Power Outages in Texas: An email I sent my principles of economics students
Mistakenly lays some blame on renewables, which are <i>overperforming</i> right now in Texas. Renewables are not in play here, we are having major problems with natural gas and coal plants not being prepared for cold weather.<p>That preparation, previously recommended twice, is an example of the sort of regulation people would like to see: requirements, rather than recommendations.<p>All in all, seems misguided a bit on both left and right when it comes to blame, but the economics of it are good.