To: MSI who wrote (242647 ) 3/27/2002 11:11:41 AM From: DavesM Read Replies (1) | Respond to of 769670 MSI, re:"He was running around in circles, and didn't take even stronger action that should have been taken to force PG&E to face the music instead of hiding their assets, and to force Enron to disclose details of their manipulation, in spite of the Washington blockade" Hogwash. During the summer of 2000, I was hearing that the three major California utilities were losing about $1B per week. According to a study released by the AQMD, in 2000 Southern California power plants were running at 3 times the level they had in previous years. There was a point, when just the cost of buying the pollution credits needed to keep many power plants running added $250 per MW produced. By the time the Nation found out who the next President was, PG&E and SCE probably were no longer paying their suppliers. Much of the "Washington Blockade", was from the Clinton White House, a FERC with a Democratic Chairman, and Democratics had majority of 3 to 1 on the Commission. IMO, Davis did about all that could have been done (over the California energy crisis). If you go to his web site and look at an archive of his press releases, you will see that he was doing his job very early on. For him to have "fixed" the problem early on, he would have had to declare a state of emergency (as was done 2001) during the middle of the 2000 Presidential Campaign. Maybe, he should have ordered that the lights in the Staples Center be lowered, and the thermostat raised during the Democratic Convention. Maybe he should have addressed the Convention, stating that he was declaring a State of Emergency, and was removing all the pollution limits placed on power plants, till the crisis is over.