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Deregulation Of The California Energy Market

 

Fighting Energy Deregulation
CCR was among the first organizations in the nation to challenge California’s energy deregulation plan that eventually led to the state’s devastating energy crisis and the Enron debacle.  CCR helped place on the ballot a 1998 initiative to reform the 1996 deregulation law.  Although it was defeated after energy companies spent tens of millions of dollars, the initiative and CCR’s critique of deregulation proved prescient and helped defend against the various energy company bailouts that lawmakers and the utilities proposed when the crisis hit.