The Commoner

Issue #1313: The production does not justify the subsidies

With significantly less subsidies fossil fuels are producing far more reliable energy. These are the facts.

4 min read
Issue #1313: The production does not justify the subsidies
Share

It has been pretty damn cold this week in Texas. Here in Austin the temperature has been hovering around 32 degrees for the first four days of this week. All of the trees and power lines are covered in ice, the roads are a graveyard of fallen branches, and many parts of the city are without power due to the stress on the aforementioned power lines. It looks like we'll venture out of the woods later today as the temperature begins to rise well above freezing levels. Another winter storm has come and gone and the grid has weathered it pretty well all thanks to fossil fuels.

News and analysis, not financial, investment, legal, or tax advice. Figures and quotes are verified against primary sources where possible. See our editorial and financial disclosures.

Keep reading

All of TFTC

The Commoner

Truth for the Commoner, every weekday. Money, machines, and the people trying to control both.

Independent writing by Marty Bent at TFTC since 2017. Money, markets, AI, energy and privacy, delivered free to your inbox.

Free, every weekday. Unsubscribe anytime using the link in each newsletter. By subscribing you agree to our Terms and acknowledge our Privacy Policy. Read recent issues.