[Fudd]

...electricity provided to California must be generated from plants that meet the state's greenhouse gas standards

So, how does the bill affect existing long-term contracts? Are the suppliers on the hook to update their plants, or is there a clause to exempt existing contracts?

I see some lawyers getting richer off of this mess.

[Carry_Okie]

So, how does the bill affect existing long-term contracts?

Said contracts are at the inflated prices of the power cisis of 2002. I doubt the bill can, nor do I think it would affect existing contracts. This bill isn't what it would appear to be.

I see some lawyers getting richer off of this mess.

A lot more than them. Please read the whole post.