I've rarely heard it better said! k
(On topicifier: appropriate artist: Dark Energy) >-----Original Message----- >From: James Hurlbut [mailto:[EMAIL PROTECTED] >Sent: Friday, August 15, 2003 4:40 PM >To: 313@hyperreal.org >Subject: (313) [OT]RE: (313) Power outages > > >On topic track name : "Energy Flash" - Beltram > >Really it has to do with the deregulation of the energy industry that went >on in this country around 1998. The US, with its faith in the market, >decided it would be good to treat essential human services as commodities >to be bought and sold for profit, making the electricity system as >volatile >as the stock market. In fact the energy wholesalers (people like Enron and >Global Crossing, you know those companies that stole billions from >taxpayers and employees and got a slap on the wrist?) are at an incentive >to keep the system dangerously low in reserves, because they are paid more >for providing reserve energy (that is energy below 18% of the capacity of >the system) than they are for providing energy above the 18% checkmark. >This means that after 1998 the local energy market in NY state was >providing only around 10% of the capacity of the system, the rest was >distributed from out of state investors or wholesalers, most of it from >Canada who makes a lot of income by providing power to the US. >This is what >happened here in California a year and a half ago when Enron was busy >shuttling power in and out of California getting paid for the energy each >time it entered the state and other dirty tricks. Of course the Bush >administration will use this as an excuse to build more power plants and >rush the permitting process, sidelining any weak environmental standards >and community issues still in place. Welcome to neocon xtreme capitalism, >where even terrorist threats get sold on the market! > >Oops, back to techno... > > > > >_____________________ >hurlbot >www.hurlbotics.com/mp3 >_____________________ > >
