[This post was updated Friday at 9 a.m. See below.]

It all looks so peaceful from above, doesn’t it? That’s the view (courtesy of one Jeremy Zarodny) approaching Half Moon Bay Airport, which is lucky not to depend on the city for funding.

Half Moon Bay is in a world of financial hurt following the ruling of a federal judge last week in a dispute with Chop Keenan, the owner of a 25-acre property just east of Highway 1 and north of state Highway 92.

(To view the location, go to Google and enter “Terrace Avenue Half Moon Bay.” Results of this search are here. Then click “Satellite” and you’ll see that Beachwood is the empty green parcel between two housing clusters along Grandview Boulevard and Terrace Avenue.)

For those not inclined to slog through the 167-page decision, the Insider takes a closer look.

U.S. District Court Judge Vaughn Walker gave the city of Half Moon Bay a thorough and embarassing spanking in his $37-million ruling in favor of the owners of Beachwood, a decision that threatens to hamstring the city finacially for years and perhaps decades to come, since its annual budget is only about $10 million.

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The Insider paid a visit to the Green Building Exchange Tuesday, not only to buy some pervious concrete and cork flooring for the Chateau d’Insider, our secluded compound, but also to check out a new effort, spearheaded by PG&E and Sustainable San Mateo County, to help people go “green.”

And who should we run into but our old friend* Jeffrey Anderson, co-chair of the John Edwards for President campaign here in California.

Anderson said he stopped by to say hello to his buddy, Bill Coleman, president of the Green Building Exchange and former chief operating officer of Planktos Inc., a Foster City company that aims to reduce carbon dioxide levels by expanding the growth of the ocean’s phytoplankton.

“This is a chance to see old friends and meet new ones,” said Anderson, adding that the Edwards campaign is deeply invested in energy and environmental issues.

So what did the California co-chair think of Edwards’ performance at the San Mateo County Democratic Straw Poll (which the former vice presidential candidate won with 29 percent of the vote)?

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