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Schwarzenegger to push energy deregulation [View All]

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realFedUp Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-03-03 11:05 AM
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Schwarzenegger to push energy deregulation
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little local paper...I'm sure this is in other publications.
Of course, we knew Arnie and his Wilson team was going to
push this original Wilson deregulation plan even further...

http://www.pasadenastarnews.com/Stories/0,1413,206%257E11848%257E1740160,00.html

Schwarzenegger to push energy deregulation
By Michael Liedtke, Associated Press

SAN FRANCISCO -- No stranger to sequels, California Gov.-elect Arnold Schwarzenegger hopes to sell the state on the virtues of electricity deregulation for a second time, despite the expensive legacy of the first attempt.

Schwarzenegger's energy advisers say they will bring a fresh approach to deregulation this time, avoiding past mistakes that led to rolling blackouts, insolvent utilities, market manipulation and a $20 billion debt customers must spend the next decade repaying.

snip

Schwarzenegger aides say his proposed reforms are mostly the work of three men: Stanford's Sweeney, who wrote a book analyzing California's electricity crisis; Sean Randolph, president of the San Francisco- based Bay Area Economic Forum , a group that represents business and government interests; and Lawrence Makovich, a senior director for Cambridge Energy Research Associates , a Massachusetts research firm.

The men met with Schwarzenegger last month and then drew up an energy policy based largely on their research, Sweeney and Randolph said in interviews. Makovich didn't return a message.

continued
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