Energy

WALL STREET FIRM’S WEB SITE CALLS BLACKOUTS A TACTIC TO RAISE RATES

January 25, 2001  ·  Consumer Watchdog

<h3>INTERNET COMMENTARY SAYS THREAT OF 'THE UNTHINKABLE' WILL GET POLITICIANS TO ACT -- THE SAME COMPANY IS PROVIDING ADVISORS TO HELP HERTZBERG CRAFT SOLUTIONS</h3><p class="source">Los Angeles Times</p> <p>The same Wall Street firm that is advising Assembly Speaker Bob Hertzberg on solutions to the energy crisis stated on its Web site that the blackouts plaguing California are a tactic "likely intended to soften up the Legislature and the voters.</p>

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>

$ 1 BILLION HANDOUT?

January 19, 2001  ·  Consumer Watchdog

<h3>STATE WILL BUY POWER, PASS IT ON</h3><p class="source">The Daily News of Los Angeles</p> <p>Gov. Gray Davis and the state Legislature moved Thursday to increase their commitment to nearly $ 1 billion in taxpayer money to buy electricity without any clear plan to get paid back</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>