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Originally Posted by Tron_fdc
Hahahaha whose idea was “economic withholding”???
This isn’t new. Whoever ok’d it should be shot into the sun.
I need to pay more attention. Last time I was around for those kinds of shenanigans Enron was doing it for “maintenance” reasons, and it cost Californians billions.
https://amp.theguardian.com/business...5/enron.usnews
"Ah, we want you guys to get a little creative, and come up with a reason to go down," Bill says on the tape. "Anything you want to do over there? Any cleaning, anything like that?"
"OK, so we're just comin' down for some maintenance, like a forced outage type thing?" Rich replies, according to transcripts published yesterday. "I think that's a good plan, Rich," Bill says. "... I knew I could count on you." |
Well, since you mention Enron...
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Enron (that now-failed poster boy for corporate malfeasance) was a principal adviser to the Alberta government in 2000 when the province was deregulating the electrical power industry.
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In the late 1990s, the Ralph Klein government was deregulation mad. In its haste, it partnered with Enron to get Alberta’s electricity deregulation done as quickly as possible.
Clearly, the government should have known better.
Enron’s willingness to manipulate and deceive was well known. Prior to its involvement with Alberta, Enron had a strategy in California that it referred to as “Fat Boy,” in which it submitted fraudulent power schedules to government officials that caused unnecessary spikes in power prices. And its “Death Star” strategy involved transmission fraud, in which Enron created false power congestion that resulted in the company getting paid to alleviate a problem that didn’t exist.
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The minute Enron became involved with the Alberta government to “improve” the system through deregulation, there was only one certainty: the public would pay the price for any failure. You can bank on that.
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https://troymedia.com/politicslaw/al...o-power-plays/
Hey! He was right! Funny how we vote for the same failed Conservative polices for decades and then we get ####ed! Over and over! Voters somehow never connect the two. UCP voters, could you explain why you do this? I'm baffled.