|
|
Environment PRESS ROOM |
|
|
|
Legislature's plan for Edison will force utility into bankruptcy, says economist's report
Submitted on 8.24.2001
San Francisco, CA – The California state government plan for dealing with Southern California Edison’s debts, despite intentions, will force the utility into bankruptcy, shift the responsibility to other creditors, and turn back the clock to the pitfalls of excessive government regulation and inefficiency in the energy sector, economist Benjamin Zycher warned today.
PUC move to block "direct access" to power will harm energy consumers and the economy, says leading economist
Submitted on 8.21.2001
San Francisco, CA – The expected move this week by the California Public Utilities Commission (PUC), to suspend the right of consumers to “direct access” to electricity suppliers will harm California consumers and further distort the state’s economy and long-term energy market, economist Dr. Benjamin Zycher warned today.
|
|
|
 |
