BIAS: WSJ mischaracterizes the Texas power system

https://www.wsj.com/articles/a-failure-of-texas-size-proportionsstate-struggles-to-overhaul-its-power-market-11618565415

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‘A Failure of Texas-Size Proportions’—State Struggles to Overhaul Its Power Market February storm exposed flaws in laissez-faire electricity system; fixes promise to be complex and costly (Wall Street Journal)

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This overlooks the fact that the “power board” is a bunch of bureaucrats appointed by politicians.

That ain’t laissez-faire!

—30—

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