No. F.A. Hayek coined the phrase which describes the mental state of politicians and bureaucrats in general: He named their attitude The Fatal Conceit.
These self-styled modern 'realists' have only contempt of the old-fashioned reminder that if one starts unsystematically to interfere with the spontaneous order there is no practicable halting point and that it is therefore necessary to choose between alternative systems. They are pleased to think that by proceeding experimentally and therefore 'scientifically' they will succeed in fitting together in piecemeal fashion a desirable order by choosing for each particular desired result what science shows them to be the most appropriate means of achieving it....how completely overlooked is the fundamental fact that by our political actions we unintentionally produce the acceptance of principles which will make further action necessary.
...more than eighty years ago, W. S. Jevons pronounced that in economic and social policy 'we can lay down no hard and fast rules, but must treat every case in detail upon its merits.' Ten years later Herbert Spencer could already speak of 'the reigning school of politics' by whom 'nothing less than scorn is shown for every doctrine which implies restraints on the doings of immediate expediency' or which relies on 'abstract principles'.
This 'realistic' view which has now dominated politics for so long has hardly produced the results which its advocates desired. Instead of having achieved greater mastery over our fate we find ourselves in fact more frequently committed to a path which we have not deliberately chosen, and faced with 'inevitable necessities' of further action which, though never intended, are the result of what we have done.
So I would say that people like Davis are not stupid or incompetent in the usual sense, but what they are trying to do is fiddle with the economy of electric power generation and distribution - an impossible task even if they were honestly interested in making things "better" for Californians.