Word: electricizers
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The state's largely self-inflicted energy wounds are rich in irony. A deregulation plan that was supposed to cut electric rates has instead more than tripled what some California consumers pay and has proved powerless to slow a tenfold increase in the state's wholesale prices. And instead of...
Ironically, new construction was one of the aims in 1995 when the state, whose environmental laws make it a utility builder's nemesis, launched the nation's first and most sweeping electric deregulation plan. Enthusiastically endorsing the scheme were utilities, lawmakers and environmental and consumer-advocate groups. The goal enunciated...
Conversely, out-of-state operators were supposed to flock to California. These new competitors would help bring down electric rates that were among the highest in the country. "To be charitable," Wilson told TIME last week, "no one fully foresaw the dimensions of the increase in demand."
Finding that it's somewhat easier to campaign against the previous administration's energy policy (or lack of it, as the charge went) than change it, the Bush administration on Tuesday gave California two more weeks to get its electric house in order.
The first act to perform - the wine smashed against the ship for its maiden voyage, as it were - was the Orquestra Sinfonica Brasileira, a symphony orchestra decked out with traditional (violins, etc) and modern (electric guitars, etc.) instruments. The Orquestra kicked things off with an ear-splitting version of Richard...