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For what its worth, the rolling blackouts in California resulted in the state permitting a bunch of new plants fairly quickly. With luck that will happen in Tex
by ChuckMcM 7y ago
For what its worth, the rolling blackouts in California resulted in the state permitting a bunch of new plants fairly quickly. With luck that will happen in Texas.
- PhantomGremlin 7y agoFor what its worth, Kenny Boy and Skilling and Fastow had a lot to do with those blackouts. Wikipedia claims: These blackouts occurred as a result of a poorly designed market system that was manipulated by traders and marketers, as well as from poor state management and regulatory oversight. Subsequently, Enron traders were revealed as intentionally encouraging the removal of power from the market during California's energy crisis by encouraging suppliers to shut down plants to perform unnecessary maintenance Sadly, Kenny never did any time and Skilling and Fastow are both now out of jail. https://en.wikipedia.org/wiki/Enron#California's_deregulation_and_subsequent_energy_crisis https://en.wikipedia.org/wiki/Enron#California's_deregulatio...