By 98-0, the Senate last week voted out what one lawmaker dubbedthe “strongest and most comprehensive” pipeline-safety bill everpassed in Congress, with provisions calling for stepped-upinspections for natural gas and hazardous liquid lines and stifferpenalties against safety violators.
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CA Lawmaker Proposes Tighter Price Caps
California’s leading state legislator for energy issues and thechief architect of its 1996 electricity restructuring law last weekdeclared the state’s electricity market as “not workablycompetitive” and urged that state energy authorities re-establishprice caps at their original levels to mitigate against extremeprice spikes when the weather heats up.
June 27, 2000
CA Lawmaker Says Generation Buyers Paid Too Much
In a surprising bit of candor, the chief political architect ofCalifornia’s 1996 electric industry restructuring law told a groupof industry participants at a statewide energy roundtablediscussion in San Diego that the state’s lawmakers intentionallyderegulated generation to draw out-of-state capital to pay off theenormous stranded costs of the state’s three major investor-ownedutilities.
January 28, 2000
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