Energy

State regulators issue plan to pay state’s power debt

February 1, 2002  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>California's governor praised a proposal from state regulators that would allow the state to issue billions of dollars of bonds and funnel money from utility rates to pay its power-buying debt.</p>

PUC, Davis break impasse on energy bond; fall rate cut might be possible

February 1, 2002  ·  Consumer Watchdog

<p class="source">San Diego Union-Tribune</p> <p>State electricity regulators ended a four-month deadlock with the Davis administration yesterday, paving the way for a $12.5 billion bond to repay the state for power purchases and a possible rate cut before the November election.</p>

PUC loses power to set rates in deal

February 1, 2002  ·  Consumer Watchdog

<h3>Energy bond plan buoys investors, but angers consumer advocates</h3><p class="source">The San Francisco Chronicle</p> <p>The state Public Utilities Commission would lose its authority to set electric rates under a tentative deal announced yesterday that would transfer that power to the state Department of Water Resources.</p>

From Enron to Cheney to California

February 1, 2002  ·  Consumer Watchdog

<h3>Golden State politicians are on the warpath after a leaked memo reveals Kenneth Lay's instructions on how the White House should handle last year's electr...</h3><p class="source">Salon.com</p> <p>The release of a memo from then-Enron CEO Kenneth Lay to Vice President Dick Cheney that included recommendations for how to handle the California energy crisis is encouraging the state's top politicians to call for more hearings and investigations into</p>

Davis, PUC come to agreement to let state go into bond market

February 1, 2002  ·  Consumer Watchdog

<p class="source">Contra Costa Times</p> <p>A high stakes poker game was drawing to a close this week when Gov. Gray Davis and utility regulators reached a tentative agreement that would allow the state to fill a gaping, $6 billion hole in the budget.</p>

State regulators issue plan to pay state’s power debt

February 1, 2002  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>California's governor praised a proposal from state regulators that would allow the state to issue billions of dollars of bonds and funnel money from utility rates to pay its power-buying debt.</p>

Bailout Watch #87 – Jan 31, 2002

January 31, 2002  ·  Consumer Watchdog

<strong>BAILOUT WATCH: Keeping an eye on the energy industry and the politicians<br/> <br/> Bailout Watch #87 - Jan 31, 2002<br/> </strong><br/> <strong>Gray Davis for Governor? </strong>Apparently the Gov, with new polling info coming into...

Boxer, Feinstein seize on ‘smoking gun’ note

January 31, 2002  ·  Consumer Watchdog

<h3>White House actions mirrored Enron's ideas</h3><p class="source">The San Francisco Chronicle</p> <p>California's two senators pledged yesterday to turn up the heat on the White House after seeing what one called a "smoking gun" memorandum that highlights the close ties between Enron and the Bush administration.</p>

Enron collapse fans debate over US regulators’ role

January 22, 2002  ·  Consumer Watchdog

<p class="source">The Christian Science Monitor</p> <p>The Enron fiasco has a positive side.</p>

State May Be Re-Energized, but Powerful Questions Remain

January 20, 2002  ·  Consumer Watchdog

<p class="source">Los Angeles Times</p> <p>It's remarkable to recall, one year later, how bleak it all seemed at the time. In the third week of January 2001, after months of worrisome forecasts, the energy crisis finally appeared to crash down upon California.</p>

Enron role in state’s crisis due 2nd look

January 18, 2002  ·  Consumer Watchdog

<h3>Firm's energy trading, lobbying roles of interest</h3><p class="source">San Diego Union Tribune</p> <p>Allegations of accounting chicanery at Enron Corp. are causing California regulators and consumer advocates to reconsider the role played by the once-dominant company in the state deregulation debacle.</p>

Hoax

January 17, 2002  ·  Doug Heller

How deregulation let the energy industry steal billions from Californians. Read the report here.