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  • CA: Power market needs stability: Pull the plug on Prop. 80 (Deja P U all over again)

    10/16/2005 10:17:21 AM PDT · by NormsRevenge · 4 replies · 296+ views
    Mercury News ^ | 10/16/05 | Editorial
    Proposition 80 calls itself the Repeal of Deregulation and Blackout Prevention Act. The title combines a false premise and a false promise. Deregulation is already repealed, at least the wretchedly wrongheaded parts of it. And passing this proposition wouldn't improve the odds against blackouts. We recommend a ``no'' vote Nov. 8. Sponsored by the Utility Reform Network, a consumer group, the initiative would return the state to a utility-dominant system of the past. Otherwise, it warns, unscrupulous energy barons will pillage California as they did during the energy crisis of 2000 and 2001. But they can't. What was wrong during...