Free Market and Abundant Energy
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What to Know: The Dallas Morning News in a new editorial says Texas’ free market approach to energy will prevent the nightmares—from high electricity prices to wildfires—that California is now experiencing.
The TPPF Take: California’s electric grid is one of the most regulated in the nation—and is far less reliable than Texas’, which is largely a competitive market in which participants answer to consumers, not government regulators.
“The competitive market has blessed us with a reliable and affordable supply of electricity,” says TPPF’s Bill Peacock. “Unlike some other states over the last few years, when we hit the switch the lights have come on without breaking the bank. Texans can maintain an affordable and reliable supply of electricity and Keep the Lights On by countering the threat from subsidies and other misguided energy policies that have already damaged communities and risked grid stability.”
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