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Off Peak

California Sen. Steve Peace says it wasn't him, and he has the video to prove it.
Fortnightly Magazine - February 1 2001

worse. …

Myth 8: FERC has no power to order rebates. [In FERC hearings, Peace] reminded commissioners that FERC has statutory responsibility to discipline a wholesale electricity market that has gone haywire or has been manipulated. Peace in footage from November FERC hearing: "That's what the law says, and until you can get Congress to change the federal law, this commission has a legal responsibility to assure that prices are just and reasonable-a legal responsibility which I am confident the courts will enforce."


 

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