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suckers going to raise my rates for the privilege of my power being out >50% of the time for four days? Great.
We are all going to have pay more for the infrastructure investment. This will essentially be a regressive stupidity tax, unless the state steps in.
The Feds may even provide funds, because the current administration isn't populated by s.
suckers going to raise my rates for the privilege of my power being out >50% of the time for four days? Great.
Boil water notice in N Austin canceled
It Starts: The Cascading Financial Repercussions of the Texas Electricity Crisis
Now hoping for “corrective action” and “credit intervention” by the State of Texas.
Just Energy Group, the Canada-based retailer of electricity and natural gas that is heavily involved in Texas, announced this morning in an SEC filing that
it might have lost $250 million over the few days during the “Weather Event” in Texas, and that
“the financial impact could change as additional information becomes available,” and that “once known,”
the financial impact “could be materially adverse to the Company’s liquidity and its ability to continue as a going concern.”
The $250 million loss over the past few days contrasts with just $78 million in cash on hand that the company reported in its most recent earnings report for the quarter ended September 30.
https://wolfstreet.com/2021/02/22/it...ricity-crisis/
Good deal.
Imagine the demand on the grid if we all charged EV overnight. Not happening
Damn and I was hoping for a good weekend of huffing glue.
Texas fails again.
Applies to the whole US grid
So you think new capacity will never be added, Darrin?
And what would the demand be?
"You know who Alexandria Ocasio-Cortez is.
During last week's deep freeze in Texas, she started a fundraiser that has raised, as of this writing, more than $4 million to alleviate hunger and suffering in the Lone Star State.
She was doing for Texans what you'd think Texans would do for her (and other New Yorkers).
But instead of gra ude, the Texas Republican Party answered generosity with slander:
"The gesture is appreciated, but it doesn't remove the fact that her Green New Deal philosophy failed Texans," wrote Chairman Allen West.
Fact No. 1: The Green New Deal is Ocasio-Cortez's policy idea. It's not anything more yet.
Fact No. 2: Texas has nothing to do with her policy idea.
Fact No. 3: Wind power accounts for 10 percent of energy use in Texas.
Conclusion: West is smearing Ocasio-Cortez even as she's trying to help."
https://www.rawstory.com/ron-johnson-2650719724
that knitter and al other Repug knitters, they are all corrupt traitors to their race.
SHE'S JUST HERE FOR THE PHOTO OP
Love the diction here, the words "printed" and "delivered" seem to be load-bearing.
yep, that how extractive vampire-squid free-market Capitalism works, the mythical free (rigged) market providing the perfect solution (for Capitalists)
the investor-owned utilities preferred to extract/pocket revenues than spend revenues complying with the (hated) experts who said winterization, based on recent low temps, was required.
Capitalists "run it 'til it breaks", then Other People's Money pays for the breakage, and Capitalists pocket the breakage money.
hole Texas with a hole culture run by bag Repugs elected by bag Repug voters, now exposed to the world as a hole.
Last edited by boutons_deux; 02-23-2021 at 11:55 AM.
Is that why so many are fleeing democratic California and NY... to come to a sh1thole?
Some might think twice about that now. I'm very curious to see how ERCOT and the various local providers will screw ratepayers. I'm sure others are watching too.
ERCOT and even local response to this thing has been a total disaster. That said, I can't see these $15,000 electric bills holding up in the courts.
Would be shocked if this mass exodus from CA to TX does not continue.
I don't know anything about about it, I'd just be making up.
How big is immigration from California to Texas, year over year?
Like 6-700k are fleeing annually and going all over the place, but TX is the number #1 destination with like 15% of them ending up here.
They will hold up in courts.
Texas will pass some good ol' socialism to stop it though.
so like, 100,000 people a year?
finally found the courage to make themselves heard.
factoid:
https://www.chron.com/news/houston-t...ed-6435629.phpAccording to numbers from the U.S. Census Bureau, Texas sprinkled 410,000 of its people on other U.S. states in 2013, the last year for which data is available.
A little less. But in that neighborhood.
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