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Re: Re: California energy "deregulation"



It's not my opinion. I would add that the whole "deregulation" (actually:
restructuring) undermined the incentive to build power-plants, which
encouraged the short-fall of supply behind demand. But I'm not an expert on
this issue: ask Gene Coyle.

At 11:31 AM 12/21/00 -0800, you wrote:
Jim Devine provided this opine on 12/21/00 8:17 A but didn't extend
whether the opine represented his own view or he was simply searching for
further opinion.

>LA TIMES, December 21, 2000 (op-ed)
>
>Electricity Deregulation Was Doomed From Start
>
>By PAUL RICHINS JR.

If opinion, I'd opine that the threat of outages and bankruptcy
disappears with the rate increase passage. Purely politics of fear.

Jim Devine jdevine@xxxxxxx & http://bellarmine.lmu.edu/~jdevine




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