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How years of mismanagement and regulatory failures broke California’s utilities

July 11, 2023

Remember when California used to be the world leader in sustainability? After decades living in the shadows of smog-filled skies, the state became the first to adopt stringent vehicle emissions standards in 2002 and, in 2006, it was the first state to establish a comprehensive greenhouse gas regulatory program. The state’s electric utilities rode this wave of environmental activism to introduce groundbreaking energy conservation programs and operational overhauls that would increase production capacity while reducing consumption.

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