The $10 billion jolt California's energy crisis : cowardice, greed, stupidity and the death of deregulation - Walsh, James (Silver Lake, 2004)
Includes index
California's energy deregulation drama made headlines for most of 2001and 2002. It has proven to be one of the biggest regulatory, political and public policy mistakes in the last hundred years of the American economy. The plan to deregulate California's electricity markets partially worked a strange alchemy on politics and business. The results cast a harsh light on: partisans who didn't fully understand their ideology; consumers who wanted cheap energy but no power plants in their neighborhoods; political compromises that ended up being far worse than extreme positions; and corporations ready to exploit new rules for what they thought was their immediate gain. This book explains what happened in the California energy crisis, why it happened and who was to blame