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Environment PRESS ROOM |
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California Government Policies Still to Blame for Electricity Crisis, Despite Enron
Submitted on 5.28.2002
San Francisco, CA — Despite recent Enron revelations, California’s electricity crisis of 2000-2001 was a product of misguided government policies, not corporate misconduct or market forces. This is revealed in Power to the People: An Economic Analysis of California’s Electricity Crisis and Its Lessons for Legislators, a new study by economist Benjamin Zycher, released today by the Pacific Research Institute.
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