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Except: They had to interfere with the free market to force electric suppliers to harden their infrastructure against cold weather -- something they hadn't don
by readthenotes1 2y ago
Except:
They had to interfere with the free market to force electric suppliers to harden their infrastructure against cold weather -- something they hadn't done before because of the race to lowest operating costs.
There's also other horror stories from under regulation:
https://www.keranews.org/news/2021-03-08/texas-wont-reduce-16-billion-in-electricity-charges-from-winter-storm https://www.keranews.org/news/2021-03-08/texas-wont-reduce-1...
https://www.texastribune.org/2021/03/04/ercot-texas-electricity-16-billion/ https://www.texastribune.org/2021/03/04/ercot-texas-electric...