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Article #641

Re: Greens say wind power kills birds

#641
From: Jeffrey Siegal
Date: Mon, 25 Jun 2001 10:47
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Merlin Dorfman wrote:
>      The deregulation bill, as passed, was exactly what the
> utilities wanted and lobbied heavily for

I don't believe that.  First of all, the utilities were originally
opposed to deregulation, and joined the negotiations only when they
realized that it was going to happen.  Second, there are plenty of
provisions I can't believe were "exactly what the utilities wanted" such
as being forced to sell off their power plants and being prohibited from
buying long-term power contracts.  They probably did like the 10%
reduction, because they expected wholesale prices to drop even more than
that, and the fixed retail price meant a lot of extra profit for them. 
That said, if they had gotten "exactly what they wanted," it would
probably have been just a price floor and not a fixed price.

No, the only logical conclusion is that the deregulation law was a
compromise.  There was a lot in it for the utilities to like, but not
everything.
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From: Jeffrey Siegal <jbs@quiotix.com>
Newsgroups: talk.rumors,alt.politics,ca.general,alt.california,tx.politics
Subject: Re: Greens say wind power kills birds
Date: Mon, 25 Jun 2001 03:47:47 -0700
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