Enron’s deregulation ripple effect, 20 years later

<p>One part of the Enron story we’re still seeing echoes of today is the company’s involvement in the 2000-2001 California electricity crisis, where energy companies manipulated markets and prompted large-scale blackouts after lobbying the state to deregulate energy markets. Vijay Vaitheeswaran, global energy and climate innovation editor at The Economist, spoke with us about it. Fed chief Jerome Powell <span style="font-weight: 400">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. </span></p>