Well, there's no question that the law passed in 1996 was flawed. It deregulated the wholesale market, meaning the price that the utilities had to pay energy companies for power, but not the retail market.
More Quotes from Gray Davis:
We believe you will not have to pay more than the current rate structure proposes - which is, for 50 percent of the public, nothing; for another 25 percent, only a 10 percent increase; and for the remaining 25 percent, a 34 percent increase.Gray Davis
I don't know why they're doing it. I have to assume that their motives are positive, not negative. But they don't understand the severity of the problem in this state.
Gray Davis
Duke came to us. They volunteered to come to us and made a number of suggestions to some people on my staff. I don't know how I would characterize them, but there have been some discussions going back and forth between Duke and members of my staff.
Gray Davis
They're the Federal Energy Regulatory Commission, and they will not do that. They will not pull the trigger.
Gray Davis
Bill Simon's vision of the future is totally out of step and out of sync with Californians. He is pro-life, pro-gun, pro-voucher, pro- our crazy power deregulation scheme and pro-privatization. This is not Californians' vision of the future,
Gray Davis
If I passed on a 700 percent rate increase to the citizens of California, there would be an outrage -- the likes that you have never seen,
Gray Davis
Readers Who Like This Quotation Also Like:
Based on Topics: Law & Regulation Quotes, Power QuotesBased on Keywords: deregulated, utilities, wholesale
The right to have a slave implies the right in some one to make the slave; that right must be equal and mutual, and this would resolve society into a state of perpetual war.
William H. Seward
People don't really think other people are the same.
Stanley Crouch
If God is watching us, we might as well be interesting.
Solomon Short