Calpine Issues Statement Following the Defeat of Proposition 80 by California Voters
November 09 2005 - 6:37PM
PR Newswire (US)
SAN JOSE, Calif., Nov. 9 /PRNewswire-FirstCall/ -- Calpine
Corporation (NYSE:CPN), in response to the overwhelming rejection
by voters of California Proposition 80, stated: California decision
makers have their mandate from voters. Energy policy in California
is too important to the economy and the environment to be crafted
outside of the established political and regulatory processes.
Calpine applauds the leadership of the California Public Utilities
Commission, the environmental, academic, and business communities,
as well as the Editorial Boards of California's major newspapers
who collectively opposed the measure. Calpine looks forward to
working with all stakeholders to deliver on the voters' clear
directive to preserve competition and customer choice. DATASOURCE:
Calpine Corporation CONTACT: Kent Robertson, Media Relations of
Calpine Corporation, +1-408-621-1447, or Web site:
http://www.calpine.com/
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