To this day public ownership means lower rates. These generators should be allowed 10 percent on their investment, like the old days, before deregulation. He should create a California Power Authority to buy out the systems for the generation, transmission, and distribution of electricity. He should remove the barriers to the creation of publicly owned electricity systems. He should create a California Power Authority with the authority to issue bonds to buy out the systems for the generation, transmission, and distribution of electricity.
Time is of the essence.
Governor Davis should act now, even if he must go against his natural caution and previous indoctrination in the wonders of the free market. Just as war is too important to leave to the generals, electricity is too important to turn over to the Confederate Cartel. People, Politics and the Struggle for a Solar Economy . He lectures on energy, labor, and the environment and co-founded the Coalition for Local Power in Davis, California.