An orderly transition will set in place a regulatory framework for customer protection and provisions for safety, reliability, financial stability and environmental integrity. With respect to the environment, I believe that electricity reforms can create positive new opportunities to benefit the environment. Clearly, our commitment to protect the environment must not be compromised in the transition to market forces. Competition will fuel improvements I spoke earlier of the natural apprehension some may feel at the prospect of competition. But my view is different.
Competition is like a marathon.
No one ever won a marathon by sitting on the couch. By staying with the status quo. Or without flexing, toning and building up muscle. My contention is that competition will build up the industry's muscle power. Because that's what has happened elsewhere.