For a Californian like me, the first time encountering a “Koolickle” is an unsettling experience. Stepping inside the local mom-and-pop gas station to fill up my gas tank and being asked if I have ever tried a Kool-Aid pickled cucumber put me on my heels. “It looks like it’s glowing,” I mumble to the lady...
Applying a destination-based cash flow tax—better known as a “border-adjustment tax,” or BAT—to the import of reinsurance would have significant effects on the cost and availability of a range of insurance products. This report projects that, for Texas consumers, the impact would be $3.39 billion in higher property-casualty insurance premiums over the next decade.
Forecasting the Future of the ERCOT Grid, Part 1: The Ongoing Winter Reliability Challenge Written By: Michael Reed and Brent Bennett, Ph.D. Download the full research paper here. Key Points While the operational performance of the ERCOT grid has improved since Winter Storm Uri in 2021, the increasing reliance of the grid on wind, solar,...