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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...
Blog Post
7/11/2001
Ratepayer Revolt
BAILOUT WATCH: Keeping an eye on the energy industry and the politicians Bailout Watch #58 - Jul 11, 2001 FERC-gotten. The Federal bureaucrat in charge of mediating a settlement between the State of California and the private power companies that have gouged California says that the State is due virtually nothing. Despite the fact that...
Blog Post
7/5/2001
Ratepayer Revolt
BAILOUT WATCH: Keeping an eye on the energy industry and the politicians Bailout Watch #57 - Jul 05, 2001 View today's Bailout Watch Cartoon Saving face by losing facing. Finally acknowledging that the power contracts he signed are overpriced, Governor Davis proposed renegotiating them. A victory for California consumers, right? Not with Giveaway...