Greg Abbott is moving toward changing the Texan energy market, as well as moving more to fossil-fuels and nuclear. Wind and solar, which failed so hard during the last freeze, will no longer be incentivised.
Greg's quit screwing around, is the basic takeaway. Pace Casey although I do hope batteries will be part of the solution UPDATE 1/5/22 nah, Casey's stupid.
This is a tad late for Abbott to catch up with DeSantis and (the supply part of) it is certainly in response to the uproar from his Right. But I'll take "doing the right thing after exhausting the alternatives" over "doing it wrong". Abbott could easily be a Bush or a Cornyn (or a Lee Bailey Hutchison, back in the day); there's money in that, and fame, of a sort.
Now, as to the trade part of it, which puts those proverbial fetters upon free-trade in energy. We all know that more regulation is not always better regulation, and much depends on who's regulating. But clearly insuffient regulation is insufficient: taking electricity away from one group of payers whilst running up thousand-dollar bills for other (poor) payers is a great way to end up with your head in the National Window. We'll see how this (forced) populist turn works next winter, we suppose.
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