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Like health care, it's true that power generation is a great example of what government usually does best than the private sector.

Having lived in California at the moment of the so called 'energy crisis' of 2000 has made it abundantly clear to me that letting private company deal with such a strategic resource is a very dangerous game. California is still paying for that folly.

That being said, rejecting ANY participation of the private sector in EDF seems a bit like a knee jerk reaction to me. I'm not a financial analyst, but it seems to me that injecting private money could help EDF compete worldwide and be a good investment opportunity for the people. As long as it's done right and the government retains a clear majority, i don't really see a problem with that.

by Greg a Bordeaux on Mon Sep 5th, 2005 at 05:57:01 AM EST

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