that conspiracy would have been better suited for rhode island not fucking texas where everyone lives
I wish it would go back to freezing because traffic has been awful again and my hatred for the human race is going upwards
also I laugh at the lines coming out of the self serve car wash places especially when the car isnt even fucking dirty
okay not freezing persay but like 40-50 degrees and POS Texans dont wanna come out unless they have to
my truck is fucking filthy from driving around in the snow last week, but I’m waiting until probably this weekend to get it washed instead of wait in one of those dumb lines
after listening to the ercot hearing i really don't think they could've done much to prevent what happened last week. it sounds like a bunch of third parties needed to winterize their plants and pipelines and didn't want to spend the money to do it. to be fair i wouldn't either for a 1 in 20 year event.
But what if that 1 in 20 year event leads to people dying and subsequently suing you for lots and lots of money?
i really dont know. this is going to sound callous and fucked up but that's why they have insurance? and i think it would be very difficult to connect a pipeline in bumfuck north texas to someone in houston dying.
I'd be interested in knowing what the initial and annual costs would be for winterization vs what the combined costs of the 2011 and 2021 storms were.
Vistra winterized and much of their generation was online. It's not clear how much money they made last week and I don't know how much it costs to winterize But I have a ton of $ bet on them being the big winner last week. I've talked to some people who know and they say that Vistra could made 1-2 billion, with a b, because their generation stayed online.
idk I just know there's a recently filed $100 million lawsuit against Entergy for the death of an 11 year old because a trailer didn't have heat during the storm.
Yeah a lawyer in the lawyer thread works for the lawyer on that case. Buzbee shows a fundamental lack of understanding the issue by not suing Centerpoint. They were the ones who chose who had power and who didn't. Not ERCOT and not NEE.
agreed. they have years to amend the lawsuit, but suing the electric retailer provider and the grid is a loser. They need to sue Centerpoint and they'll make SO much money if they can prove they chose certain zip codes to have power and certain ones to not, and if the kid lived in a lesser zip code than some of my friends who had it the entire time in 90% white neighborhoods, Centerpoint is going to have to pay a ton.
This is a great interview with a UT professor who knows this stuff inside and out on what all went wrong. https://www.texastribune.org/podcast/texas-tribune-point-of-order/
I am going to dig in here. Rolling blackouts have happened more than 1 in 20 years. They have happened at least twice in a decade and actually I think another time 5 years ago but it was just cold, no precipitation to speak of. Don’t confuse the frequency of a storm like this happening with the frequency of rolling blackouts. One is more frequent than the other.
See, here is where it has mattered in the past. For the providers, they have not had to worry about the fallout of no power. They have only had to consider the cost of winterization digging into their pockets. Maybe if the insurance companies could legally pass all the claims along to the energy providers, they would see winterization as a more coat effective line item.
Also, wife had to walk-through our storage unit today with the facility manager. Fire suppression sprinkler broke in our unit from freeze damage. Apparently it did not happen in very many so we have some sort of luck. On the one hand, I have been trying to get rid of the stuff and unit for years. On the other hand, now I have to deal with a wife that is pissed.
This is something that I have felt as the event unfolded and I started doing meager research on it. This is an op-ed from the co-author of the 1999 bill that deregulated the power grid. In short, ERCOT has no ability to enforce practices on power providers, only to control the flow, and shed, of electricity. They only can make suggestions. The Texas legislature did not grant them the authority to enforce anything. in fact, ERCOT’s actions were the only thing that kept the power grid for the state intact. Without those actions, Texas would still be dark today. All the energy focused on ERCOT is either a distraction or comes out of ignorance it appears from this article. It will be interesting to see how this plays out. It looks like thus far, the State of Texas has so far been successful in landing its scapegoat, which it created, and also which had no control over the events that led to this disaster. https://www.google.com/amp/s/www.dallasnews.com/opinion/commentary/2021/02/25/i-co-authored-the-law-that-deregulated-the-texas-electrical-grid-ercot-didnt-cause-winter-outages/?outputType=amp
Remember when we had people in these threads blaming “the regulator” instead of the entire deregulated regulatory framework?
All the focus on “out-of-state” board members of ERCOT. Who the fuck cares if they are from mars? If the body has no control over what actually led to this event, who fucking cares?
I wouldn’t feel so bad if 75% of them weren’t bragging about how much they saved most of the year...it’s essentially a form of legal gambling, IMO
I just got a renewal notice. If I don't actively switch on time, it goes to a month to month variable plan. I have a feeling that a lot of people are in one without realizing it. All that said, one of the most powerful politicians in the state probably shouldn't be publicly siding with those that prey on his constituents, regardless of how they got in one.
Abbott still hasn’t talked to the mayor of Houston or the county judge seeing that an attack on local control is his number one priority always. It was probably pretty awkward since they were all with Biden yesterday.