Current Events — HabitableZone

Current Events » in reply to re: I'm sorry, but that's incorrect

I'm not an expert
alcaray — (archived)

But prior to deregulation, CA had old-fashioned, completely-controlled, energy prices. I don't get how the price of natural gas and electricity purchased from private concerns was controlled, but it was. In the old scheme, gouging was impossible.

I don't advocate going back to the old way of doing business. It may be, as conservatives will be quick to assert, that the way in which CA energy deregulation was done was flawed. And it made this mess inevitable. And that a better approach will lead to the lower prices that deregulation was supposed to provide.

On the other hand, I don't take anything away from your points about the unethical schemes used by Enron and other marketeers and providers. I hope that all of those schemes will be exposed and, if they aren't already illegal, made to be illegal.

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