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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (17166)	2/27/1998 12:24:00 AM
From: Philip H. Lee	Read Replies (1) of 50167

Third Major Event in the History of Electricity, after the invention and the lightbulb and the lighting of towns and cities. Excerpted from "California Energy Deregulation," by Jay Lasus, 2/26/98. The "event" that Enron is referring to is the deregulation of the electric and gas utilities. California is one of seven states, so far, that has enacted legislation ending the regulation of electric utilities. This law is expected to take effect on March 31. Deregulation in large states like California should provide the momentum necessary to speed up similar legislation in other states and eventually make deregulation federal law. ragingbull.com Philip

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