SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: pater tenebrarum who wrote (55589)1/8/2001 8:49:59 PM
From: patron_anejo_por_favor  Read Replies (3) | Respond to of 436258
 
Gov. Davis outlining his long-awaited solution to the Cali utility crisis right now in his "State of the State" address:

20:44 [PCG,EIX] CALIF. GOV. DAVIS THREATENS USE OF EMINENT DOMAIN IF NECESSARY
20:43 [PCG,EIX] CALIF. GOV. DAVIS ASKS RESIDENTS TO CUT CONSUMPTION BY 7 PERCENT
20:42 [PCG,EIX] CALIF. GOV. DAVIS WANTS MORE INSPECTORS FOR PUBLIC UTILITIES
20:41 [PCG,EIX] CALIF. GOV. DAVIS WANTS TO OVERHAUL 'CRAZY' BIDDING PROCESS FOR ELECTRICITY
20:40 [PCG,EIX] CALIF. GOV. DAVIS WANTS TO RESTRUCTURE GOVERNING BOARDS WITH ADVOCATES FOR PUBLIC
20:38 [PCG,EIX] CALIF. GOV. DAVIS WANTS TO SET ASIDE $1 BLN TO HELP PROVIDE NEW POWER GENERATION
20:34 [PCG,EIX] CALIF. GOV. DAVIS SAYS SOME GENERATORS MAY BE PURPOSEFULLY WITHHOLDING POWER
20:32 [PCG,EIX] CALIF. GOV. DAVIS SAYS STATE HAS LOST CONTROL OVER OWN POWER
20:31 [PCG,EIX] CALIF. GOV. DAVIS CALLS ENERGY DEREGULATION 'COLLOSSAL AND DANGEROUS FAILURE'

So far I don't see the magic words: "Will allow rate rise to pay for increased costs of power delivered", or "We'll float bonds to prevent EIX and PCG from defaulting" (but hope springs eternal).