- Newsmaker: Taking Control of Our Energy Destiny - Another statewide-elected official is proposing that state government get into the utility business by selling 10 billion dollars in bonds to finance construction, ownership and operation of 15% of the state's electrical power. State Treasure Phil Angelides says that by building an energy infrastructure we'll avoid the spiral staircase of rate increases.
- Reporter's Notebook: LA, A Bright Spot on the Energy Scene - When Richard Riordan became mayor, LA's Department of Water and Power was near bankruptcy, but the city's decision not to participate in deregulation allowed DWP to issue tax-free energy bonds. Mayor Riordan tells us that, at least for the moment, the energy outlook for LA is bright.
California Race Survey
California population is changing. Whites have shrunk to less than 50%, all ethnic and racial groups are now "in the minority," and mixed-race is the third largest category of newborns. The Public Policy Institute of California has just released a survey on the state's race relations. What does it mean to be a Californian in the 21st century? Will diversity replace division, and coalitions supplant race-based remedies? We hear about the survey and reactions to it from Lt. Gov. Cruz Bustamante, UC Regent Ward Connerly, and others.