Many electricity economists, including me, have argued that Texas is the antidote to California. Although neither state has implemented what I would call deregulation, the Texas model is a far sight more flexible, enforceable, and in touch with economic reality than the dysfunctional policy failure we saw in California. Texas’ electricity “deregulation” is not a … More Is Texas the antidote to California?
This article does a decent job of laying out the issues in something that most people find pretty arcane, but is a crucial debate in electricity deregulation — repeal of the Public Utility Holding Company Act of 1935 (PUHCA). Actually, that article does a much better job of articulating the arguments against repeal of PUHCA, … More Electricity deregulation and PUHCA