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Were Texas power outages a result of electricity deregulation?

AUSTIN, Texas – Ken Lay, the former CEO of the energy and utility company Enron, was fond of writing letters to his friend George on stationery bearing his company’s famous crooked E. Crossing out the “Dear Governor Bush” typed by his secretary, and penciling in “Dear George” in its place, he wrote to invite Bush to musicals, commiserate over knee surgery, thank the governor for a Christmas gift and lay out the “benefits of competition” that electricity deregulation would bring. “We have already glimpsed this energy future, and it works,” Lay, who died in 2006 shortly after being convicted of a massive securities fraud, wrote to Bush in 1996, a year after Texas lawmakers had started to dismantle the electric utility monopolies.

Fossil Fuel Shock Doctrine: Naomi Klein on Deadly Deregulation & Why Texas Needs the Green New Deal

This is viewer supported news. Please do your part today.Donate Millions of Texans are still suffering after severe winter weather devastated the state’s energy and water systems. About 8 million Texans remain under orders to boil water, and 30,000 homes still have no power. Around 70 deaths have now been linked to the winter storms, including at least 12 people who died inside their homes after losing heat. Republican lawmakers in Texas are facing increasing criticism for their handling of the crisis, their decades-long push to deregulate the state’s energy system, and their unfounded attacks on renewable energy and the Green New Deal. Naomi Klein, senior correspondent at The Intercept and a professor at Rutgers University, says Republicans’ reaction is “because of panic” over their own culpability. “The Green New Deal is a plan that could solve so many of Texas’s problems and the problems across the country, and Republicans have absolutely nothing to offer except for

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