Texas’s energy crisis shows why we need to reform our privatized energy system
Texas residents will be spending the next few months recovering from one of the country’s most catastrophic collisions of extreme weather and extreme hubris. Not only was the state hit by a massive polar vortex created by fossil-fueled climate change, but by a meltdown and near-collapse of an electrical grid designed to maximize profits for private utilities rather than the needs of communities for reliable and green energy sources.
As Texas assesses the damage and what to do next, it is clearer than ever that Texas and the nation must confront the foundational flaw of our energy system: its prioritization of profits over people.
Publication date:
2021-03-15
Parent publication:
Portside
