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To: flatsville who wrote (64163)	2/2/2001 10:02:18 AM
From: yard_man	Read Replies (1) \| Respond to of 436258

The problems in CA were many years in the making. Over optimistic interpretation of federal laws requiring utilities to buy power at inflated rates from independent suppliers, coupled with rabid environmentalism forestalled the needed installation of generating capacity and very likely the needed spending on transmission as well -- the deregulation (read re-regulation) experiment was flawed, but basically simply exposed the imprudent high reliance on interchange sales fostered by prior decisions. Ultimately the blame lies with earlier PUCs and earlier folks in the environmental area which allowed the situation to develop. Allowing CA to be exposed to the exploitation of the weakness already developed was the fault of the CA legislature for 1) Rushing into the process 2) Allowing themselves to be unduly influenced by the wrong interests when crafting the "re-regulation" scheme Wilson listened to the hype, probably signed the thing on the general principle that less reg is better than more reg instead of investigating or rather having his people really investigate the issue -- so he is partly to blame -- but certainly not the culprit