2
“I HAVE GONE FROM ONE COMMITTEE TO ANOTHER, AND
HAVE BEEN PUT OFF HERE WITH PROMISES AND THERE WITH
MORE PROMISES.”
THAT IS WHAT FATHER YORKE SAID IN APRIL 1906 -- AS HE
STRUGGLED WITH BUREAUCRATIC RED TAPE TO PROVIDE
RELIEF AFTER A MUCH MORE VISIBLE KIND OF DISASTER
THAN THE ONE WE’RE TALKING ABOUT TODAY -- THE 1906
SAN FRANCISCO EARTHQUAKE AND FIRE.
GIVEN OUR EXPERIENCES OF THIS SUMMER, THOSE WORDS
FORM PART OF MY PERSPECTIVE TODAY.
THE AGONIZING ELECTRIC EXPERIENCE THAT WE HAVE HAD
THIS SUMMER IN CALIFORNIA, PARTICULARLY IN SOUTHERN
CALIFORNIA, BEGS THE QUESTION I HOPE TO ANSWER
TODAY:
IS DEREGULATION A GOOD IDEA…AND IS CALIFORNIA’S
APPROACH CORRECT?
THE SHORT ANSWER IS YES … AND NO. ULTIMATELY,
COMPETITION WILL WORK TO BRING ABOUT SUSTAINED
LOWER PRICES IN A MARKET WITH ADEQUATE SUPPLY. BUT,
WITHOUT ADEQUATE SUPPLY, CALIFORNIA’S APPROACH
NEEDS CONSIDERABLE REVAMPING.
OBVIOUSLY, ALL OF THE SPEAKERS HERE TODAY AND
TOMORROW ARE INTIMATELY FAMILIAR WITH THE EVENTS OF
RECENT MONTHS, AND OF THE FEDERAL ENERGY
REGULATORY COMMISSION’S ACTION YESTERDAY. MANY OF
YOU ATTENDING ALSO PROBABLY HAVE A GOOD
KNOWLEDGE OF WHAT HAS OCCURRED.
BUT I THINK IT STILL WOULD BE HELPFUL TO REVIEW WHAT
HAS HAPPENED, TO PUT THINGS IN PERSPECTIVE AND
INDICATE WHAT I BELIEVE WOULD BE PARTICULARLY
PRODUCTIVE AREAS FOR DISCUSSION.

3
SDG&E HAS SERVED SAN DIEGO AND SOUTHERN ORANGE
COUNTIES WITH ENORMOUS PRIDE FOR MORE THAN A
CENTURY AT WHAT – UNTIL EARLY SUMMER – WERE
REASONABLE PRICES.
OVER THE SUMMER…BECAUSE DEMAND EXCEEDED SUPPLY
AND BECAUSE OF A DYSFUNCTIONAL WHOLESALE MARKET –
MY WORDS AND THE FERC’S -- SMALL BUSINESSES THAT
SUPPORT THOUSANDS OF FAMILIES HAD TO FOLD BECAUSE
THEY COULDN’T AFFORD SKYROCKETING ELECTRICITY
PRICES. HOMEOWNERS ACROSS THE REGION STRUGGLED
WITH ELECTRIC BILLS THAT DOUBLED AND TRIPLED. AND
OUR EMPLOYEES WERE VERBALLY AND SOMETIMES
PHYSICALLY ABUSED BY ANGRY CUSTOMERS.
WE SHARE IN THE RESPONSIBILITY FOR THIS CRISIS…AND IN
COMING UP WITH SOLUTIONS TO FIX IT. WE, ALONG WITH
VIRTUALLY EVERYONE ELSE FROM BUSINESS, CONSUMER
GROUPS AND COMMUNITY INTERESTS ALIKE SUPPORTED
DEREGULATION WHEN THE STATE LEGISLATURE
UNANIMOUSLY ENACTED AB1890 IN 1996.
AND NO ONE…INCLUDING MY COMPANY … FORESAW THE
MAGNITUDE OF THIS SUMMER’S RUN- UP IN PRICES.
UP TO NOW, THE CALIFORNIA STATE LEGISLATURE AND THE
CALIFORNIA PUBLIC UTILITIES COMMISSION HAVE PROVIDED
OUR CUSTOMERS WITH SHORT-TERM RELIEF, IN THE FORM
OF A RETAIL PRICE CAP, BUT NO LONG-TERM SOLUTIONS.
IN SEPTEMBER, A NEW STATE LAW – AB 265 – WENT INTO
EFFECT. WHILE WELL INTENTIONED, THE LAW IS MERELY A
QUICK FIX THAT PERHAPS COULD DO LITTLE TO ADDRESS
THE SERIOUS STRUCTURAL PROBLEMS AND
DYSFUNCTIONALITY THAT CURRENTLY EXIST IN THE
WHOLESALE ELECTRICITY MARKET.
BY REQUIRING SDG&E TO PAY THE MARKET PRICE FOR
ELECTRICITY BUT SELL IT AT A FIXED PRICE BELOW MARKET,
WHICH FLOATS DOWNWARD WITH ENERGY PRICES, THE NEW

