Corporate welfare is when the government favors certain businesses in the form of direct subsidies, tax credits, or favorable regulatory schemes. Sometimes this practice is referred to as “economic development.” This label creates a dangerous misconception about corporate welfare, which is known to hinder, if not reverse, economic growth.
Energy & Environment
Forecasting the Future of the ERCOT Grid, Part 1: The Ongoing Winter Reliability Challenge
Forecasting the Future of the ERCOT Grid, Part 1: The Ongoing Winter Reliability Challenge Written By: Michael Reed and Brent Bennett, Ph.D. Download the full research paper here. Key Points While the operational performance of the ERCOT grid has improved since Winter Storm Uri in 2021, the increasing reliance of the grid on wind, solar,...
June 8, 2026