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Energy

Meter Is Running on Fate of Edison

Meter Is Running on Fate of Edison

<h3>The governor orders lawmakers to reconvene to solve the utility's problems, but bankruptcy might happen first.</h3><p class="source">Los Angeles Times</p> <p>Now that the state Legislature has failed to pass a bill to rescue Southern California Edison, the state's second-largest electricity utility lingers in a dangerous limbo between nervous creditors and a rebellious state Senate that is refusing to back the</p>
Watchdogs prowl the Capitol

Watchdogs prowl the Capitol

<h3>Volunteers from the "War Room" lobby to stop the Edison bailout bill</h3><p class="source">Sacramento News & Review</p> <p>Today's battle would be crucial. If this mostly volunteer army could stop the offensive by Governor Gray Davis and the Democrats, there was hope for killing the $2.9 billion bailout package to Southern California Edison, and maybe even restoring the prosp</p>
Watchdogs Prowl the Capitol

Watchdogs Prowl the Capitol

<h3>Volunteers from the "War Room" lobby to stop the Edison bailout bill</h3><p class="source">Sacramento News & Review</p> <p>Today's battle would be crucial. If this mostly volunteer army could stop the offensive by Governor Gray Davis and the Democrats, there was hope for killing the $2.9 billion bailout package to Southern California Edison, and maybe even restoring the prosp</p>
Time running out on Edison deal

Time running out on Edison deal

<p class="source">The Associated Press</p> <p>State lawmakers prepared to rush through hundreds of measures in the remaining two days of the legislative session, but one massive issue remained unsolved Thursday - if and how the state will help Southern California Edison avoid bankruptcy.</p>
Bailout Watch #77 – Sep 12, 2001

Bailout Watch #77 – Sep 12, 2001

<strong>BAILOUT WATCH: Keeping an eye on the energy industry and the politicians<br/> <br/> Bailout Watch #77 - Sep 12, 2001<br/> <br/> SPECIAL SACRAMENTO LOBBYING EDITION<br/> <br/> "We mutually pledge to each other our...</strong>
Tying a Yellow Ribbon Around SoCal Edison

Tying a Yellow Ribbon Around SoCal Edison

<p class="source">THE ELECTRICITY DAILY</p> <p>While the California Legislature's Southern California Edison rescue bill goes to conference committee where details may be worked out by the end of session Sept. 14, lawmakers who have been pushing the bailout are skeptical that any compromise will a</p>
State Faces Crunch Time to Deal With Electricity Costs

State Faces Crunch Time to Deal With Electricity Costs

<h3>With one week left in legislative session, lawmakers and regulators want to resolve questions on how California will recoup its expenditures during power crisis</h3><p class="source">Los Angeles Times</p> <p>After a summer of delays, California regulators and legislators are aiming in one final week to resolve issues crucial to millions of electricity customers and the financial stability of the state and its utilities.</p>
Cal. Assembly OKs SCE Rescue Deal

Cal. Assembly OKs SCE Rescue Deal

<p class="source">Energy Daily</p> <p>California's State Assembly narrowly approved its version of a rescue plan for Southern California Edison late last week, although the $2.9 billion deal still faces an imminent, possibly nasty battle in the Senate.</p>
Bailout of Edison utility could ignite voter battle

Bailout of Edison utility could ignite voter battle

<h3>Consumer advocates say if the bill to help the utility passes they will try to overturn it with a ballot measure next year</h3><p class="source">Associated Press</p> <p>As lawmakers advance a plan to rescue Southern California Edison from bankruptcy, consumer advocates are gearing up for the ballot-box fight to overturn it.</p>
Assembly OKs Bill to Rebuild Edison’s Finances

Assembly OKs Bill to Rebuild Edison’s Finances

<h3>Foes say the plan, which faces hurdles in the Senate, is a bailout.</h3><p class="source">Los Angeles Times</p> <p>Despite threats of a ballot backlash, the state Assembly late Thursday approved a $2.9-billion bill to restore Southern California Edison to something close to financial health.</p>