4
LAW SIMPLY CREATES A LOAN FOR OUR CUSTOMERS WITH A
HUGE BALANCE THAT WILL COME DUE TWO OR THREE YEARS
FROM NOW.
THE FERC TOOK THE FIRST STEPS YESTERDAY IN
RESHAPING WHAT THEY SAY IS A “SERIOUSLY FLAWED”
WHOLESALE MARKET. I’LL ADDRESS THEIR ACTIONS IN
DETAIL A LITTLE BIT LATER IN MY REMARKS.
SO WHAT HAPPENED HERE?
PRICES IN JUNE, JULY AND AUGUST OF THIS YEAR WERE 4 TO
5 TIMES HIGHER THAN LAST YEAR. LET ME ILLUSTRATE THIS
WITH CHARTS COMPARING 1999 AND 2000.
THIS FIRST SLIDE SHOWS 1999 PRICES AND 2000 PRICES –
SCATTERED ALL OVER THE CHART.
THE SECOND CHART COMPARES AUGUST 23, 1999, AND
AUGUST 23, 2000. DEMAND IN 1999 ACTUALLY WAS HIGHER
AT 41,000 MEGAWATTS THAN THIS YEAR’S 38,000
MEGAWATTS.
THE THIRD CHART SHOWS THAT THE HIGH ELECTRIC PRICES
SEEMED TO BEAR NO RELATION TO HIGHER NATURAL GAS
PRICES, AND THUS GAS PRICES CANNOT BE ADVANCED AS
REASON FOR LAST SUMMER’S PRICE SPIKES.
HIGHER NATURAL GAS PRICES, FEWER IMPORTS AND
GREATER DEMAND CANNOT EXPLAIN OR JUSTIFY THIS LEVEL
OF PRICE INCREASE. THERE IS NO PATTERN – THESE
CHARTS SHOW A MARKET THAT’S CLEARLY BROKEN.
THE BOTTOM LINE: THE CALIFORNIA ELECTRICITY MARKET IS
NOT WORKABLY COMPETITIVE MANY HOURS OF THE YEAR;
OPERATES INEFFICIENTLY MOST HOURS OF THE YEAR;
RARELY SENDS ACCURATE PRICE SIGNALS; AND, THE FERC
NOW AGREES, PRODUCES PRICES THAT ARE NOT “JUST AND
REASONABLE.”

