Texas brought this crisis on themselves by insisting on operating their own power grid that doesn’t connect with others; by failing to do anything to make the grid more resilient; by creating a political system that is controlled by power and money.
2015 can be viewed as the year in which the epochal transition from one set of fuels to another took off, with renewables making such significant strides that, for the first time in centuries, the beginning of the end of the Fossil Fuel Era has come into sight. This shift will take place no matter how well or poorly the deal just achieved at the U.N. climate summit in Paris is carried out.
It has never made less sense to build fossil fuel power plants.
That would be enough electricity to power nearly 100 million homes. As wind grows, investments in wind energy would reach as much as $70 billion annually by 2050, according to a new report, at which point the industry would support 600,000 jobs.
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