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Re: [RT] Another Panic Cut Sets Stage for Rate Hikes Next Year



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I think no one begrudges California its energy consumption, the point was
unwillingness to pay the social and environmental costs of hosting the
facilities (electric, gas and oil) required to produce the energy consumed.
Then California screams gouging when they have to pay the costs of acquiring
energy from those states which do pay the social and environmental costs. I
don't deny that there has been egregious corporate profiteering, however
elected California politicians disassembled a working power system in the
expectation of acquiring power from outside the state at bargain prices.

Earl

----- Original Message -----
From: "Me" <ibe98765@xxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Monday, April 23, 2001 3:19 PM
Subject: Re: [RT] Another Panic Cut Sets Stage for Rate Hikes Next Year


> Regarding use of energy in CA, I was surprised to come across the
> statistic below.  we don't use that much electricity per capita.  But
> because CA is a big state in terms of land area, we get blamed for
> total high consumption.  You've got to compare oranges with oranges...
>
> California is 48th in per-capita energy consumption. The state is
> 2nd -- behind Texas -- in total power consumed.
>
> Latest figures. Source: U.S. Department of Energy
>
> JW
>
> --- In realtraders@xxxx, "Earl Adamy" <eadamy@xxxx> wrote:
> > I agree with much of what you say, however there was a very well
> written
> > guest column on the WSJ editorial page a couple of weeks ago,
> setting forth
> > the case that Californians expect social, environmental, and
> economic
> > perfection without any trade-offs so it seems natural that costs
> there would
> > lead the rest of the country. It rang a bell when I read it,
> however I felt
> > that much of it was applicable to urbanized areas in the rest of
> the country
> > as well - remember those red and blue election maps? What I do know
> (living
> > in the Southwest), is that because Californians don't want energy
> facilities
> > built locally, California is draining off energy supplies (and
> water as
> > well) from surrounding areas thus driving scarcity and costs for
> the rest of
> > us. Unfortunately, too many Californians are now leaving their
> idealized
> > world and moving in with those of us who eschew urbanized America
> thereby
> > driving up housing costs along with water and energy consumption.
> >
>
> <snipped>
>
>
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