5
LET ME BE CLEAR. WE CONTINUE TO BELIEVE THAT
DEREGULATION WILL PRODUCE ENORMOUS BENEFITS TO
THE ECONOMY AND OUR CUSTOMERS WHEN THE MARKET IS
WORKABLY COMPETITIVE AND HAS ADEQUATE SUPPLY. BUT,
WHEN THE MARKET IS NOT WORKABLY COMPETITIVE, IT
MUST BE MADE SO.
THE SIMPLE FACT IS THAT, BECAUSE OF FLAWS IN ITS
DESIGN, THE ELECTRIC MARKET HAS FAILED TO RESPOND
APPROPRIATELY TO THIS ENORMOUS SUPPLY SHORTFALL.
IN THE CALIFORNIA ELECTRIC MARKET, FOR EXAMPLE, THERE
WAS A BALANCE BETWEEN SUPPLY AND DEMAND AS
RECENTLY AS 1995, AND A CONSEQUENT COMFORT IN
PRICING. SINCE THEN, HOWEVER, DEMAND HAS SURGED
UPWARDS AT AN ANNUAL RATE OF 4.5%, WHILE SUPPLY HAS
LAGGED BEHIND WITH ONLY ONE-PERCENT GROWTH.
CALIFORNIA’S ECONOMIC GROWTH REQUIRES TWO NEW
POWER PLANTS A YEAR – JUST TO KEEP UP. THE NEW
ECONOMY IS THE CHIEF REASON.
WHO HERE HAS A PALM PILOT? RAISE YOUR HANDS.
ARE YOU AWARE THAT ONE PALM PILOT REQUIRES THE SAME
AMOUNT OF ENERGY AS A REFRIGERATOR – GIVEN THE
INFRASTRUCTURE REQUIREMENTS THAT LIE BEHIND IT?
E-COMMERCE HAS HAD A HUGE IMPACT ON OUR POWER
NEEDS.
ENERGY IS STILL THE LIFEBLOOD OF OUR ECONOMY.
VIRTUALLY ALL THAT WE DO… AS A STATE AND AS A
NATION… HINGES ON THE AVAILABILITY AND AFFORDABILITY
OF ENERGY.
MEASURES NEED TO BE TAKEN IN THREE AREAS: THE
WHOLESALE MARKET REGULATED BY THE FEDERAL ENERGY

6
REGULATORY COMMISSION, THE RETAIL MARKET AND THE
ROLE OF STATE GOVERNMENT.
WHOLESALE MARKET
WE BELIEVE THAT COMPLETE AND PROPER REFORM OF THE
CALIFORNIA ELECTRIC MARKET WILL REQUIRE MANY
CHANGES IN THE CURRENT PRICING, SCHEDULING AND
SETTLEMENT RULES.
IN A FILING MADE TO THE FERC TWO WEEKS AGO, WE
OUTLINED 17 STRUCTURAL REFORMS, CENTERED ON:
CONSOLIDATING THE STATE’S SHORT-TERM POWER
MARKETS AND TRANSMISSION OPERATIONS UNDER THE
CALIFORNIA INDEPENDENT SYSTEM OPERATOR; ALTERING
THE MAKE-UP OF THE ISO GOVERNING BOARD; AND SETTING
TEMPORARY PRICE CAPS OF $100 PER MEGAWATT-HOUR.
IT APPEARS THAT THE FERC AGREES THAT STRUCTURAL
REFORM IN THE CALIFORNIA WHOLESALE MARKET MUST
BEGIN WITH THE ISO AND THE PX. FERC HAS RECOMMENDED
THAT INDEPENDENT, NON-STAKEHOLDER GOVERNING
BOARDS BE ESTABLISHED FOR BOTH POWER AGENCIES.
FERC ALSO HAS PROVIDED THAT THE STATE’S THREE MAJOR
UTILITIES BE AFFORDED MORE FORWARD-BUYING
AUTHORITY OUTSIDE OF THE PX TO REDUCE RELIANCE ON
VOLATILE SPOT MARKETS.
ADDITIONALLY, FERC HAS PROVIDED FOR A $150-A-MEGAWATT-
HOUR “SOFT” CAP IN THE DAILY PX AND ISO
AUCTIONS. IF POWER IS SHORT ON ANY PARTICULAR DAY,
AND THE ISO NEEDS TO PAY ABOVE THIS PRICE, ALL
PARTICIPANTS IN THE AUCTION WOULD NOT SHARE THE
WEALTH, AS THEY DID LAST SUMMER. THE HIGHEST SHARED
CLEARING PRICE WOULD BE $150 PER MEGAWATT-HOUR,
AND THE PARTICIPANT RECEIVING MORE THAN THAT WOULD
HAVE TO EXPLAIN WHY.
IS FERC’S ACTION ENOUGH? WE WILL HAVE TO SEE, BUT IT’S
CERTAINLY A STEP IN THE RIGHT DIRECTION. WE WILL BE

