Why Texas froze (and California fried): This disaster was 90 years in the making

“A version of this article appeared in Salon

The catastrophe that swept Texas last week was 90 years in the making. Its roots lie in a decision during the 1930s to escape federal regulation of power rates under the terms of Franklin D. Roosevelt’s New Deal by forcing all Texas utilities to avoid importing or exporting power across state lines, thereby pretending that Texas electricity was not actually part of the national economy.

As the biggest oil and gas producer in the world, Texas had already set itself up in the business of regulating the global price of oil through…

Carl Pope

A veteran leader in the environmental movement, former executive director & chairman Sierra Club and Senior Climate Advisor to Michael Bloomberg

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