Paul Krugman

@paulkrugman ↗

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Last Checked March 19, 2021

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Sat Feb 20 12:04:19 +0000 2021

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Paul Krugman @paulkrugman

The idea behind Texas energy policy was that a deregulated market didn't require any oversight to protect the system from crisis, because profit-maximizing utilities would build in robust excess capacity to take advantage of possible price spikes 2/ — PolitiTweet.org

Posted Feb. 20, 2021

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Paul Krugman @paulkrugman

It's too bad that the Republicans who run Texas are now committed to the canard that renewable energy somehow caused the blackout; once you've gone with a Big Lie, there's no going back. Because they really should be reflecting on the failure of a theory 1/ — PolitiTweet.org

Posted Feb. 20, 2021

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Paul Krugman @paulkrugman

But they didn't, even though the price spike has been incredible 3/ https://t.co/LpX5a6VUQ4 — PolitiTweet.org

Posted Feb. 20, 2021