Blackouts may cost California economy $21.8 billion

SACRAMENTO, Calif., May 9, 2001 – Electricity blackouts this summer will conservatively cost California businesses $21.8 billion in lost productivity, reduce household income by another $4.5 billion and result in 135,000 Californians losing their jobs, according to a new study released today.

Internet Auction Slated for May 25, 2001

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