Expressing his view of the state of public utilities, Bryson talks about the benefits of electrical utility deregulation. He suggests that important decisions about the future of electrical utilities should come from those who invest money in them. The government has shielded electrical utilities from business risks by allowing fuel costs and oil and gas price swings to be passed on to ratepayers, according to Bryson, suggesting that the government is unlikely to make efficient economic decisions. Bryson opposes monopoly and the government's preference for fewer, larger power plants. He argues that a deregulated, competitive market composed of many smaller power plants would bring advantages to the market as well as investors and the public.
- Hoover ID: 2003c87_a_1001041
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