Word: enronization
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Hogan was unavailable for comment yesterday, but HEPG Executive Director Ashley Brown said that Enron had no influence over Hogan or HEPG...
...There are a large number of members of our group,” Brown said. “Enron is one, and it’s true that they’ve given us some support, but it’s a fraction of our support...
Brown estimated that Enron, which gave $50,000 to HEPG last year, has contributed under five percent of HEPG’s total donations since it was founded...
...also said that Enron is just one of many members of HEPG—a group that includes others who do not support energy deregulation...
...report says that in 1994 Hogan urged the California Public Utilities Commission to deregulate the state’s electricity market, according to “the ‘Enron model’—the deregulation scheme that Enron had already used to deregulate and manipulate the gas market...