This perspective provides a comparison of two types of taxes–consumption vs. business–and their effects on the state economy. It finds that all taxes are not created equal and they produce very different incentive effects on the state’s long-term economic health.
Tight Grid Conditions in April and May Highlight the Risk of Soaring Electric Bills for Texans
The Electric Reliability Council of Texas (ERCOT) region will likely see real-time market prices approach the regulatory cap of $5,000/MWh on Wednesday, not long after price spikes on April 28 and April 16. The fact that the market is showing signs of scarcity in the spring, long before the heat of this summer or the...