Regulatory Failure in the California Ele
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Steven Peterson; Charles Augustine
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Article
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2003
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Elsevier Science
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English
β 438 KB
The widely held view that FERC ''failed'' in its oversight of Western power markets is overly simplistic. It ignores the physical and political realities of the crisis. Above all, it ignores the fact that the crisis was solved not by FERC intervention but by vigorous state action that restored the b