In February 2021, the US was hit by a massive winter storm. Texas, unused to extreme cold weather and which had undergone decades of deregulation, was overwhelmed and its electricity grid collapsed. Millions were left without power in dangerously cold temperatures, dozens of people died and consumers were left with exorbitant bills.
In February 2021, the US was hit by a massive winter storm. Texas, unused to extreme cold weather and which had undergone decades of deregulation, was overwhelmed and its electricity grid collapsed. Millions were left without power in dangerously cold temperatures, dozens of people died and con.