The rise in renewable energy subsidies has distorted the energy market – especially in Texas – imposing high costs to taxpayers and limiting the reliability of the electric grid. The answer to clean air is NOT through government interventions, but through embracing the free market. The U.S. serves as a model for the world and has proven that the free-market approach is the key to achieving low emissions and cleaner air overall.
TPPF Releases New Research on ERCOT’s 765-kv Strategic Transmission Expansion Plan
AUSTIN– Today, TPPF’s Life:Powered campaign released new research outlining the cost and impact of ERCOT’s 765kv Strategic Transmission Expansion Plan or STEP. The paper finds that the STEP does not meaningfully reduce the need for new generation, nor does it reduce prices for consumers. In fact, the STEP would impose nearly $100 billion in lifetime...