Unrestrained Capitalism: Texas

Texas is a warm place, and Texas does not like government regulation.  Texas utilities took advantage of these facts to separate their power grid from the rest of the country to avoid regulation and not bother to winterize power generation systems.  Despite the climatology, it got very cold in Texas over the past week and water supplies to fossil fuel and nuclear plants froze up and so did the States unwinterized wind turbines.  Result: millions lost power and water on some of the coldest days in State record.  Many died.  Others were forced to shelter together in close proximity during the pandemic.

Because the Texas power grid isolated itself, it couldn't even import power.



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