This is capitalism completely disconnected from any ethical consideration. Charging people in Texas more for energy right now is morally criminal - especially since they have none! And no, this is not “just the way things are.”
KHOU 11 News Houston @KHOU
16 Feb 2021
ERCOT to raise Texas energy prices, blaming high demand from winter storm khou.com/article/weather/erc… #khou #hounews

Feb 18, 2021 · 1:54 PM UTC

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Replying to @marwilliamson
They do not have any energy so how can they possibly even think this is a good idea
Replying to @marwilliamson
unfortunately generators dont run on ethics.
Replying to @marwilliamson
I'm with you on this one Marianne. 100%
Replying to @marwilliamson
Yes you are 100% correct. This is the ugly side of capitalism. Which the Republican party absolutely loves. The Republican party absolutely loves the old fashion fossil fuel industry. Why?? Because they get a fat paycheck from it. Even though the grid in Texas is literally dead.
Replying to @marwilliamson
This is why essential services should not be provided by an entity whose main driver is profit
Replying to @marwilliamson
Hi from CA. PG&E didn't maintain its equipment, blew up a neighborhood and killed residents in 2010, did nothing, caused more fires, and in 2018 their negligence destroyed Paradise and killed 85. Then they went bankrupt and now we pay more... sanfrancisco.cbslocal.com/20…

PG&E Increasing Rates to Pay For Upgrades to Equipment

California regulators approved a rate hike for Pacific Gas & Electric (PG&E) Thursday that increases rates for household customers by 8%.

cbsnews.com
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Replying to @marwilliamson
ALL systems “disconnected from ethical considerations” become criminal. Capitalism is NOT by itself the problem. Government alone is NOT the solution. Transparency, honesty & accountability are. Those tools are gone when we ALWAYS vote Team D or R and have a compromised Press.
Replying to @marwilliamson
Price gauging
Replying to @marwilliamson
The entire management and board of ERCOT should be freezing its cojones off in prison right about now. Just sayin'.
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