A turning point, maybe
Federal regulators have imposed price caps on electricity prices
ARE price caps by another name still price caps? That is the question that Californians are puzzling over this week after the Federal Energy Regulatory Commission (FERC), the country's top electricity regulator, voted to impose a form of price control on wholesale electricity prices in 11 western states, including California. Now Democrats, who mostly wanted the caps, and Republicans who mostly did not, are squabbling over whether the current measures count.
This article appeared in the United States section of the print edition under the headline “A turning point, maybe”
From the June 23rd 2001 edition
Discover stories from this section and more in the list of contents
Explore the editionMore from United States
Pam Bondi seems like a relatively safe pair of hands
But is America’s next attorney-general an independent operator?
Checks and Balance newsletter: Joe Biden’s farewell shot at the oligarchy
The outgoing president warns of a new “tech-industrial complex”
A protest against America’s TikTok ban is mired in contradiction
Another Chinese app is not the alternative some young Americans think it is
Joe Biden wound up serving Donald Trump
In some ways, his administration will look less like an interregnum than like MAGA-lite
How bad will the smoke be for Angelenos’ health?
Expect more sickness and disrupted schooling
Should you have to prove your age before watching porn?
America’s Supreme Court weighs a Texan law aimed at protecting kids