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To: rocklobster who wrote (82067)12/19/2000 10:16:16 AM
From: Gottfried  Read Replies (1) | Respond to of 95453
 
Rocklobster, thanks for your thoughts. I'm not fully informed on this complicated subject of energy deregulation.
But it does seem you can't have just a little deregulation.
And you can't prohibit construction of power plants without
causing supply problems.

Gottfried



To: rocklobster who wrote (82067)12/19/2000 10:51:32 AM
From: The Ox  Respond to of 95453
 
Hi rock,
In theory, your concept is sound and the principles are accurate. I'm going to discuss theory in this post and it's not meant as a reflection of the CA situation.

In practical application, there are situations where it's possible for a business(es) to have monopoly control over a market. This 'control' was given to the(se) business(es) as part of an agreement with the government that the business(es) would provide a 'fair' market environment for the consumer. If a business (or businesses) takes advantage of the market landscape and abuses the 'control' which was granted to them in agreement with the government, then gouging can occur and the only remedy is through the courts.


This situation can occur regardless of failed energy policies or poor planning but the failure can inflate a bad situation making it worse.