Risk.net

End of the road for California?

California state senator Joseph Dunn is pushing a bill to reverse California’s energy deregulation. But big end-users of electricity say the move will onlycreate further confusion in the state’s high-profile energy market.

Democrat senator Dunn wants to overturn California’s 1996 deregulationlaw, which has been widely blamed for the shortages that caused price spikesand rolling blackouts in 2000–2001. And while no-one claims that deregulationin California has been a success, energy firms, bus

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