Competition has worked quite well to ensure reliability and affordable prices in Texas. Making capacity payments to generators is not necessary and would introduce complex and uncompetitive elements that would adversely impact Texas' competitive market.
Biden’s ‘less is more’ mantra demands sacrifice only from average Americans
The Biden administration can’t escape the blame for higher prices. And that’s why it must try to redirect voters’ anger. JPMorgan Chase CEO Jamie Dimon mentioned “inflation” more than 20 times in his annual report to shareholders, released Monday. And he warned that the Federal Reserve’s response — raising interest rates to cool spending — could...