End of the road for California?
A bill aiming to re-regulate the California energy sector is progressing through the state’s legislature. Does this spell the end for California’s troubled experiment with deregulation? Kevin Foster finds market participants split over the issue
Democrat senator Dunn wants to overturn California’s 1996 deregulationlaw, which has been widely blamed for the shortages that caused price spikesand rolling blackouts in 2000–2001. And while no-one claims that deregulationin California has been a success, energy firms
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