Home
>
Political
>
Garbage in Garbage out; California Blackouts

Garbage in Garbage out; California Blackouts

Why did the California energy crisis happen? Who is to blame? How come deregulation was a financial disaster? Some of the data in the research did not predict what would happen, probably because research people are not; go for it, make it happen entrepreneurs. So their report was just 1000s of pages of incessant data about nothing and basically BS. It was much like a master thesis of a psychology, philosophy or work of a business student at any university. Written by guess whom and not understood by guess whom else.

So the data was wrong and the politicians could not know the difference, due to ignorance, importance of political self-preservation, and therefore accepted the data at face value. As the fiasco unfolded the politicians decided they did not want it. Thus they went and made more laws after the fact and still to this day want to make even more laws, which is why deregulation of the utility industry is a great idea in the first place, because minus all the over regulation it can better perform.

The only problem is that there was so much waste, that the utility companies did not know how to operate efficiently in the first place. Instead, when it sold its excess capacity to the commodity type trader, it did not know what to do when it went over its capacity. It then had to buy on the open market energy for a higher price. Of course the same commodity brokers, were there also and had also bought the other energy companies capacities on contracts. What did this whole thing cause? It nearly caused the collapse of California's government, a major utility company in California filed BK, and both of which refused to pay Enron the money they owed on the contracts that were sold. And the premature collapse of Enron.

It doesn't matter that Enron manipulated the market to get a financial gain. The fact is, that the State of California deregulated their energy caught off guard when someone took advantage of the rules they set out. Had the State of California not had a closed system for so long on energy generation, had better and less regulations there would be more plants. The energy could go less distance and it all would have worked and this would not have happened. But to wait until 2000 to straighten out CA energy system and go to a free market system, what did they expect?

The CA department of energy did not even realize that the transmission lines were not big enough to allow for the excess capacity to be distributed to all possible customers that the contracts might be sold to. Yet that should have been fairly obvious since the costs to create energy are so different using different methods and producing it in different regions, again this fact is due to the over regulation in the first place. If the transmission lines could not handle additional loads then the excess capacity did not exist to all markets, so then it cannot be traded. Yet the CA department of energy never had a clue to think on this when they opened up the trading and deregulation. Why? Linear thinking politicians did not understand free enterprise and efficiencies or the capabilities of their own infrastructures. Thus the California government was taken over by more savvy individuals. Think on it.

"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.worldthinktank.net/wttbbs

elite cleaning services Des Plaines ..

In The News:

New survey reveals 78% of parents fear AI scams targeting their kids, yet nearly half haven't discussed these threats. Learn why this dangerous gap exists.

Chrome now autofills passport and driver's license info automatically. Google's latest browser update adds official document support with encryption and user control.

Scammers impersonate Department of Veterans Affairs employees claiming veterans owe money, but real VA communications only direct to VA.gov or official channels.

The AltoVolo Sigma hybrid-electric aircraft flies 500 miles at 220 mph while operating 80% quieter than helicopters, featuring safety systems and compact design.

Google search scam alert: fake customer service numbers can give scammers remote control of your phone. Learn how to spot these traps and protect yourself.

Electric vehicles overtake gas cars in total CO2 savings after just two years of driving, with emissions benefits growing over time as power grids get cleaner.

Louvre Museum reportedly used "Louvre" as password for surveillance system during $100M jewel heist. Learn how weak passwords put even famous institutions at risk.

Bipartisan AI jobs bill from Sens. Hawley and Warner would require companies to report AI-related layoffs and hiring to Department of Labor quarterly.

Joe A. from Shelton, Connecticut, lost $228,000 to a ZAP Solutions cryptocurrency investment scam after his divorce, highlighting rising online fraud.

AI-powered autonomous trucks from Waabi and Volvo target U.S. freight driver shortage with Level 4 self-driving technology and NVIDIA computing platform integration.

Survive flight disruptions with expert travel tips: Book early morning flights, download airline apps and know your refund rights during service cuts.

Apple's iOS 26.1 update delivers major security fixes, performance boosts and enhanced privacy controls for your iPhone. Discover why updating now protects your data.

Russian hackers use fake CAPTCHA tests to spread dangerous malware targeting governments and journalists. Learn how to protect yourself from these deceptive attacks.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

Miami-Dade debuts America's first autonomous police SUV with AI cameras, drone deployment and real-time crime detection in groundbreaking law enforcement pilot.

Bank impostor scams cost Americans $2.9 billion as criminals use AI voices and caller ID spoofing to steal life savings. Learn nine essential fraud protection tips.

Foreign-owned apps secretly harvest personal data from seniors, making them prime targets for scams. Learn how to protect your privacy and stop data brokers today.

Sens. Josh Hawley and Richard Blumenthal introduce bipartisan GUARD Act to protect minors from AI chatbots through mandatory age verification and disclosure requirements.

Ghost-tapping scammers exploit wireless technology to drain accounts through small transactions, but RFID-blocking wallets and transaction alerts can protect you.

French pilot project demonstrates wireless charging roads that can deliver over 300 kilowatts of power to EVs while driving, potentially eliminating range anxiety.

YouTube's Ghost Network spreads information-stealing malware through thousands of fake videos offering cracked software, using compromised accounts and fake engagement.

Protect your privacy by disabling your smart TV microphone. Most TVs have hidden mics that listen even when voice commands are off. Learn quick steps to stop unwanted audio capture.

SessionReaper vulnerability hits Magento and Adobe Commerce stores, compromising 250+ sites in one day. Hackers steal data and hijack shopping sessions.

Master essential parental controls and digital safety tools to protect your kids online. Learn screen time limits, location settings and privacy controls every parent needs.

Cybersecurity expert shares six essential steps to protect against dark web threats, including data removal services, password managers and antivirus software.

Garbage in Garbage out; California Blackouts

Political