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Nuclear Energy's Future Glowing After Crisis, Entergy's Hintz Says.(ISSUES & INSIGHTS)(VERBATIM)
Byline: Douglas Austin
Competing visions on how to best solve California's power woes were in sharpcontrast last week.
During his visit to Los Angeles, President Bush rejected price controls. He said imposing the caps would solve nothing and make the energy shortage only worse.
Gov. Gray Davis countered that high energy costs could bring on a recession.Davis demanded relief for consumers and said he would sue to force federal regulators to cap prices.
Investor's Business Daily spoke recently with Donald Hintz, president of Entergy Corp.
New Orleans-based Entergy is the third largest power generator in the U.S. Entergy's total revenue for 2000 was about $10 billion.
Entergy generates nearly 30,000 megawatts of electricity. Along with its natural gas and coal plants, Entergy operates four nuclear sites in the South and three in the Northeast.
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