ve sections (3.0) reviews the process of deregulation in the United States, while the second (4.0) reviews the American experience in the deregulation of the telecommunications industry. The deregulation of telecommunications is highly relevant to the liberalization of the electric power industry, as many of the issues confronted in telecommunications are analogous to those issues which must be addressed in the deregulation of electric power. The third of the five sections (5.0) reviews the theoretical economic and environmental arguments relative to the liberalization of the electric power industry, while the fourth section (6.0) provides an overview of electric power liberalization in the United States, and the fifth section (7.0) provides an in-depth review of electric power liberalization in California.
1.0 INTRODUCTION TO THE REPORT ..................
2.0 REPORT CONTENTS ......................................
3.0 DEREGULATION IN THE UNITED STATES ......
3.1 Section Preview .........................................
3.2 General Review of the Issues .......................
3.3 Private vs. Public Provision of Goods ...........
3.4 Alternative Approaches to Privatization ........
3.5 Section Notes ...........................................
4.0 THE TELECOMMUNICATIONS EXPERIENCE ....
4.1 Section Preview .........................................
4.2 Telecommunications Deregulation ...............
4.3 The AT&T Break-Up and Beyond .................
4.4 The Interconnectivity Issue ........................
4.5 Section Notes ...........................................
5.0 THEORETICAL ARGUMENTS [ECONOMIC AND
ENVIRONMENTAL] SURROUNDING ELECTRIC
POWER DEREGULATION IN THE USA ..............
5.1 Section Preview .........................................
5.2 Review of the Issues ..................................
5.3 Section Notes .................................