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Democracy and Regulation: How And Why the Public Should Govern Essential Services
Presentation to the International Association for Energy Economics, New England Chapter, Cambridge, Mass.
March 26, 2003
US electricity industry deregulation has had significant adverse impacts on price, price stability, risk, reliability, service quality, employment, low-income protection, and environmental emissions. Recent market manipulations are reminiscent of those which caused the evolution of democratic regulation of railroads and utilities over the last 134 years.
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