The battle over limited resources because of short-sighted energy planning is on our horizon.
Is this another case of a legislature changing its mind in the middle of an expensive on-going project
“Is this another case of a legislature changing its mind in the middle of an expensive on-going project?”
It is too easy for governments to just set policy and force everyone to follow along. And then when they change policies, people and businesses are stuck.
The free market might be slow to respond to some things, but businesses usually do a lot of forecasting and risk analysis so they can make a profit.
IIRC, “Atlas Shrugged” at a lot of this, with the companies trying to keep up with all of the various governmental mandates. Just like today, some companies pop up and do substandard work and raise capital to pursue solar or windfarms, get government checks, and then go out of business. While the REAL energy producers are told to reduce CO2 output, remove dams, etc.
We can reduce energy consumption all around after deporting 70 million illegal alien parasites drawing from the grid.
ERCOT has been busy wasting ratepayers money building solar panels and windmills that get wiped out by hailstorms and high winds.
“I’m not sure how the legislature is going to deal with it,” Hirs said. “Can you put the genie back in the bottle?”
Why not require Bitcoin miners generate the electricity they use?
The population of Texas, legal or not has exploded. The consumption of energy has increased with it, the powers they be have decided that Texans should worry about their prospects of energy availability at peak times.
Crypto mining is akin to burning your food[Corn] etc to produce ethanol for fuel. But, there is also the idea of who has these mines and if they are foreigners or connected to the chinese .gov or other groups.
This N.Y.U. Student Owns a $6 Million Crypto Mine. His Secret Is Out.
Stupid statement. They pay for it just like everyone.
If we deported all the illegals, that would solve the problem also.