California's Power Crisis
3 August 2000 - 2:00pm
After leading the nation into a sweeping deregulation of the electric industry, California's electrical system is on the verge of failure.
After leading the nation into a sweeping deregulation of the electric industry, California's electrical system is on the verge of failure. "California's economy has surged in the last five years, a boom led by Internet and high-technology companies, which are voracious power users."
Source:
The New York Times, August 3, 2000
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