California re-regulation having predicted effects

Lynne Kiesling at The Knowledge Problem has an interesting post that shows that once again, California is unique among states that have restructured their electricity industries, in that California faces continued reliability problems and the others do not.

[sarcasm] I thought all of California's problems were due to greedy energy corporations and Enron? How is it, then, that the greedy energy corporations apparently always go after California to cause mischief, and no other state (including states equal in wealth to California, like Texas)? [/sarcasm]

California's problems will continue, so long as it continues to implement half-measures and bogus "deregulation".

edited on 6/1/03 12:04pm

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