Central planning for a forced energy transformation produced the debacle of debacles two years ago in Texas. It is time for a new era for U.S. electricity policy premised on market entrepreneurship.
In February 2021, millions of Texans lost power, and the state’s grid came within four or five minutes of a total failure that would have resulted in tens of thousands of deaths...
Therefore, if fuel costs are rising, and I am running my generation facility on a skeleton crew, what’s left for me to cut?
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