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It has a great system for the various entities that own the state legislature.

Public utilities are essential services. “Great when times are good” literally is the worst type of arrangement. Having a public entity that exits to drive private profit is disgusting and a great example of the insanity of modern political thought.

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Agreed, but you should also acknowledge that the system has produced the largest buildout of renewables. In the past 30 days, 33% of generation in ERCOT was wind or solar (mostly wind). For comparison, CAISO in California was 23% (mostly solar).

Thanks for raising these points. I think Texas has many challenges but the energy market is actually quite elegant and brilliant. It could definitely use improvements around emergency conditions but we have had incredible rollout of new clean generation both on the renewable front and natural gas.

I did. It’s great for the landowners and producers, who in turn are kind to the legislators.

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