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Enron is bankrupt. Perot Systems insists it didn't do anything wrong. Relatively honest energy companies are settling--admitting they gamed the California energy market.The California energy crisis continues to be more than just a news story. It's the framework for political and financial issues in the Golden State. And a new book from Silver Lake Publishing makes sense of this framework.THE 10 BILLION JOLT: California's Energy Crisis-Cowardice, Greed, Stupidity and the Death of Deregulation by Silver Lake editorial director James Walsh is the first comprehensive analysis of the state's ill-fated effort at deregulating its electricity market. Says Walsh:The politicians in Sacramento called the program "deregulation." But it wasn't really that. It was half-deregulation, in which producers and middlemen were able to manipulate prices while end-users were locked in to non-economic prices. It would be hard to come up with a worse situation if you were trying.THE 10 BILLION JOLT follows the market developments chronologically, but flashes forward and back to show how specific decisions and actions played out across a six-year arc starting in the spring of 1996 and leading to...today.Topics that the book covers include: the politics and politicians that crafted the market changes; how prices were set at various stages; how utilities differ from energy marketers and generators; why so many economists have a blind faith in the efficiency of deregulation; how various companies manipulated the California markets; why some of California's big utilities went bankrupt and others didn't; and why the blackouts of early 2001 haven't recurred."A lot of people talk about the energy crisis," says Walsh. "And ranting about Enron is easy. But consumers and voters need a better understanding of how this kind of thing happens-to avoid letting it happen again. The crooks at Enron only obscure a bigger problem."THE 10 BILLION JOLT: California's Energy Crisis-Cowardice, Greed, Stupidity and the Death of DeregulationJames WalshTrade paperback366 pages (6" x 9")Price: 19.95ISBN 1-56343-748-1.
Electric utilities --- Power resources --- Energy industries --- Energy policy --- Industries --- Electric companies --- Electric light and power industry --- Electric power industry --- Electric industries --- Public utilities --- Deregulation --- E-books
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This book explains the practical ramifications of diversity law. It shows how to comply ethically while minimizing the financial risks a company can face by addressing hot-button issues like race, gender and age discrimination. In plain English, it offers what readers need to know about: The Americans with Disabilities Act, the Civil Rights Act of 1991 and the Age Discrimination in Employment Act. More than 30 pages of worksheets and sample letters give readers tools for implementing what the case studies teach.
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Risk assessment --- Risk perception --- Risk management --- Social Change --- Sociology & Social History --- Social Sciences --- Awareness, Risk --- Risk awareness --- Perception --- Insurance --- Management --- Analysis, Risk --- Assessment, Risk --- Risk analysis --- Risk evaluation --- Evaluation
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