|
|
Enron Mail |
Here's another set -- sorry for the delay, had to take a phone call.
? Karen -- John Howard from the Orange County Register called, and I just=20 tried to call him back.? He's doing a set up story on the hearing, so you= =20 may be getting a call from him. ? ? Outside of a wind power facility in California and co-generation plant in = =20 Nevada, both of which are committed to long-term contracts, Enron is not a = =20 generator. It is a trading company that seeks to increase efficiency in the= =20 marketplace and has no assets that can be used to build a market power=20 position. It is impossible to argue that sales representing just a few=20 percentage points of California=01,s power needs equate to "market power." Enron has consistently worked to bring choice and stable electric rates to = =20 California consumers, but has largely been thwarted by policy decisions mad= e=20 by the Legislature and PUC. It is ironic that we are now portrayed as the= =20 villains of a marketplace gone awry. The resources of this committee shoul= d=20 be used to find answers to restructuring=01,s problems rather than to shif= t=20 blame to politically appealing targets. Enron is more than willing to participate in a procedure that fairly and = =20 appropriately examines the true causes of California=01,s energy crisis.=20 However, we cannot participate in a fishing expedition that broadly asks f= or=20 confidential documents =01) whose release would breach agreements with our= =20 customers =01) yet fails to provide any sanctions for those who may releas= e=20 them to the public.=20 While we do not have anything to hide, we must protect our customers=01, = =20 interests. Without sanctions and protections, it is a foregone conclusion= =20 that confidential documents given to the committee will find their way to= =20 the press and be distributed in a selective manner that fails to tell the= =20 whole story.
|