From owner-freebsd-chat Tue Dec 19 21:39:36 2000 From owner-freebsd-chat@FreeBSD.ORG Tue Dec 19 21:39:34 2000 Return-Path: Delivered-To: freebsd-chat@freebsd.org Received: from lariat.org (lariat.org [12.23.109.2]) by hub.freebsd.org (Postfix) with ESMTP id 9233737B400 for ; Tue, 19 Dec 2000 21:39:33 -0800 (PST) Received: from mustang.lariat.org (IDENT:ppp0.lariat.org@lariat.org [12.23.109.2]) by lariat.org (8.9.3/8.9.3) with ESMTP id WAA20822; Tue, 19 Dec 2000 22:38:53 -0700 (MST) Message-Id: <4.3.2.7.2.20001219223202.0467c4e0@localhost> X-Sender: brett@localhost X-Mailer: QUALCOMM Windows Eudora Version 4.3.2 Date: Tue, 19 Dec 2000 22:38:44 -0700 To: cjclark@alum.mit.edu, Jeremiah Gowdy From: Brett Glass Subject: Re: CA Power Shortage (was Re: Why do you support Yahoo!) Cc: Jason , Doug Young , ldmservices@charter.net, chat@FreeBSD.ORG In-Reply-To: <20001219212210.M96105@149.211.6.64.reflexcom.com> References: <001d01c06a2d$279654d0$aa240018@cx443070b> <002301c06a1d$a52783c0$19bad818@debbie> <002701c06a25$27e7c9d0$aa240018@cx443070b> <006a01c06a40$11ffc580$ad181f40@bignet.net> <06fc01c06a28$7d9c3840$847e03cb@apana.org.au> <00b401c06a45$4d279020$ad181f40@bignet.net> <001d01c06a2d$279654d0$aa240018@cx443070b> Mime-Version: 1.0 Content-Type: text/plain; charset="us-ascii" Sender: owner-freebsd-chat@FreeBSD.ORG Precedence: bulk X-Loop: FreeBSD.org At 10:22 PM 12/19/2000, Crist J. Clark wrote: >That's really strange. A lot of the current shortage is due to the >fact that the power companies are legally not allowed to pass higher >costs to the consumers. That's not the full story. California power producers weighed the huge expense of building more power plants -- especially with California's environmental sentiments -- against the higher prices they would be allowed to reap if they didn't (due to deregulation and anticipated scarcity) and decided not to build. Now, with deregulation not yet complete, they have to take a loss on power they resell. Were deregulation complete, California customers would be gouged beyond belief, which would be even worse. This shows what happens when corporations have as much power over our lives -- if not more -- than governments. They effectively BECOME unelected governments, and their screwups affect public health and safety. --Brett To Unsubscribe: send mail to majordomo@FreeBSD.org with "unsubscribe freebsd-chat" in the body of the message