• Pressures for Restructuring
•Rising
cost, problems with reliability & nuclear plants,
accident-environ record
•Success in deregulating airlines, rail, buses,
trucks, barges; oil & natural gas, 1990 Clean Air Act: Allowance
trading
•Ideology of incentives
& free markets
•Dereg in UK, Australia,
Argentina, etc.
•Unhappy customers: High
prices
•Threat of industry to
choose or walk
•1995: Big utilities
climb aboard