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Keyword: dereg

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  • CA: Energy deregualtion(sic) bill moves forward - Núñez

    04/19/2004 8:38:10 PM PDT · by NormsRevenge · 5 replies · 124+ views
    Bakersfield Californian ^ | 4/19/04 | AP - Sacramento
    SACRAMENTO (AP) - A bill that would loosen government regulation of the power market while encouraging utilities to build new power plants in California was approved Monday by a key Assembly committee. The bill from Assembly Speaker Fabian Nunez, D-Los Angeles, has the backing of a number of major utilities including Southern California Edison. Supporters say the proposal is not a return to full deregulation that some say led to the energy crisis of four years ago. The bill does not impose new regulations. Instead, the bill is a "balanced framework," according to Nunez. Opponents, which include some independent power...