16 Mar 2008

What Does the CEC Do with $62 Million?

The California Energy Commission is supposed to spend its $60million budget (from gas taxes, I gather) on research that "benefits Californians." In this hearing, you will see some very pointed questions from State Senator Levine (start watching at 34:00; it gets good at 53:00).

Nicely dressed bureaucrats hiring outside consultants to do their jobs. Amazingly -- this is not just a "your government in action" but checks and balances in action. I do not know if they just got a slap on the wrist but I do know that they are still going to get their $60 million. Houston, we have incentive problems....

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