Capacity markets are a redistribution scheme that wastes billions of dollars in corporate subsidies. They offer Texas nothing that it couldn't get from an energy-only market at a cheaper, more efficient price.
Supermajority Solutions for Texas Taxpayers
Texas bond elections often pass with low voter turnout and simple majorities, driving up local debt as a result. Raising voter approval thresholds could protect taxpayers and ensure a stronger consensus for public spending. Key points: Even though tax relief has been funded at the state level, increased debt at the local level has led...