7
COMMENTING FURTHER IN THE PROCEEDING BY NOVEMBER
22. WE ARE DEEPLY DISAPPOINTED THAT THE FERC HAS NOT
ORDERED REFUNDS OF THIS SUMMER’S HIGH PRICES, AS IT
FOUND THE RATES WERE NOT JUST AND REASONABLE. WE
REMAIN HOPEFUL, HOWEVER, THAT UPON FURTHER
DEVELOPMENT OF THE RECORD, THE FERC MAY YET ORDER
SPECIFIC REFUNDS, IF IT FINDS ABUSES OF MARKET POWER.
FUNDAMENTALLY, CALIFORNIA SUFFERS FROM A POWER-SUPPLY
SHORTFALL. NEW POWER PLANTS MUST BE BUILT
AND APPROPRIATE GAS AND ELECTRIC
INTRAFRASTRUCTURE CONSTRUCTED.
IS $150 PER MEGAWATT-HOUR ENOUGH TO STIMULATE THIS
CONSTRUCTION? I BELIEVE IT IS FOR NEW, COMBINED-CYCLE,
GAS-FIRED GENERATION, BUT IT MAY BE INADEQUATE
TO SUPPORT NEW PEAKING CAPACITY. HIGHER PRICES MAY
HAVE TO BE PAID FOR THIS CAPACITY.
I BELIEVE POLICYMAKERS NEED TO SUPPORT THE
DEVELOPMENT OF NEW POWER-PLANT CAPACITY BY
EXPEDITIOUSLY PROCESSING AND APPROVING NATURAL GAS
AND ELECTRIC SYSTEM INFRASTRUCTURE IMPROVEMENTS,
WHERE NEEDED, TO MEET THIS DEMAND.
WHILE WE FOCUS TODAY ON THE ELECTRIC MARKET, LET ME
BRIEFLY NOTE THAT THE RELATIONSHIP BETWEEN NATURAL
GAS AND ELECTRICITY CAN NO LONGER BE A SEPARATE
DISCUSSION. EXISTING ELECTRIC-GENERATION FACILITIES,
WHILE CAPABLE OF BURNING FUEL OIL, ARE ESSENTIALLY
LIMITED TO USING NATURAL GAS BECAUSE OF AIR-EMISSION
REGULATIONS.
ABOUT 40 PERCENT OF CALIFORNIA’S POWER PLANTS ARE
FUELED BY NATURAL GAS. NEW NATURAL GAS-FIRED
PLANTS ARE THE BIGGEST REASON NATIONAL GAS
CONSUMPTION IS EXPECTED TO RISE 30 PERCENT FROM

