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The 10 Billion Jolt California's Energy Crisis: Cowardice, Greed, Stupidity and the
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Binding: Paperback
Dewey Decimal Number: 330
EAN: 9781563437489
ISBN: 1563437481
Label: Silver Lake Publishing
Manufacturer: Silver Lake Publishing
Number Of Items: 1
Number Of Pages: 320
Publication Date: 2002-06
Publisher: Silver Lake Publishing
Studio: Silver Lake Publishing
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Editorial Review:
What happened in the California energy crisis, why it happened and who was to blame. California's energy deregulation is one of the biggest regulatory, political and public policy mistakes in the last hundred years. Partially deregulating California's electricity markets has worked a strange alchemy on politics and business. The results cast a harsh light on: * Partisans -- who didn't understand their ideology * NIMBY consumers -- who wanted cheap energy * Political compromisers -- who proved worse than extremists * Explotative corporations -- who misread the situation These factors turned economic outcomes upside down: smart players failed and bumblers stumbled into windfalls. And while California went dark, other states' deregulation succeeded.
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