Energy

Energy-starved California crafts relief plan

January 25, 2001  ·  Harvey Rosenfield

<p class="source">The Associated Press</p> <p>Lawmakers are considering a plan under which California would issue bonds to cover the multibillion-dollar debts of its two biggest electric utilities and make customers pay the money back over a decade.</p>

NOW, CONSERVATION’S NAME OF POWER GAME

January 23, 2001  ·  Consumer Watchdog

<p class="source">The Daily News of Los Angeles</p> <p>As California officials struggle to find a solution to the crippling power crisis, criticism has increasingly focused on tepid efforts to push conservation measures - the only short-term way to deal with energy shortages.</p>

Legislature, Davis Take Emergency Measures

January 23, 2001  ·  Consumer Watchdog

<p class="source">THE ELECTRICITY DAILY</p> <p>After several days of deafening silence, California Gov. Gray Davis last week declared a state of emergency to allow California to buy electricity to pump into the under-supplied grid.</p>

Summer looms as big worry

January 22, 2001  ·  Consumer Watchdog

<p class="source">THE PRESS-ENTERPRISE (RIVERSIDE, CA.)</p> <p>Rolling blackouts across Northern California last week brought home the importance of the state's troubled power supply. But people who know the energy business know the real crunch could be six months away.</p>

Legislators considering taking over some plants, power lines

January 22, 2001  ·  Consumer Watchdog

<p class="source">The Associated Press</p> <p>Weekend negotiations among lawmakers resulted in plans ranging from having the state acquire the transmission systems of the state's two largest utilities to making the state the owner of their dams and hydroelectric plants.</p>

ALASKA’S SENATOR FRANK MURKOWSKI AND CONSUMER ADVOCATE HARVEY ROSENFIELD DISCUSS THE ENERGY CRISIS IN CALIFORNIA

January 22, 2001  ·  Harvey Rosenfield

<p class="source">CNBC - HARDBALL WITH CHRIS MATTHEWS</p> <p>Rolling power blackouts and the threat of more to come are making this a nightmare winter for California, and it's a nightmare that could come to you.</p>

State faces credit alert over rescue plan

January 20, 2001  ·  Consumer Watchdog

<h3>S&P move signals investors in state bonds to be cautious</h3><p class="source">Sacramento Bee</p>

STATE POWER WOES GROW

January 20, 2001  ·  Consumer Watchdog

<h3>BUSINESSES LOSE $ 1.7 BILLION DUE TO WEEK'S BLACKOUTS</h3><p class="source">The Daily News of Los Angeles</p> <p>California's energy crisis deepened Friday, costing millions in lost wages, lost production and lost confidence in the state's sterling credit.</p>

State may buy more electricity

January 19, 2001  ·  Consumer Watchdog

<h3>Legislature approves spending $400 million over 12 days to prevent blackouts.</h3><p class="source">The Orange County Register</p> <p>Taxpayers risk losing as much as $400 million in an emergency plan passed by the Legislature on Thursday that allows the state to dip into its general fund to buy electricity for the next 12 days to prevent further blackouts.</p>

State auditor threatens to subpoena PUC

January 19, 2001  ·  Consumer Watchdog

<p class="source">Sacramento Bee</p> <p>The state auditor last week threatened to issue subpoenas forcing the California Public Utilities Commission to cooperate with an investigation into the state's embattled power market.</p>

Rolling Blackouts: Day 2

January 19, 2001  ·  Consumer Watchdog

<h3>Legislature OKs crisis power bill</h3><p class="source">Sacramento Bee</p> <p>Rolling blackouts swept through Northern and Central California for a second straight day Thursday, as the state Legislature approved an emergency spending bill aimed at keeping the lights on</p>

LAWMAKERS VOTE TO USE RESERVE FUND AS BUSH REJECTS POWER PRICE CAPS

January 19, 2001  ·  Consumer Watchdog

<h3>OFFICIALS ACKNOWLEDGE THE $400 MILLION MIGHT NEVER BE RECOVERED. LIGHTS GO OUT AGAIN IN SOME AREAS, BUT REGULATORS EXPECT TO KEEP THEM ON FOR THE NEXT FEW DAYS.</h3><p class="source">Los Angeles Times</p> <p>The state Legislature on Thursday approved spending hundreds of millions of dollars of taxpayers' money to keep power flowing in California, eating into the state's multibillion-dollar surplus</p>