The End of Affordable and Reliable Electricity in Texas

Ever since the 2021 blackout, Texas politicians have been trying to cover up their role in bringing it about. Now, they are at it again. On this week’s Liberty Cafe, we’ll look at new plan from the Public Utility Commission of Texas to redesign the electric grid that could lead to the end of affordable electricity for Texans.   Transcribed by Otter.ai: No one over the age of 10 will ever forget the great Texas blackout of 2021. We are plunged into third world literally third world conditions. And so ever since that time, Texas politicians, Texas regulators, and Texas generators, in particular, have been scrambling to cover up their leading roles in bringing that about. And now they're at it again. Last week, the Public Utility Commission of Texas issued a report that is describing the path forward, there's a lot of options there. Still, nothing's been finalized. But the general path forward for a total market redesign of ERCOT, which is the electricity market that covers most of Texas. So this week, on Episode 104, of the Liberty cafe, we're going to talk about how this may spell the end of an affordable and reliable supply of electricity in Texas. Hi, this is Bill Peacock, and welcome to Liberty cafe. As always, it's a blessing to have you here with me, it's a blessing to have you listening, then it's a blessing to be taking part in the battle for liberty with you, as we fight this battle here in Texas, and it's also of course, a blessing to be part of the fight with Texas scorecard, a great group of men and women fighting for liberty, and spreading news of that fight to everywhere and showing us as Texans where we need to concentrate our efforts. And as Christians, where we need to focus and concentrate our prayers. So we're gonna get in today to this new PUC plan, and I'm going to strive it can get really technical. And I'm going to strive just to keep it plain for for all of us, really, because the one of the things that big government and big government advocates use to to help us help confuse us about things as they make everything really complex. And through all this complexity, it's really hard to see the truth. And of course, that's what they're trying to do. They're trying to turn us away from the truth for a variety of reasons. But one is, in this case, they don't want to be held responsible for what they have done to assist the collapse of the Texas electricity market. And then some folks in government just don't want us to see the truth at all, because they're in the process of trying to turn our government into a tyranny. So let's go back just briefly, to the Great Texas blackout of 2021. There's so much that went on during that time. And I don't need to remind most of you of what happened. So I'm not going to get back into that what I want to do is just look at talk about the three primary factors that we have to focus on. When we're thinking about what happened. Number one, it got really cold, it was a record cold event, it was the coldest the Texas has ever been in my entire life. And I was born in 1959. So that that gets us close to a one in 100 year event, a true one in 100 year event. And Texas just wasn't ready for it. Because for the most part, Texas shouldn't be ready, in some ways for one and 100 year event. We can make plans and we can try to mitigate things. But there's no way. If we spent all the money, we needed to protect ourselves from every one and 100 year event, whether it's flooding or rain or heat or whatever, we'd go broke. And so we have to moderate how much money we spend on things. So that's factor number one, it was really cold. Factor Number two are subsidies for renewable energy that has been going on here in Texas, since about 1999 or so just depends on where you start counting. And it certainly wasn't very much in those early years. But it's grown rapidly, both at the federal level and the state level. And the local level for this year, for instance, there's gonna be over $2 billi