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Author Walsh, James, 1964-

Title The $10 billion jolt : California's energy crisis : cowardice, greed, stupidity and the death of deregulation / James Walsh.

Publication Info. Los Angeles, Calif. : Silver Lake, [2004]
©2004

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Location Call No. Status
 Rocky Hill - Downloadable Materials  EBSCO Ebook    Downloadable
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Edition 1st ed.
Description 1 online resource (vi, 366 pages)
Note Includes index.
Print version record.
Summary California's energy deregulation drama made headlines for most of 2001and 2002. It has proven to be one of the biggest regulatory, political and public policy mistakes in the last hundred years of the American economy. The plan to deregulate California's electricity markets partially worked a strange alchemy on politics and business. The results cast a harsh light on: partisans who didn't fully understand their ideology; consumers who wanted cheap energy but no power plants in their neighborhoods; political compromises that ended up being far worse than extreme positions; and corporations ready to exploit new rules for what they thought was their immediate gain. This book explains what happened in the California energy crisis, why it happened and who was to blame.
Contents Preliminaries; contents; Introduction; The Feds vs. the Californians; The Theories that Shaped the California Plan; Lobbyists Define the Shape of the Plan; Steve Peace-a dedicated worker; Politics and the Plan; Stranded Costs Would Always Be the Problem; The Mechanics Under the CPX and the ISO; The Marketing Blitz That Never Quite Happened; All the Tricky Bonds; The Short Delay That Spoke Volumes; Consumers Didn't Care ... and Activists Didn't Think Clearly; Investors Feel the Effects; The Munis; NIMBY Politics Seal the Plan's Fate; The Flashpoints of Electricity Pricing.
What the Generators Were Doing ... and HowEnron; The Blackouts; Did Energy Companies Conspire to Scam the People?; Using Bankruptcy as a Bargaining Tool; Gray Davis and the Bail-Out; Cleaning Up the Mess; Conclusion; Index.
Subject Electric utilities -- Deregulation -- California.
Power resources -- California.
Energy industries -- California.
Energy policy -- California.
Electric utilities.
Business.
Political science.
TECHNOLOGY & ENGINEERING -- Power Resources -- General.
BUSINESS & ECONOMICS -- Industries -- Energy.
SCIENCE -- Energy.
Electric utilities -- Deregulation. (OCoLC)fst00906003
Energy industries. (OCoLC)fst00910110
Energy policy. (OCoLC)fst00910200
Power resources. (OCoLC)fst01074275
California. (OCoLC)fst01204928
Added Title Ten billion dollar jolt
California's energy crisis
Other Form: Print version: Walsh, James, 1964- $10 billion jolt. 1st ed. Los Angeles, Calif. : Silver Lake, 2004 1563437481 (OCoLC)50404959
ISBN 9781563438226 (electronic bk.)
1563438224 (electronic bk.)
1563437481 (electronic bk.)
9781563437489 (electronic bk.)
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