California's energy crisis

Gov. Gray Davis of California, seeking cover in a political storm, has declared war on electricity deregulation. Last week, as he proposed a desperate and unconstructive response to an energy crisis, officials from other states watched with horror. Producers of natural gas, for whom electricity represents an important growth market, should assure them that California's problems are peculiarly Californian.The problem-and it's a big one-is the state's approach on many levels to matters involving energy. The permitting process for anything having to do with conventional energy, for example, is tortuous and time-consuming. Power-generating capacity, therefore, has fallen far behin...

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