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Supreme Court says California went too far. (News).(Brief Article)(Statistical Data Included)
WASHINGTON DC -- California Gov. Gray Davis didn't have the authority to seize more than $200 million in energy contracts during last year's power crisis, the U.S. Supreme Court decided June 3, when it declined to overturn an appellate court ruling.
The decision means the state would be forced to rely on federal regulators for help if a similar situation occurred in the future, a spokeswoman for Attorney General Bill Lockyer said. Relying on federal help is something the state would likely rather avoid, At the time of the 2001 crisis. Washington officials were very reluctant to intervene at all, much less to the ...
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