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The "California Energy Crisis" is a cynical fiction |
| California usage is down slightly from last year |
| Californians use less electricity per capita than users in any other state |
| Most of North America shares the same electrical pool |
| The "crisis" is all about money | |
who benefits? |
| Providers are taking generation plants off-line, thereby "gaming" the price up artificially | |
Providers get premium prices, up to 20 times normal baseload price |
California's "De-regulation" failed miserably |
| Wholesale prices are NOT regulated
but Investor Owned Utilities (IOUs) CANNOT raise retail prices | |
electricity providers (Generators) are price-gouging |
| The IOUs claim they are being forced into bankruptcy | |
their sister companies, the producers, are making windfall profits |
| Politicians want to subsidize the "endangered" IOUs | |
corporate profits are going through the roof at tax-payer expense |
A fossil-fuel dependent energy CRISIS IS INEVITABLE |
| This false crisis is an excuse to pollute, raid wilderness, and build nuclear power plants | |
old-paradigm oil-dependent energy profiteers |
| The C-word -- Conservation -- does it mean "shiver in your cardigans" or "learn to
live better on less"? | |
are afraid they can't make money if the market moves beyond oil |