Chicago's Architecture

Chicago's Architecture

law from building new plants, BPA bureaucrats persuaded the Washington Pacific Power Supply System (WPPSS, or "Whoops") in 1970 to build three nuclear plants and allow BPA to keep most of the power generated. BPA then forced its customers to pay for the WPPSS plants "net-billing" contracts, which required participating utilities to pass costs on to the consumer. Cost overruns and incompetence caused WPPSS to default on $2.25 billion worth of bonds in 1983. BPA customers are now...

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