CSHB 2908 requires the Public Utility Commission of Texas to study the distortion in electricity pricing in the ERCOT (Electric Reliability Council of Texas) power region caused by the federal Production Tax Credit (PTC) and report its findings to the Texas Legislature.
Energy & Environment
The Energy Subsidy Trap: How the One Big Beautiful Bill Proved Subsidies Are Nearly Impossible to Remove
The One Big Beautiful Bill Act, signed into law on July 4, 2025, was supposed to be a decisive break from government intervention in energy markets. Instead, it became a masterclass in why energy subsidies represent one of the most persistent forms of government market intervention. When Congress first debated energy policy reform, the U.S....
July 23, 2025