Blackout by Gordon Weil

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Blackout by Gordon Weil

In the midst of the sweltering summer of August 2003, the lights went out across northeast America. From Canada to Philadelphia, houses were plunged into darkness, elevators stalled, subway cars ceased to run, air-conditioners shuddered into silence, and the candle-lit 1890s streets of Brooklyn became a reality once more. Astonishingly, no company or individual has ever been held accountable for what cost affected regions millions of dollars in lost revenue and compensation. The electricity companies involved introduced no new rules, nor a single firing nothing. As Gordon Weil explores in Blackout, this was the culmination of a long history of exploitation by the electric industry of its customers, coupled with the seeming indifference and incompetence of the regulators who were supposed to protect them. Weil describes the founding of the original electric monopoly by Edison and his secretary, Insull, and reveals how and why Roosevelt's efforts to control the company's excesses failed. Weil continues with the willful failure of the industry to integrate itself into the competitive marketplace; a failure in which the customer remains the biggest loser. Weil concludes that unless the government and the regulators undertake radical legislation, "lights out" remains a distinct possibility for us all.
SKU Unavailable
ISBN 13 9781560258124
ISBN 10 1560258128
Title Blackout
Author Gordon Weil
Condition Unavailable
Binding Type Paperback
Publisher Avalon Publishing Group
Year published 2006-05-19
Number of pages 256
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.