8
CURRENT LEVELS BY 2010. DISTRIBUTED GENERATION ALSO
WILL ADD TO THIS DEMAND.
OF THE 50 NEW ELECTRIC GENERATION PLANTS LICENSED
FOR THE WESTERN REGION, ALL USE NATURAL GAS. THERE
IS NO POINT IN BUILDING THEM, UNLESS AN ADEQUATE
SUPPLY OF NATURAL GAS CAN BE ASSURED – AND
DELIVERED ON AN ECONOMICALLY EFFICIENT BASIS.
INVENTORIES OF NATURAL GAS HAVE BEEN INADEQUATE
BECAUSE, UNTIL RECENTLY, ECONOMIC INCENTIVES HAVE
BEEN FEW AND FAR BETWEEN FOR GAS PRODUCERS TO
SEARCH FOR NEW SOURCES. BY THE WAY OF INCENTIVES, I
MEAN THAT THE PRICE OF NATURAL GAS WAS NOT
SUFFICIENT TO SPUR THE LEVEL OF EXPLORATION AND
PRODUCTION REQUIRED TO MEET OUR EXPECTED NEEDS
GOING FORWARD.
WE MUST EXPECT HIGHER NATURAL GAS PRICES AND, THUS,
HIGHER ELECTRIC PRICES FOR A SUSTAINED PERIOD. AT
SDG&E AND SOCALGAS, GAS BILLS ARE EXPECTED TO BE 30
TO 40 PERCENT HIGHER THIS WINTER.
FURTHERMORE, I BELIEVE ELECTRICITY IS AN EQUALLY
NECESSARY, IF NOT MORE NECESSARY, SOCIAL GOOD FOR
THE FUNCTIONING OF OUR SOCIETY AS NATURAL GAS FOR
RESIDENTIAL AND SMALL-COMMERCIAL CUSTOMERS. WE
MUST ASSURE ITS DELIVERY AND RELIABILITY.
THE STATE’S GAS UTILITIES CURRENTLY BUILD THEIR
DELIVERY SYSTEMS’ CAPACITY TO SUPPLY CORE
CUSTOMERS ON A 30-YEAR COLD WINTER DAY. I BELIEVE
THAT REQUIREMENT SHOULD BE CHANGED TO THE GREATER
OF THAT COLD WINTER DAY AND THE ELECTRIC-GENERATION
REQUIREMENT ON A PEAK SUMMER’S DAY.
INCIDENTALLY, BOTH OUR SOCALGAS AND SDG&E UTILITIES’
SUMMER GAS PEAK EXCEEDED THEIR WINTER GAS PEAK FOR
THE FIRST TIME THIS YEAR.

9
THE COSTS OF BUILDING THE GAS SYSTEM TO THIS NEW
STANDARD CAN BE ALLOCATED BY TRADITIONAL RATE-DESIGN
METHODOLOGIES.
THE PRODUCTION OF ELECTRICITY CLEARLY IS A HIGH
PRIORITY FOR OUR ECONOMY, AND THIS SHOULD RESULT IN
FUNDAMENTAL AND DESIRABLE CHANGES IN ENERGY
POLICY.
RETAIL MARKET
AS THE WHOLESALE ELECTRIC MARKET BECOMES
WORKABLY COMPETITIVE IN THE NEXT SEVERAL YEARS
THROUGH THE ADDITION OF NEW CAPACITY, AS I BELIEVE IT
WILL – 14,000 NEW MEGAWATTS ARE IN THE PIPELINE -- WE
MUST ENSURE THE RETAIL MARKET IS PROTECTED FROM
THE PRICE SPIKES EXPERIENCED BY SAN DIEGANS THIS
SUMMER. THE HALLMARKS OF THIS EFFORT SHOULD BE
PREDICTABILITY AND STABILITY.
WE SHOULD ENSURE THAT CUSTOMERS WHO DON’T CHOOSE
ANOTHER POWER SUPPLIER CAN PLAN AND PREDICT
ELECTRIC PRICES – AND NOT BE SURPRISED AND DISRUPTED
BY SPIKES. AS PG&E AND EDISON REACH THE END OF THEIR
RATE FREEZE PERIODS, A SMOOTHING PLAN SHOULD BE IN
PLACE TO TRANSITION RETAIL CUSTOMERS TO THE FREE
MARKET STATEWIDE.
SEMPRA ENERGY ENCOURAGES A TRENDING IN RETAIL RATE
CAPS FOR ALL UTILITIES. WE SUGGEST THE CPUC PUT IN
PLACE FROZEN AND STEPPED RATES – BASED ON
FORECASTING – THAT ALLOW UNDERCOLLECTIONS TO BE
AMORTIZED AND RECOUPED IN THE CHEAPER PERIODS OF
THE ELECTRIC MARKET, UNTIL WORKABLE COMPETITION
EXISTS TO DISCIPLINE PRICES IN THE WHOLESALE MARKET.
ULTIMATELY, THE PEOPLE OF CALIFORNIA SHOULD PAY FOR
THE FULL VALUE OF ELECTRICITY. BUT IT IS NECESSARY FOR
PUBLIC POLICY TO EASE THE TRANSITION TO A FREE
MARKET.

