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In the News

Amid Oil Boom, Petroleum Exports Surge

The boom in oil and natural-gas production in many parts of the country has helped position the United States as a net exporter of energy, and California is increasingly part of that trend. Amy Myers Jaffe, executive director of energy and sustainability at UC Davis, said that oil companies are using environmental restrictions in the U.S. as an excuse to export gasoline to other countries.

In the News

College Endowments Show Little Investment Skill

In their recent paper “Do (Some) University Endowments Earn Alpha.”, Professor Brad M. Barber and Ph.D. student Guojun Wang looked at the long-term performance of university endowments and found no evidence that manager selection, market timing, and tactical asset allocation generated a higher return than the overall stock and bond markets.

In the News

Fuel Fight: California Tries to Kick the Oil Habit

Oil and refining companies operating in California are lobbying the Legislature and state agencies to either significantly cut back or repeal California’s low-carbon fuel standard, which requires the transportation sector to reduce its carbon intensity 10 percent by 2020. “They believe they can game the system,” said Amy Myers Jaffe, executive director of energy and sustainability at UC Davis. “There is a benefit in both the [renewable-fuel standard] game and in California to just not comply because you have incumbent infrastructure.

In the News
Image of The End of OPEC

The End of OPEC
Forty years after the Arab oil embargo, new technologies are dramatically reshaping the geopolitics of the Middle East.

Forty years have passed since the Arab oil embargo went into effect on Oct. 16, 1973, triggering a period of incredible change and turmoil. But four decades later, the shoe may finally be on the other foot. Now, on the 40th anniversary of the 1973 embargo, the United States has a historic opportunity to lead a counterrevolution against the energy world created by OPEC as innovation in the U.S. energy industry looks poised to end the decades-long, precarious “dependence on foreign oil.” Professor Amy Jaffe and Ed Morse explain.

News Release
Image of The Economist Ranks UC Davis MBA in the World’s Top Tier

The Economist Ranks UC Davis MBA in the World’s Top Tier
No. 1 in the World for Diversity of Corporate Recruiters

(Davis, CA) — For the second consecutive year, The Economist’s full-time MBA ranking places the UC Davis MBA program No. 1 in the world for the diversity of corporate recruiters.

This is the fourth consecutive year UC Davis has been recognized in the top tier in this critical category. The No. 1 ranking is based on the range of industry sectors that have provided career opportunities for our graduates. It reflects the breadth of interests of UC Davis MBA students and their ability to compete successfully in today’s global economy.

In the News

700 Expected to Attend CleanStart/AgStart Showcase

More than 700 people are expected to attend the combined CleanStart and AgStart Showcase on Oct. 16 at the McClellan Conference Center.

Put on by the Sacramento Regional Technology Alliance, the daylong showcase will feature speakers, presentations by promising companies and discussions about growing businesses.

University of California Davis Professor Andrew Hargadon will give a presentation on entrepreneurship.

In the News

Davis Roots Aims to Boost Business Startups in Davis via UCD Connections

For years, the University of California, Davis, has turned out a steady stream of young entrepreneurs, many of whom take their talents, and their ventures, to the startup-rich Bay Area. Anthony Costello and Professor Andrew Hargadon, two business experts with deep Davis ties, want to see more of those fledgling enterprises stay nearer to the nest.

In the News

Breaking Into the Boys’ Club
The author of a new book on women in the boardroom talks about the obstacles women face and how to overcome them.

Last month, the California Legislature unanimously passed a resolution giving corporations a nudge. By 2016, the resolution declared, California public companies with more than nine members on their boards should have at least three women directors. It is the first such declaration by any U.S. legislature. And it is part of a global push for gender diversity in business.

The UC Davis Census and Dean Currall are cited.

In the News

Viewpoints: What’s Missing in Corporate Boardrooms? More Women

As the Legislature wound down its session last month, sending the governor a flurry of bills, lost amid the din of last-minute lobbying and debate was the near unanimous passage of the first resolution in the nation urging public companies to add more women to their boards. In his op-ed, Dean Currall comments on the importance of diversity in boardroom and the positive effect that this new resolution will forward.

In the News
Image of Sac Area Clean Technology Sector Enters New World

Sac Area Clean Technology Sector Enters New World
The green rush is over. Now what?

For much of the past decade, venture capitalists showered dollars upon clean-technology startups with promising-sounding ideas in areas like solar, electric cars and biofuels.

That era appears to have ended. Professor Hargadon comments on clean tech and the funding shift.

“When you map out what makes venture capital work, and you map out what the clean-tech sector is like, it doesn’t fit very well. Companies take a long time to grow. Customers don’t turn over (to new energy products) that fast,”

- Professor Andrew Hargadon.

In the News

Osborne Has Now Been Proved Wrong on Austerity

Financial Times’ chief economics editor Martin Wolf cites study by economist and GSM Professor Alan Taylor that shows that the U.K.’s 2013 GDP will be about 3 percent smaller than it would have been without the British government’s austerity measures.

News Release

Wine Leaders Enthusiastic About Industry’s Future

Despite long-term concerns about climate change and regulatory pressures, California wine industry leaders are once again quite bullish about the wine business, according to two new surveys conducted by the University of California, Davis.

Findings from the surveys of wine executives and industry professionals will be presented at 8:30 a.m. Tuesday, Sept. 24, during the Wine Industry Financial Symposium at the Napa Valley Marriott in Napa, Calif.

In the News

Oil Firms Seek to Unlock Big California Field
Geology is a challenge in the Monterey Shale

California’s Monterey Shale formation is estimated to hold as much as two-thirds of the recoverable onshore shale-oil reserves in the U.S.’s lower 48 states, but there’s a catch: It is proving very hard to get. Expert, Amy Jaffe comments on the difficulties that go along with obtaining the seemingly abundant shale oil.

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