- Truthout reports: “Our state is a cautionary tale about power generation that’s privatized and poorly regulated. The big companies who run so much of the grid in Texas failed to winterize their infrastructure, leading to massive blackouts and tremendous suffering.”
- “We knew this could happen, because it already did. These same failures wreaked havoc after a winter storm back in 2011, but politicians — often with industry donations in their pockets — failed to fix the problem.”
- “A decade later, the blackouts were five times as destructive — and could have been even worse. Reports now say we were just four and a half minutes from a total grid failure in Texas, which could have caused blackouts for weeks and even months.”
See full story here.
Categories: Business, Government, Infrastructure
Economic Left 
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