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.
Water Markets in Texas
Texas water law should be updated to embrace free market transactions that have been incorporated into other Texas statutes governing markets such as electricity, telecommunications, and insurance. Key points: The best instrument for optimizing allocation of scarce water resources is the exercise of private property rights in a competitive marketplace, otherwise known as a water...