Last week Texas experienced a cold snap that resulted in serious statewide damage, death, and destruction. The collapse of the state’s energy grid left millions of Texans in the dark and freezing for days at a time. Tragically, at least 30 people died. There are many reasons why Texas became like a Third World country, and we should be careful not to pin all the blame on just one factor. But it seems clear that the disaster was to a large degree caused by political decisions to shift toward...
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from Unintended Consequences and The Texas ‘Big Freeze’ Energy Disaster
