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Texas Targets the Free Market

Will Swaim writes in National Review about Texas’ anti-free market energy policy.

The C3 Take
  • While many progressive politicians have embraced an “everything but fossil fuels and nuclear” energy strategy, Texas lawmakers are embracing a “fossil fuels only” approach to the state’s power mix.
  • The state legislature is considering several pieces of legislation that would shift its competitive energy market to favor fossil fuels and discourage renewable and nuclear energy development.
  • These reforms would cost taxpayers billions of dollars and fail to improve grid reliability as its advocates claim.
  • To bolster the state’s energy security, Texas lawmakers should invest in infrastructure upgrades and continue its competitive, consumer-driven “all of the above” energy approach.

“Citing the collapse of the power grid two years ago, Texas lawmakers are considering nine bills that would put Texas firmly in the economic-protection business. If enacted, the legislation would box out any alternatives to incumbent natural gas, coal, and nuclear energy.”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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