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Blog Post
8/21/2001
Ratepayer Revolt
BAILOUT WATCH: Keeping an eye on the energy industry and the politicians Bailout Watch #68 - Aug 21, 2001 Back in the Sac. With three weeks left in this year's legislative session, we've entered the period of maximum danger to the public of a bailout. This is the time when the rules are waived, midnight hearings are held and backroom deal-making...
Blog Post
8/17/2001
Ratepayer Revolt
BAILOUT WATCH: Keeping an eye on the energy industry and the politicians Bailout Watch #67 - Aug 17, 2001 From Regulator to Regulated in two easy steps. First, use your high-power government job to allow corporations to make billions more than they should. Then, resign. Curt Hebert's seat at the Federal Energy Regulatory Commission (FERC) was...
Blog Post
8/15/2001
Ratepayer Revolt
BAILOUT WATCH: Keeping an eye on the energy industry and the politicians Bailout Watch #66 - Aug 15, 2001 All Quid no Quo. For months, Governor Davis has assured Californians that he is not pursuing a bailout of the utilities, but something more akin to a buyout: ratepayers give the beleaguered utilities fast cash, the utilities give Californians...
Blog Post
8/10/2001
Ratepayer Revolt
BAILOUT WATCH: Keeping an eye on the energy industry and the politicians Bailout Watch #65 - Aug 10, 2001 Davis's Department of Disregard. Recently, the DWR could be seen warming up for its role as the Governor's autocratic rate making agency, as it refused to open its power purchases to public scrutiny. The Department (whose forecasts have...
Blog Post
8/8/2001
Ratepayer Revolt
BAILOUT WATCH: Keeping an eye on the energy industry and the politicians Bailout Watch #64 - Aug 08, 2001 National Edition Prez. to Governors: We can deregula... I mean regulate your power grid for you. Addressing a meeting of the National Governors' Association, President Bush's Energy Secretary, Spencer Abraham, threatened to push legislation...
Blog Post
8/3/2001
Ratepayer Revolt
BAILOUT WATCH: Keeping an eye on the energy industry and the politicians Bailout Watch #63 - Aug 03, 2001 Public to Utilities: "Anything you can do we can do better." Skyrocketing electric bills. The looming threat of blackouts (well, sort of looming). Utilities on bankruptcy alert. What's a community to do? The answer is abundantly...
Blog Post
8/1/2001
Ratepayer Revolt
BAILOUT WATCH: Keeping an eye on the energy industry and the politicians Bailout Watch #62 - Aug 01, 2001 CALpine & CALifornia: Linked by prefix and scandal. Despite the shared prefix and Governor Davis's apparent affection for the company, the Calpine corporation serves its own shareholders, not the taxpayers of this state. But more than...
Blog Post
7/27/2001
Ratepayer Revolt
BAILOUT WATCH: Keeping an eye on the energy industry and the politicians Bailout Watch #61 - Jul 27, 2001 Message to lawmakers: Take your vacation (please). The Legislature's summer recess provides lawmakers with an important opportunity to talk to their constituents and find out what regular folks think of utility bailouts and electricity...
Blog Post
7/25/2001
Ratepayer Revolt
BAILOUT WATCH: Keeping an eye on the energy industry and the politicians Bailout Watch #60 - Jul 25, 2001 Last Wednesday, the California Public Utilities Commission (PUC) issued a proposed "Rate Agreement" with the California Department of Water Resources (DWR) that would virtually cede control over energy rates to Governor Davis and his...
Blog Post
7/18/2001
Ratepayer Revolt
BAILOUT WATCH: Keeping an eye on the energy industry and the politicians Bailout Watch #59 - Jul 18, 2001 Get Your Buckets Ready; It's Bailout Time! Lawmakers in Sacramento are falling over themselves trying to scrape together some way to bail out Edison. There's the Speaker's bill, which, according to a senior Edison official, speaking at an...