California didn't deregulate enough. Deregulation will lower costs. Electricity demand is driving prices up. There's not enough power for California. Environmental laws are blocking new power plants in California.
Deregulation helps the environment.
California's energy crisis is best resolved through state, not federal, actions. California's utilities were forced to sell their power plants. California's utilities are close to bankruptcy and need to be bailed out. Deregulation is working elsewhere. In a series of recent reports, Palast has examined the forces molding Bush's energy plan.