I don't read the LA times unless it's an article posted on FR....And we can't post articles from the LA Times....so I nust not read it.
Since you're so well versed maybe you can tell me where I can find what YOU call the truth (as opposed to your opinion) and then point out all the falacies of THE QUOTES I posted...do that for me will you?
The Deregulation plan was not perfect, as Wilson said, but it was a far sight better than have the state grow while the energy infrastructure remained stagnant.
Here's some excerpts from the same article to answer your contradiction:
Back then, the regulated power industry found itself with a 30 percent power surplus, yet with prices far higher than most other states, partly due to bad investments that the utilities passed on to consumers.I've done my homework and yours.Officials from dozens of other states had launched an aggressive raid on California. Competition would bring lower prices and smooth the economic recovery.
The concern: how to manage oversupply and help PG&E recover its government-imposed investments in a free market. If anyone suggested a future power shortage, it sounded like a bleat.
Davis should have bought the long-term contracts when they were offered before the de-regulation took effect. .....When was Davis sworn in and when did "deregulation take effect.
Do you in fact read anything at all? Wilson's "deregulation" had a regulation not allowing long term contracts....Again an excerpt from the same article:
Forcing the utilities to sell off their power plants while prohibiting them from locking in favorable long-term rates with the suppliers who bought the plants.
We can all sit back and point our fingers at environmentalists or liberals all we want...but who's going to do anything about it?...Republicans?... HA!...Where's the proof of that little white lie?