Arnie’s energy plan faces opposition

Oil

Arnold Schwarzenegger, newly elected governor of California, wants to use market-based approaches to address the state’s ailing wholesale energy markets. But his plans have courted controversy, and one lobby group has called for the governor-elect to explain the substance of a private meeting he had in May 2001 with then Enron chief Ken Lay.

The governor-elect has unveiled a 16-step programme, which he says will encourage the development of a competitive energy market. The plan i

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