Free Republic

Corruption: It turns out a recent recipient of the administration's largesse is from the House of Pelosi. The green energy scandal keeps picking up speed. Last week, the Energy Department completed a $737 million loan guarantee to Tonopah Solar Energy and an additional $337 million for Sempra Energy. On the surface, there's nothing suggesting either is improper. But just beneath the surface is the clear appearance of impropriety. Tonopah Solar is a wholly owned subsidiary of SolarReserve, which lists among its "investment partners" a company named Pacific Corporate Group. Again, on the surface, no hint of corruption. But an enterprising...

We want to provide you with an update from our Chairman and Chief Executive Officer, Steve Baum, on the class-action lawsuit that began last week. Our employees have been made aware of this settlement as well. Yesterday (Saturday, Oct. 29, 2005), we released a media statement to alert the public that Los Angeles County and 11 other plaintiffs in the class-action, anti-trust lawsuit against Sempra Energy, Southern California Gas Company and San Diego Gas & Electric agreed to settle for an undisclosed amount. As you know, trial began last week on the lawsuit which stems from the energy crisis of...

SAN FRANCISCO (Reuters) - California, armed with what it calls hard, new evidence of rampant power market manipulation, handed federal regulators on Monday the names of about 60 energy companies it alleges were behind the state's 2000-2001 energy crisis. Loretta Lynch, a member of the California Public Utilities Commission, told Reuters a 1,000-page final report on the crisis filed Monday at the Federal Energy Regulatory Commission names "almost 60 companies that participated in gaming our energy market." The crisis, triggered by a badly flawed attempt to open the electric industry to competition, cost California billions of dollars, bankrupted the state's...