China bans toxic American computer junk

From: Carlos Murillo <carlos_murillo_at_epm.net.co>
Date: Sat Jun 8 17:44:28 2002

At 03:33 PM 6/8/02 -0500, you wrote:
>That's called supply & demand.

Supply and demand only set the prices in a perfect competition scheme,
which CA wasn't. CALPEX was a seller's "market". It's always
been that way in CA; just research Hetch-Hetchy and PG&E and
you'll find a century's worth of abuse of the consumers by the
utilities.

> The people in left coast refused
>all attempts to build different types of power plants, but refused
>to limit their growth. No surprise that they ran short on power.
>I don't see why they expected the same power companies they had
>been opposing all those years to give them cheap power.

Those power companies had consistently shown that they invested
their money with poor judgment and almost always resulting
in cost overruns, greater than expected environmental damage,
costly stranded assets... A lot of it was the companies'
fault, not the consumers'.


--------------------------------------------------------------
Carlos E. Murillo-Sanchez carlos_murillo_at_nospammers.ieee.org
Received on Sat Jun 08 2002 - 17:44:28 BST