Energy

Generators Add to Davis Coffers

November 16, 2001  ·  Consumer Watchdog

<h3>To critics' dismay, he accepts $50,000 from energy firms, saying they're not on 'gougers list.'</h3><p class="source">Los Angeles Times</p> <p>Gov. Gray Davis accepted $50,000 in campaign donations from power companies in October, after having sworn off raising money from them as the energy crisis worsened earlier this year, campaign finance reports show.</p>

Smaller Rival to Acquire Teetering Enron

November 10, 2001  ·  Consumer Watchdog

<h3>Energy giant that pressed for deregulation in California is on the brink of collapse.</h3><p class="source">Los Angeles Times</p> <p>Enron Corp., the once-highflying energy giant whose aggressive efforts to profit from California's energy deregulation made it a target of consumer and political backlash, on Friday agreed to be saved from possible financial collapse through a proposed a</p>

Judge refuses to grant stay in $3.3 billion settlement

November 9, 2001  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>Opponents promised to take their case to a higher court after a federal judge refused Friday to block a $3.3 billion settlement between Southern California Edison and power regulators.</p>

Enron not California’s largest power supplier, but merger could affect prices

November 9, 2001  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>When Houston-based Dynegy Inc. announced Friday that it had bought Enron, its larger rival for $7.8 billion shares of stock, some energy traders predicted fluctuating power prices in the coming months throughout the West as the market settles into a new h</p>

Powerful committee chairman has multiple fund-raising activities going

November 8, 2001  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>When Assemblyman Rod Wright cut short a committee hearing last August, he said lawmakers needed more time to study a complicated utility bailout plan before voting on it.</p>

Enron in Takeover Talks With Dynegy

November 8, 2001  ·  Consumer Watchdog

<p class="source">Los Angeles Times</p> <p>Enron Corp., the troubled energy-trading giant, was in talks Wednesday over a possible takeover by Houston neighbor and rival Dynegy Inc., industry sources said.</p>

California tones down insults as Enron experiences woes of its own

November 4, 2001  ·  Consumer Watchdog

<p class="source">The Houston Chronicle</p> <p>If there's one market that might applaud the mounting financial woes facing energy giant Enron Corp., it's California, whose power sector was shattered by the market deregulation that Enron tirelessly champions.</p>

Federal court temporarily blocks Edison debt payment plan

October 31, 2001  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>A federal appeals court temporarily has blocked a settlement between California's second-largest utility and state power regulators that would keep electric rates at record highs for the next two years.</p>

Court Halts Southern California Edison Rescue

October 31, 2001  ·  Consumer Watchdog

<p class="source">Energy Daily</p> <p>Throwing a wrench in state plans to rescue financially ailing Southern California Edison, an appeals court Tuesday gave consumer groups a reason to cheer by temporarily staying an agreement between the utility and state regulators, sending it back before</p>

Threats expose health care problems

October 30, 2001  ·  Consumer Watchdog

<p class="source">San Diego Union Tribune</p> <p>The current anthrax scare should send an urgent message to employers that they must now grab the extended hand of the medical community in order to fix a broken public health care system that undeniably affects us all.</p>

Low demand led state to give away power, pay utilities to take it

October 26, 2001  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>Demand for electricity in California has been so low at times that the state has had to give away power and even pay utilities to take it, according to state financial records.</p>

Bailout Watch #85 – Oct 24, 2001

October 24, 2001  ·  Consumer Watchdog

<strong>BAILOUT WATCH: Keeping an eye on the energy industry and the politicians<br/> <br/> Bailout Watch #85 - Oct 24, 2001<br/> <br/> Edison rolling in $$$.</strong> In the third quarter of this year, Southern California Edison, which is...