nanog mailing list archives

RE: Second day of rolling blackouts starts


From: "Derek J. Balling" <dredd () megacity org>
Date: Thu, 18 Jan 2001 11:22:16 -0800


At 11:00 AM +0000 1/18/01, Matthew Kaufman wrote:

at the time, the frozen rates were *above* their cost, and they were betting
on a future cost structure that would result in huge profits for them and
their parent.

Yeah, they weren't counting on the state cutting their legs out from under
them saying "no new power for you" on new generation requirements.

D


-- 
+---------------------+-----------------------------------------+
| dredd () megacity org  | "Conan! What is best in life?"          |
|  Derek J. Balling   | "To crush your enemies, see them        |
|                     |    driven before you, and to hear the   |
|                     |    lamentation of their women!"         |
+---------------------+-----------------------------------------+


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