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The Electric Slide.(California's energy crisis)
American Prospect, The, July, 2001 by SCHRAG, PETER
Tags: California, El Paso Corp., Federal Energy Regulatory Commission, Government, Governor
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> Late this spring, while hardly anyone was paying attention, the epicenter of the California energy crisis moved east. For a year, the focus had been on the state s misbegotten deregulation scheme and on Democratic Governor Gray Davis's dithering response to the mess it created. But in the past couple of months, there's been a seismic shift in emphasis and onus: to the out-of-state generators, marketers, and pipeline companies that have made exorbitant profits off the crisis; to the do-next-to-nothing Federal Energy Regulatory Commission (FERC) that's failed to cap runaway wholesale ...
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