Very different Ted Cruz on, say, health care regulations.
Can you imagine a Blumenthal-Cruz "power company customer bill of rights"???
Every jurisdiction that I'm aware of has some regs on essential utility prices, esp natural monopolies. (Water, power).
It's just, TX decided to cap prices at $9/kwh, let retailers pass on all of it to residential customers and failed to incentivize winterization.
A company might gamble that this year's or next year's or even the next 10 years might be warm enough to make the investment not worth it. But the consequences of failure are catastrophic; as @elonmusk would say, an unpriced externality.
In this case it might even be worse than an unpriced externality: failures caused prices to skyrocket so power producers made more money than ever before despite terrible service quality for the end user.
Higher prices/worse quality/etc.
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Large fleets of EVs could eventually be a source of grid stability. Time pricing and, eventually, 2-way charging. May not be cost effective for homes but bus fleets, for example, are often just sitting at depots doing nothing when they could be making $ with grid services.
If you are worried about battery degradation, you just set the price you are willing to sell the extra juice in your bus to above battery replacement cost. (Surely well below $9,000 a megawatt hour!!!!)
Bill Cassidy:
"A president upholding his oath to 'preserve, protect, and defend the Constitution' would have activated the National Guard and told rioters to go home at the first opportunity. President Trump did not..." theadvocate.com/baton_rouge/opβ¦
Mitch McConnell arguing it's unconstitutional to try a former president after he announced Jan. 13 he would not allow a trial of Trump while he was president.
McConnell notes the House didn't send the article until after Trump left office β but that's because he had already issued a talk to the hand press release.
! McConnell said Trump "didn't get away with anything yet, YET."
Says former presidents are not immune from criminal prosecution or civil suits.