The U.S. Senate’s attempt to move this legislation has lifted the veil on the real cost yet ineffectiveness of ambitous federal CO2 reduction mandates. As the leading energy producing state, the Texas economy would be most adversely impacted. This brief offers a risk-benefit assessment of this unprecedented legislation and highlights the effects on Texas.
Energy & Environment
Texas is About to Spend $100 Billion on Power Lines It Does Not Need
Our electric bills are about to go up. Most Texans have no idea why. Texas regulators approved $33 billion in new high-voltage power lines (the Strategic Transmission Expansion Plan, or STEP) without a single legislative vote. Factor in financing, maintenance, and taxes over the life of the projects, and the tab for ratepayers hits nearly...
June 2, 2026