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MEDIA ALERT |
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May 21, 2001 |
OAKLAND HAS JOINED THE STATE LAWSUIT AGAINST THE FEDERAL ENERGY REGULATORY COMMISSION (FERC) |
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Who: Where: When: What: Contact: According to Vice Mayor Jane Brunner, "Oakland is proud to join California in the lawsuit against FERC." She added, "Deregulation has failed. To begin to address the energy problem, Oaklanders need to conserve energy, California needs to build new generators, and the Federal government must cap out-of-state energy generation costs." According to Oakland City Attorney, John Russo, "This action serves
notice that the Federal Energy Regulatory Commission will have to accept
its responsibility to protect utility consumers in California and the
nation from runaway pricing," Russo said. "A crisis of unprecedented dimensions is already taking shape in California. The public health, safety and welfare of the states 34 million residents is in jeopardy due to the tragic consequences of rolling blackouts and punitive prices," said the writ, filed on behalf of Oakland and the State by the Burlingame law firm Cotchett, Pitre & Simon. According to Governor Gray Davis office, in the Spring of 2000 a megawatt hour of electricity in California cost an average of $30. In December 2000, after FERC removed the cap of $250 per megawatt hour, the spot market price shot up to $1,500 per megawatt hour, and a week ago it was $1,900. Adds Vice Mayor Jane Brunner, "Out-of-state power companies are gouging California consumers while the federal government sits and does nothing." |