Two weeks ago, a polar vortex prompted most Texans to huddle inside heated buildings to escape the icy weather. It also nearly caused some Texans to experience power outages.
However, the fact that Texas’ competitive electricity market helped avert power outages was lost on electricity generators, who recently took out a full page ad in the Austin-American Statesman advocating for a $4 billion electricity tax on Texas consumers.
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Hunker is a policy analyst with the Center for Economic Freedom at the Texas Public Policy Foundation, a non-profit, free-market research institute based in Austin.