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☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 2 years ago

Texas power prices soar 20,000% as brutal heat wave sets off emergency

markets.businessinsider.com

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Texas power prices soar 20,000% as brutal heat wave sets off emergency

markets.businessinsider.com

☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 2 years ago
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On Wednesday evening, spot electricity prices topped $5,000 per megawatt-hour, up more than 200 times from Wednesday morning.
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  • FnordPrefect [comrade/them, he/him]@hexbear.net
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    2 years ago

    At ERCOT’s request, the Biden administration declared a power emergency in Texas on Thursday, waiving some air-pollution rules so generators in the state could produce more electricity.

    porky-happy Yeehaw! The more we pollute, the worse the heat will get, which will drive even more ludicrous demand, so we can pollute more, so the heat will get worse, so the demand will get even more ludicrous, so we can pollute more, etc.

    • end0fline@startrek.website
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      2 years ago

      I love living here but the Texas state government is a joke. ERCOT should have been told to get fucked. Why would things get fixed when it doesn’t seem to matter?

  • BurgerPunk [he/him, comrade/them]@hexbear.net
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    2 years ago

    I’m really happy i was able to get out of there. That storm in 2021 and the shot with the grid was it for me.

    • davi [he/him]@hexbear.net
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      2 years ago

      Same here; I’m glad I’m left that wannabe facist hell hole and for the same reasons

  • SturgiesYrFase@lemmy.ml
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    2 years ago

  • AernaLingus [any]@hexbear.net
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    2 years ago

    ancap-good

  • abuttandahalf@lemmy.ml
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    2 years ago

    The wonders of privatization and the free market

  • D61 [any]@hexbear.net
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    2 years ago

    matt-guerrilla

  • Frogmanfromlake [none/use name]@hexbear.net
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    2 years ago

    Yet people still keep moving down there because of low taxes and nice weather.

  • Jay@lemmy.ca
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    2 years ago

    deleted by creator

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