Originally Posted by
Hawkeye10
I am convinced the ERCOT managers did a shit job during the last crisis.....do you have the sense that they have brought in more competent people?
ERCOT was allowed to turn off emergency equipment in an emergency. That defeats the purpose of emergency equipment, but did save ERCOT some money for a few years. They mismanaged the crisis years before the crisis happened.
Beyond that, they have planned extreme under investment in infrastructure. The USA in general has under invested in infrastructure, but Texas is so much worse. Even if ERCOT has fixed all the previous problems, this one will take decades to fix.
Daniel Patrick Moynihan said it best, "You are entitled to your opinion. But you are not entitled to your own facts."
Paul Begala, "Politics is show business for ugly people."
Stephen Colbert, "Reality has a well known liberal bias."
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