A review of Jessica Brice's article "Calif.: Blackouts Weren't Necessary" on the relationship between consumption and investment.
Written in 2002; 900 words; 2 sources; $ 35.95
Paper Summary:
This paper will discuss the idea of consumption and investment in the current problems with the California Energy Crisis hearings that are being studied by the media. In Jessica Brice's article "Calif.: Blackouts Weren't Necessary", we can find how consumption can be used to force prices up in the energy market. The basic trouble that is at hand in the way that energy companies were responsible for limiting their investment in energy, and forcing the State of California to foot the bill when the companies shut down power.
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