Fine, now the board members need to all resign in shame.
Shouldn’t the board also be fired?
Fall guy. Will the next CEO/Board spend billions on severe Winter proofing the system? You betcha. Will they need it to activate in the near future? Don’t know.
One thing for certain is that electricity costs will be going up for Texans.
In the contined absence of a Mr. Fusion, it’s pretty expensive to produce all of one’s desired electricity.
This is the problem, being fired is no longer a big deal!
I hear the Katrina refugees are moving back to NOLA.
In his defense I will say he refused his severance package, at the amount of $800,000. .
CC
Yeah, I know ... all those jobs lost ... tough!
Since when do jobs come before lives ?
The fundamental problem with all of this is that the Texas energy industry was complying with and implementing the asinine green energy policies of the federal government. The Texeas secession movement needs to hammer this point endlessly. Texans should be making these sorts of critical decisions based on what is best for Texans, not the cockamamie edicts issued from an illegitimate and tyrannical DC junta.
Gov Abbott needs to resign, he is the one responsible for making us rely on unreliable wind power. 25% of our power comes from wind.
Resign Gov Abbott, that deadly blackout is all on you.
“Magness — who made over $876,000 in salary and other compensation in 2019...”
Why in the world would a utility company president make this much?
February 1989, there was a total natural gas curtailment.
The difference was utilities were required to have a backup fuel supply.
The natural gas generators could burn fuel oil.
They were compensated in their rate base.
A labor intensive process.
Dereg said, no dollar’s for you.