Economically, it may take a little while, but when a company in California or any State that has a prolonged energy spikes and the rest of the country does not, we have put that company in a noncompetitive position immediately and, in time, they will not be able to compete with companies that are using a lot more less costly power.
John W. Peterson: “Economically, it may take a little while, but when a company in California or any State that has a prolonged energy…”
Editor's note · Context
Discussing the impact of energy prices on competitiveness of companies in California.
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