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Reply #6: The article you usually post about that [View All]

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Rose Siding Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-07-03 10:22 AM
Response to Reply #5
6. The article you usually post about that
says that dereg ended up not being a motive. In fact, VT is not deregulated:

Was deregulation a contributing factor to the blackout? It was the major contributing factor in the blackout. Deregulation left us vulnerable in many ways. In a deregulated market, maximizing profits is the main goal. Supply margins are manipulated to keep supply very low so that prices and profits are high. Maintenance and new construction are stopped and thousands of skilled workers are laid off. 160,000 were laid off in the deregulated markets of Pennsylvania, Ohio, New York and Ontario. The blackout happened in these areas but not in Vermont and Quebec which are still regulated. Deregulation has such a dismal record that 22 States have now shelved plans to deregulate. Even the World Bank now says, that water and electricity should not be privatized.

http://electricitycoalition.org/resources/Q%20for%20cands%202003_09.htm

If Dean actually favored dereg, don't you think that in all his years as a successful gov it would have happened?

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