: Thoughts on the Nature and Future of Electric Power
     moderated by Michael Potts & Paul Gipe

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Bogus crisis:
Opinion by Michael Potts

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

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