richard Stapler said the Air Resources Board will scrutinize the use of the money and citizens can monitor how the money is spend on the ARB website.

The California Chamber of Commerce has sued over cap and trade, arguing that revenue produced by the cap-and-trade law is the result of a tax increase, which required a two-thirds vote in the Legislature. The legislative vote was below two-thirds.

If an appeals court sides with the Chamber of Commerce position, attorney Dennis Luna said it would cause an earthquake shaking the foundation of the cap-and-trade program.

By Chris Reed

The Golden State may yet be rescued from its epic mismanagement by private-sector innovation that brings vast new wealth to California. For all our Solyndra-style boondoggles, there’s also extraordinarily promising work being done that could make San Diego County the Silicon Valley of both nanotechnology and biotechnology — interrelated fields which could revolutionize a stunning variety of industries and professions.

Major nanotech work is also being done in the Bay Area and several UC campuses besides UC San Diego. Only the Boston area has anything even approaching the concentration of advanced research seen up and down California. Here’s a map giving a good sense of the Golden State’s lead in this field. Austin, Texas, and the research triangle in North Carolina are only wanna-bes at this point.

Revolutions in medicine, energy, engineering and more

California’s good fortune on this front comes as stories about nanotechnology’s promise give way to stories about its increasingly common and ingenious uses. The same holds for biotechnology. I wrote about what this could mean for our state, our nation and the world last fall in the U-T San Diego:

“… American scientists … are poised to change the world through biotechnology -– the use of biological processes to manufacture products –- and nanotechnology -– the engineering of functional systems at the molecular level. …   The biggest single concentration of these scientists is … in San Diego –- some at UCSD’s world-leading Department of Bioengineering, some at ambitious private companies like Illumina and Life Technologies, and some at not-for-profit research organizations like the J. Craig Venter Institute.

“The Futurist magazine is right to say we are on the verge of the Bio Age, the modern heir to the transformative Iron, Stone and Bronze ages. Here are some of the breakthroughs we’re likely to see in coming years, achievements that would have seemed like fanciful science fiction not long ago:

“– A revolution in medicine, with nanotech-devised treatments reducing the threat of chronic diseases such as cancer, Alzheimer’s, Parkinson’s and much more. Better tools to control the immune system will make organ replacement far easier -– and the prospect of creating synthetic organs looks more and more realistic. Monitors affixed to or inserted into the body will offer constants checks on health. The net effect: Human longevity could soon be sharply extended.

“– A revolution in energy, with nanotech tools making solar cells far more efficient and with biotech entrepreneurs developing low-cost, low-polluting organic fuels. Microscopic motors will grow in power and ubiquity, transforming many conventional products and giving rise to new types of manufacturing. The net effect could be a far higher standard of living.

“– A revolution in engineering, starting with a stunning new range of possibilities for materials used in buildings, vehicles and far more. “Buckypaper” –- immensely strong, super-light material –- may soon be relatively inexpensive. “Bioprinters” -– machines that can “print” living organisms -– are being developed. It’s not hyperbole to say the net effect is unfathomable. When engineering at the level of the atom becomes practical and easy, human imagination will take us astounding places.”

An ‘absurdly simple,’ immensely powerful battery

Now comes a discovery at UCLA that has the same fanciful science-fiction feel, courtesy of researchers who are part of the California NanoSystems Initiative.

“There’s a video making the viral rounds describing a potential energy storage device that seems way too good to be true: a high capacity ‘battery’ made in an almost absurdly simple process, which offers the prospect of super-fast charging of everything from smartphones to electric cars, and which can be safely composted at the end of its useful life.

“Despite the video’s recent popularity, this isn’t breaking news: it’s a year old. But the promise of this new technology is legitimate. It’s also pretty awesome.”

That was from a KCET report Tuesday. On Thursday, more details emerged.

“We told you that researchers at Ric Kamen’s lab at UCLA had found a way to make a non-toxic, highly efficient energy storage medium out of pure carbon using absurdly simple technology. Today, we can report that the same team may well have found a way to make that process scale up to mass-production levels.”

UCLA’s press office put out this description:

“The new micro-supercapacitors are also highly bendable and twistable, making them potentially useful as energy-storage devices in flexible electronics like roll-up displays and TVs, e-paper, and even wearable electronics. The researchers showed the utility of their new laser-scribed graphene micro-supercapacitor in an all-solid form, which would enable any new device incorporating them to be more easily shaped and flexible. The micro-supercapacitors can also be fabricated directly on a chip using the same technique, making them highly useful for integration into micro-electromechanical systems (MEMS) or complementary metal-oxide-semiconductors (CMOS). As they can be directly integrated on-chip, these micro-supercapacitors may help to better extract energy from solar, mechanical and thermal sources and thus make more efficient self-powered systems. They could also be fabricated on the backside of solar cells in both portable devices and rooftop installations to store power generated during the day for use after sundown, helping to provide electricity around the clock when connection to the grid is not possible.”

As Johnny Carson would say, wild stuff. Let’s hope all this research pans out so something can stop California from its gradual descent into mediocrity and decay.

If it does pan out, one thing is completely sure: Jerry Brown will find a way to take credit for it.