Dennis Prager Show - Everything is Bigger in Texas! Including the Government Incompetence Aired: 2021-09-23 Duration: 04:33 === Four Million Texans Without Power (02:22) === [00:00:00] The Great Texas Freeze of 2021, given by Jason Isaac, a fellow at the Texas Public Policy Foundation. [00:00:10] Let's hear a minute or so of the beginning. [00:00:15] The week of Valentine's Day, 2021, the temperature dropped below zero. [00:00:19] Nobody could remember it being this cold for this long. [00:00:22] This was Texas, not Siberia. [00:00:25] But Texas is the energy state. [00:00:27] There was nothing to fear. [00:00:29] Just go home, turn on the heat, and hunker down. [00:00:31] That's how it should have gone. [00:00:33] Instead, over five days, four million Texans lost power during what turned out to be the coldest winter storm in half a century. [00:00:42] Hundreds died, including an 11-year-old boy who froze to death in his sleep. [00:00:47] The state's electric grid operator, the Electric Reliability Council of Texas, ERCOT, later reported the state was just four minutes away from total grid collapse. [00:00:56] The media was quick to blame the state government for not being fully prepared and not acting fast enough. [00:01:02] This may be true, but ERCOT's mistakes were symptoms, not the cause of the problem. [00:01:07] The real cause is decades of misguided policies that have left the Lone Star State with an unreliable energy infrastructure. [00:01:14] It's a cautionary tale that the rest of the country needs to learn from. [00:01:19] Alright, let's hold it there and go to my guest, Jason Isaac. [00:01:25] And thank you for coming on the show, Jason. [00:01:29] It's, listening to it again, I realize four million Texans did not have power, is that correct? [00:01:39] That's correct, for several days, mind you, several days. [00:01:43] With freezing temperatures? [00:01:46] Yeah, the coldest temperatures we'd seen for that long of a period for over 50 years. [00:01:52] Right. [00:01:55] Well, before you tell us why it happened, am I right in being somewhat puzzled by the lack of curiosity in America as to how that happened? === Market Distorting Policies Pushed (02:25) === [00:02:10] Yeah, I think you are. [00:02:12] It's interesting, and I'm in the swamp right now in Washington, D.C., and I've had a lot of members of Congress come up and ask me still about the February freeze and what caused it. [00:02:23] And I let them know that the problem is rooted in market-distorting policies that started in Washington, D.C. And then Texas even passed more of its own to prop up these unreliable electric providers to say that we're number one. [00:02:39] And in Texas, we like to say we're number one. [00:02:41] Everything's bigger in Texas, and unfortunately, we are the number one state for wind-generated electricity. [00:02:48] It's a third of our grid now. [00:02:50] 33% of our grid is unreliable, variable, renewable electric generation. [00:02:57] And we've suffered the cost of that in February. [00:03:02] And we found out what's going to happen. [00:03:03] And it's things that have been happening in Germany, things that have been happening in California. [00:03:07] And I think people in Texas woke up and realized that cold weather is much more dangerous than warm weather. [00:03:15] Yeah. [00:03:16] That's right. [00:03:17] Well, far more people continue to die of cold weather in the world than from warm weather. [00:03:22] So, if what you're saying is accurate, then should this happen again in three years, then the exact same thing will happen again in three years. [00:03:36] Yeah, absolutely. [00:03:37] And what's being pushed in Washington, D.C. with this... [00:03:40] Build China Back Better program, the reconciliation package. [00:03:43] It's going to happen all across the grid if this package gets passed. [00:03:48] What has happened in Texas? [00:03:50] Now, I don't think it's going to happen in Texas again because the governor, we had some legislation that we supported and advocated for this past legislative session in Texas. [00:03:58] The governor followed through with a strong executive order telling the Public Utility Commission of Texas to direct... [00:04:07] The cost of unreliable electric generation on the generators themselves, not on the ratepayers. [00:04:15] And it's all pushed down to the ratepayers now. [00:04:18] And so it'll be nice that the generators are going to be the ones that have to pay for reliable electricity. [00:04:23] All right, hold it there for a moment. [00:04:24] This is an incredibly important subject. [00:04:27] ReliefFactor.com, 800-500-8384, my friends.