The crisis in Texas is unfortunately a microcosm of the recklessness of our system. Not as bad on a federal level as in Texas, but it’s close enough that their situation needs to be a warning to us all: Do not let free market capitalism run your government apnews.com/article/texas-pow…

Texas crisis has governor facing big backer: energy industry

AUSTIN, Texas (AP) — As frozen Texas reels under one of the worst electricity outages in U.S. history, Republican Gov.

apnews.com

Feb 20, 2021 · 5:45 PM UTC

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Why Texas was so unprepared for this crisis: reuters.com/article/us-usa-w…

Texas's one-of-a-kind power system raises questions during price spike

A brutal winter storm that has left millions without power along the U.S. Gulf Coast and caused power prices to surge has highlighted the differences between Texas's independent power grid and the...

reuters.com
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Replying to @marwilliamson
Everthing's bigger in Texas.
Replying to @marwilliamson
CAPITALISM IS..... Texas ERCOT raising prices during a humanitarian crisis Deregulation & privatization only serve monopolies & profiteering Everyone else left out in the cold Texas has it's own power grid and is immune to Federal regulation cbs7.com/2021/02/16/ercot-ra…

ERCOT raising energy prices, blaming high demand during winter storm

On top of cutting the power to tens-of-thousands of people across the Permian Basin this week, ERCOT now says it will raise electricity prices.

cbs7.com
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Replying to @marwilliamson
One better: Do not let free market capitalism run the world. It will abuse human labor and Earth so that only a few become extremely rich. Human labor should not make other people wealthy. And human labor should not destroy the planet. That is structural violence against all.
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Replying to @marwilliamson
These people don't even have winter coats!
Replying to @marwilliamson
ERCOT and retailers didn’t want to absorb spiked market rate from consumer accounts with set rates, so they just cut off the power to millions. If you have variable rate plan, Chapter 7 is imminent.
Replying to @marwilliamson
This has exposed many weaknesses: please vote for the #GreenNewDeal
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Replying to @marwilliamson
I'm your inflow sorry I'm Hindi Punjabi
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