10
WITHOUT THIS KIND OF SMOOTHING PLAN IN PLACE, WE PUT
OUR ECONOMY AT RISK.
WHEN I WAS IN THE MARINE CORPS, OFFICERS COULD
BORROW A MONTH’S PAY IN ADVANCE -- IT WAS CALLED A
“DEAD HORSE.” CALIFORNIA HAS A DEAD HORSE RIGHT NOW
OF BILLIONS OF DOLLARS. AND WE’RE GOING TO DRAG THAT
HORSE AROUND WITH US TILL IT’S PAID BACK. WE MUST
MAKE SURE THAT THE HORSE ISN’T SO LARGE THAT IT
CRUSHES THE BORROWERS AND CONSUMERS IN CALIFORNIA
AND RUINS CALIFORNIA’S ECONOMY. A TRENDED RATE PLAN
WILL MEAN HIGHER ELECTRIC PRICES…BUT PRICES THAT
ARE PREDICTABLE AND STABLE AND THAT CAN BE
ABSORBED BY BUSINESS AND CONSUMERS IN AN ORDERLY
MANNER.
WE MUST ALSO EMPHASIZE OTHER WAYS THAT CONSUMERS
CAN MANAGE THE DEMAND SIDE OF THE ELECTRICITY
EQUATION — THROUGH WEATHERIZATION AND OTHER
ENERGY-EFFICIENCY AND CONSERVATION MEASURES.
CUSTOMERS MUST BE GIVEN THE ABILITY TO SAY “NO” TO
EXCESSIVE ELECTRICITY PRICES WITH THE HELP OF REAL-TIME
ELECTRIC METERING. AFTER ALL, THE ABILITY OF
CONSUMERS TO RESPOND TO PRICE SIGNALS IS A CRITICAL
INGREDIENT IN ANY COMPETITIVE MARKET.
WE MUST BE PREPARED – THROUGH INNOVATIVE RATE
DESIGN -- TO PROTECT CONSUMERS WHO ARE NOT ABLE TO
ACCOMMODATE THE CHANGE TO REAL-TIME PRICING, SUCH
AS THOSE ON FIXED INCOMES OR WHO HAVE SENSITIVE
MEDICAL NEEDS FOR ENERGY USE.
ENERGY-CONSERVATION PROGRAMS SHOULD BE
STRENGTHENED. REDUCING OUR TOTAL ENERGY
REQUIREMENTS THROUGH DEMAND-SIDE RESPONSES ALSO
WILL REDUCE OUR CONSUMPTION OF RESOURCES AND AIR
EMISSION OF POLLUTION.

