Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Moral Hazard
Any state can regulate who it signs contracts with. California depends on a string of natural gas fired power plants built in Arizona. Burning natural gas produces carbon dioxide. Refusing to sign longterm contracts for power produced by these plants will result in skyrocketing utility costs when spot market prices go up. As a matter of fact, failure to procure longterm energy contracts is what caused the California blackouts a few years ago, and here they might actually codify that kind of folly!
9 posted on 08/05/2006 10:35:12 AM PDT by Jeff Chandler (Peace begins in the womb.)
[ Post Reply | Private Reply | To 6 | View Replies ]


To: Jeff Chandler
As a matter of fact, failure to procure longterm energy contracts is what caused the California blackouts a few years ago, and here they might actually codify that kind of folly!

LOL!
How can this be? Arnie promised us no more black outs if he were elected!
.
17 posted on 08/05/2006 11:57:15 AM PDT by mugs99 (Don't take life too seriously, you won't get out alive.)
[ Post Reply | Private Reply | To 9 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson