Enron’s deregulation ripple effect, 20 years later
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Also today: Fed chief Jerome Powell said The Fed is facing tension trying to balance dealing with high inflation and encouraging job growth. The FAA is hoping new software will reduce the time planes hang out on the runway, which would then help cut down greenhouse gas emissions.
Segments From this episode
20 years later, echoes of Enron's energy deregulation in California, Texas
In California, energy companies gamed the markets and ushered in large-scale blackouts in 2000-2001, incidents that have Enron's fingerprints all over them.
FAA plans to reduce the time planes spend taxiing on the runway
In addition to reducing wait times, the FAA estimates this will reduce greenhouse gas emissions.
David Brancaccio Host
Victoria Craig Host, BBC
Stephen Ryan Senior Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Jay Siebold Technical Director
Meredith Garretson Senior Producer
Erika Soderstrom Producer
Rose Conlon Producer
Alex Schroeder Producer
Redmond Carolipio Digital Producer
Jesson Duller Media Producer