California governor, oil exec huddle on offshore wind
California Gov. Jerry Brown met earlier this month with top executives at Norway-based Statoil to discuss the company's pursuit of wind power off the Golden State's coastlines.
Why it matters: It's a glimpse into the future: Statoil is among the most aggressive oil companies pursuing green investments to hedge against a lower-carbon economy, and California is the most aggressive state pursuing actions to cut carbon emissions. Just one offshore wind farm exists in the U.S., off Rhode Island.