Energy

Texas grid failure ignites feud over GOP oversight of energy industry

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Residents line up in their vehicles to enter a warming center and shelter after record-breaking winter temperatures, as local media reports most residents are without electricity, in Galveston, Texas, February 17, 2021.

Adrees Latif | Reuters

The Texas grid failure that’s left millions struggling without power in freezing conditions has ignited a feud between Democrats and the GOP over Republicans’ decades-long oversight of the energy industry and prompted calls for a system more resilient to extreme weather conditions.

Texas has avoided federal regulation by establishing its own power grid that’s nearly cut off from the rest of the country — an isolated system that conservatives in…



Source cnbc.com

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