Episode #4 | The Texas Energy Crisis and Enron

Global Thread

Last week, the Texas power grid failed horribly as the result of deregulatory energy policies, lack of oversight, and lack of preparedness. When the state was hit with frigid cold temperatures, ice, and snow, millions of Texans were left without electricity or gas to heat their homes, without a reliable water supply, and without cell service. Dozens of Texans died in their homes and cars by way of freezing to death or from carbon monoxide poisoning. Meanwhile, state elected officials pointed fingers and evaded blame at a time when they should have been addressing the crisis. Can we expect next time to be any better?

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