Why the Rules Matter
The Big Switch
00:00
What's the Relay Race?
There are three kinds of people who make decisions about what power companies and generators do. Legislators take the baton through the first hundred yards, then regulators set more specific rules. Regulators try to turn that baton from something that's like a rolled up piece of paper into a book full of rules. When this process works, it works pretty well. But in any political arena, some of the people involved may be more focused on short term gains than long term benefits.
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