TV: Texans to vote on amendment to create energy fund
Another energy expert, Beth Garza, says the bill lawmakers did pass could have actually delayed companies from starting to build new plants until they know the results of the constitutional amendment election in November.
“If I have access to very low interest capital, then I’m going to wait and compete for that, right, rather than forging ahead and developing on my own,” Garza said. She’s a senior fellow at the R Street Institute.
Calls to “fix the grid” grew louder after hundreds of Texans died in February 2021. Gas-powered plants failed during that year’s freeze. Texas had the supply, but it couldn’t perform.
View the full report here.