[Dog Gone]

Good for Arnold. He has exactly the right idea.

Next, he needs to abolish the California Power Authority.

[Carry_Okie]

It will be a debacle as long as production cpactity is short of demand. The key to opening that capacity is regulatory relief, particularly in the environmental field.

If you accept what he published in his environmental plan, Arnold has no intention of supplying that relief. The people who wrote his environmental plan don't either; their intent is to cash in on it.

So which is it Arnold, regulatory relief and an honest environmental plan that you waved in front of Republicans in speeches, or more crooked racketeering which is what you put in writing? Remember, Brulte was one of the architects of the last deregulation debacle and he sits on Arnold's team.

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[Cicero]

I won't say this is a bad idea, but once again it's only partial deregulation. And they won't be out of the woods until they dump several hundred rules and regulations that make it impossible to build new power plants. As it stands now, the envirowackoes can stall a new plant forever, and nobody would be crazy enough to build a new plant in that political environment.

[Reeses]

The earlier deregulation scheme also included a rate freeze that barred utilities from passing along the increased costs to customers.

That doesn't sound like deregulation to me. Pete Wilson may have pointed the ship in a certain direction, but it was Davis's failure to steer the ship around an ice berg that caused it to sink. The socialists like to re-write history. What really happened is the power plants withheld power because they weren't getting paid and could not afford to buy fuel, setting off the crisis. They couldn't get paid because the distributors had to sell below cost and quickly ran out of cash. This was a socialist fiasco, much like central planning in the former Soviet Union.

[NormsRevenge]

Things change, Things stay the same.. Progress.. uhh.. Progressivm .. inaction in action

[RhoTheta]

Bump for later

[tophat9000]

Most importantly, the governor-elect would not restrict utilities from entering into long-term contracts for power. The restriction imposed by the 1996 deregulation plan forced Pacific Gas & Electric and other utilities to buy at peak prices on the spot market. The earlier deregulation scheme also included a rate freeze that barred utilities from passing along the increased costs to customers.

At least they acknowledge part of the of problem last time we never really had true deregulation last it was more a government controlled cartel

I’m a free market capitalist and believe it the best system there is

However this does not mean there not crooks out there setting up sweetheart deal... Wilson’s bunch already screw us once... when this all said and done will it be government paws off or will they still be a finger in it to steer the deals to there buddies

I do not trust these people

[<1/1,000,000th%]

"Deregulation has already cost the state $50 billion, give or take," said Mike Florio, senior attorney for The Utility Reform Network. "Why on earth anyone would want to do that again is mystifying to us."

Since they haven't tried de-regulation yet, how would this person know?

[<1/1,000,000th%]

"Deregulation has already cost the state $50 billion, give or take," said Mike Florio, senior attorney for The Utility Reform Network. "Why on earth anyone would want to do that again is mystifying to us."

Democrats run the URN too??

[Lancey Howard]

I'm liking Arnold more and more. This will be interesting to watch - - a socialist government relinquishing ownership of an industry doesn't happen every day.

[biblewonk]

All they need is more windmills.