11
STATE’S ROLE MUST EVOLVE
THE SECURITY AND ECONOMIC VIABILITY OF CALIFORNIA
DEPENDS ON SOLVING THESE ENERGY ISSUES. GOVERNOR
DAVIS HAS STEPPED UP TO THE PLATE TO HELP SOLVE
CALIFORNIA’S ENERGY CRISIS. HE HAS SPONSORED AND
SIGNED INTO LAW LEGISLATION TO EXPEDITE THE SITING OF
POWER PLANTS AND OTHER CRITICAL FACILITIES.
BUT MORE COURAGEOUS LEADERSHIP IS REQUIRED. I CALL
ON GOVERNOR DAVIS TO SPEAK OUT ON “NIMBY” ISSUES.
WHEN NEW FACILITIES ARE NECESSARY, EXPEDITION OF
LICENSING SHOULD BE ACCOMPANIED BY
PRONOUNCEMENTS FROM THE GOVERNOR AND OTHER
STATE OFFICIALS AS TO THEIR NECESSITY FOR THE
WELFARE OF THE WHOLE STATE.
WE NOW DISPATCH ELECTRIC GENERATION AND
TRANSMISSION ON A STATEWIDE BASIS AND NEW FACILITIES
ARE INTERCONNECTED, BENEFITTING THE WHOLE STATE.
LET ME GIVE YOU AN EXAMPLE. SDG&E’S PROPOSED 500KV
ELECTRIC-TRANSMISSION LINE, CALLED “VALLEY-RAINBOW” --
WHICH WILL PROVIDE A CRITICAL LINK FOR THE OVERALL
ELECTRIC GRID IN THE WESTERN REGION -- IS ONE SUCH
PROJECT THAT BEGS THE INVOLVEMENT OF LEADERSHIP.
THIS IMPORTANT TRANSMISSION LINK WAS UNANIMOUSLY
ENDORSED BY THE CAL-ISO. NOW, BECAUSE OF PUBLIC
OUTCRY IN CALIFORNIA’S RIVERSIDE COUNTY, THE PROJECT
HAS STALLED IN A QUAGMIRE OF ‘NIMBY’ OPPOSITION, WHICH
ASKS “WHY SHOULD RIVERSIDE SUFFER FOR THE BENEFIT OF
SAN DIEGO?”
THE GOVERNOR SHOULD LET THE PEOPLE OF RIVERSIDE
KNOW THAT THE PROJECT BENEFITS THEM AND THE REST OF
THE STATE, NOT JUST SAN DIEGO. IT WOULD BE
ENORMOUSLY HELPFUL, IF THIS MESSAGE CAME FROM AN
AUTHORITATIVE SOURCE, NOT JUST THE DEVELOPER,
SDG&E.

12
CONCLUSION
THOSE, THEN, ARE SEMPRA ENERGY’S SUGGESTIONS FOR
HOW TO ADDRESS THE DYSFUNCTIONALITY OF THE
ELECTRIC MARKET HERE IN CALIFORNIA.
BUT, EVEN THESE MEASURES WILL MEET ONLY SOME OF THE
CHALLENGES TO THE EFFICIENT PROVISION OF ENERGY FOR
THIS STATE. THIS IS BECAUSE CALIFORNIA DOES NOT
OPERATE IN COMPLETE ISOLATION. OUR STATE IS IMPACTED
BY ENERGY MARKETS THROUGHOUT THE UNITED STATES –
AND, INDEED, BEYOND. (Emphasis added by WebEditor).
THAT’S WHY IT SEEMS ABUNDANTLY CLEAR TO ME THAT
CALIFORNIA, AND THE REST OF THE COUNTRY,
DESPERATELY NEED A NATIONAL ENERGY POLICY.
THE FACT IS THAT, EVERY DAY THAT PASSES WITHOUT A
SOUND NATIONAL ENERGY POLICY, CONSUMERS, UTILITIES
AND OUR ECONOMY AS A WHOLE WILL CONTINUE TO BEAR
THE BURDEN OF EXCESSIVE ENERGY COSTS.
THANK YOU.

1. "Export of Natural Gas from California to Mexico".

2. "Export of Electric Power from California to Mexico".

Top of Page - Clinical Freedom Home Page - Freedom of Choice Medical Care - Curent Events -