Texas’ Underregulated Energy Grid Responsible For Millions Without Heat, Electricity | NBC News NOW

NBC News’ Josh Lederman explains why Texas’ privately managed power grid is responsible for leaving millions of residents without power after a once-in-a-century winter storm.
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Texas’ Underregulated Energy Grid Responsible For Millions Without Heat, Electricity | NBC News NOW

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50 thoughts on “Texas’ Underregulated Energy Grid Responsible For Millions Without Heat, Electricity | NBC News NOW

  1. I enjoyed the vid. I've been trying to research for an insightful video like yours that educates the topics in this YouTube video! 👌Your explanation is like the channel from Dr. Ethan. Doctor's tips are totally helpful and he helped me on exams! He is the helpful health enthusiast in the UK and he teaches wellness.

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  2. 50 year resident of Texas here. Don’t be fooled, we always had plenty of energy until government started wanting to create a crisis to be the regulating answer. Less government, not more!

  3. Everybody’s getting lazy that’s why everybody’s guard is down! Guess what happens when China and Russian invade via god knows how! OMG! We’re fkd! Oh well! God have mercy!

  4. Wake up! Do not be deceived by "heartwarming" baloney or clever manipulations! The "Federal" Reserve just gifted $2 TRILLION to its banksters buy their uncollectible, mortgage-backed bonds in 2019 to 2020, when they knew that if the banksters attempted to sell such bonds, they would have had to sell them at ludicrously low prices: particularly, because real estate has been in a huge bubble for years and this pandemic has prevented so many businesses from opening, resulted in their insolvency and defaults on their rents and mortgages, and will result in many, many commercial landlords also being in default on their mortgage-backed bonds given to the banksters.

    Will anyone give even a fraction of such sums to the poor in Texas or those ordinary Americans who now face huge bills to repair their burst pipes or to buy water to give to their families because the water supply became contaminated? NEVER. There will be federal loans, which the Texas poor and middle class will have to pay for the next decade(s.) They will not get bailouts, because they do not control the USA, like the banksters control it.

    (The deceptively named "Federal" Reserve is actually owned by the ultra-rich who own banks that own the shares in the district banks of the "Fed." Those ultra-rich (the "banksters") always cause the "Fed" to pretend to act in the best interests of all Americans, while it actually keeps funneling TRILLIONS in funds to those banksters, who own it and control the US media as reported in Forbes Magazine, which reported that 15 billionaires own US media. See "Audit Of The Federal Reserve Reveals $16 Trillion In Secret Bailouts" in countercurrents d o t o r g.)

    With this covid pandemic, I also must point out to all minorities but particularly to African-Americans, that you are being fooled by those in power with nonsense, like the tv shows "American Gods," into believing that things are changing. They are not, because those in power just want you to keep voting for them even though they secretly despise you and keep giving them power while you get nothing back, have to attend lousy schools, get inadequate nutrition from companies, like fast food companies that know that their food is hurting you, not qualify for significant sums in student loans, then not be able to get a decent job, and if you got any student loans, have to pay them for the rest of your life, because they are not dischargeable in bankruptcy anymore.

    Vote for your own people of your own race, poverty level, ethnic group, and religion, who will actually care about you and act in your own best interests and not for the corrupt "elites" who never represented your interests and got the $2 TRILLION in bailouts these last two years or $29 TRILLION during the last bailouts. See "Bernanke’s Obfuscation Continues: The Fed’s $29 Trillion Bail-Out Of Wall Street" in Huffingtonpost. See "The Fed's $29 TRILLION bailout of Wall Street" in multiplier effects d o t o r g. Take it from a fellow minority member.

    However, to all of you poor whites, wake up! You have also been getting the shaft for decades, albeit those who have been wielding it may have sometimes been of your own racial group. Support people who might care about you, because they come from the same position and poverty level and will return to it after they leave office. Not everyone is a crook. The banksters want you to give up, assume everyone is a crook, and just vote for and accept their crooks.

  5. Over-regulation and Government control it what most people commenting seem to want . When an ice storm happens in the Northern states , we blame the ice for the damage . The storm the happened in Texas is historical because there is no weather event like it ever recorded in Texas . Mother Nature happens , folks .

  6. not to mention they let Obummer set them up to China controlling their power grids, those "green" wind turbines are also Chinas,
    China shut you down

  7. You only had one job, just one and now for the last 50 plus years you have been going after my job and the one job that you had is all fuked up.

  8. Snowing are created system electricista colapse by wheather by seazon winter winds and snowing.i was said truth derly Salazar the scientist warnning to elders.mormons

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  10. I live up north. our wind turbines don't freeze up and stop working. The fault is with the power company saving a few bucks and cutting corners…

  11. Lots of left wing political spin from NBC (as usual). Notice they don't do this when New York or New England has major, long term power outages caused by freezing rain and snow (just like Texas)???? They talk about the weather. Double standards as usual.

  12. I'm just disgusted at people attacking the Green Plan, like seriously it's a matter of building for extreme climate be it the natural gas that got shutdown or anything generally.
    And the truth is this, your own Texan Senator is hiding in Cancun while you freeze.

  13. Lots of Texas architects, engineers and construction trades need to lose their licenses; maybe even do jail time for gross engineering negligence; ranging from inadequate power grid design to negligent plumbing, insulation and heating of individual residences. Up here in the north, -40F is just another day. In Texas it's a national disaster. Designing for the best conditions and ignoring 20 year cycles of unusual weather just doesn't cut it. And don't blame 'climate change' for every disaster that comes along!

  14. Texas is FULL of STUPID people !.
    They ALL trust republicans to represent them.
    republicans are a group of CORRUPTED, THIEF'S, and LIARS.

  15. Imagine HOW MUCH MONEY these guys will get from the thousands of dollars electricity bills Texans will be getting by the end of the month! Rounds of French champagne all around the boardrooms!
    It will be as if the Titanic crew charged big bucks for life preserver vests!
    Deregulation AT ITS BEST! Hooray for Texas! Re-elect Ted Cacún Cruz for the Senate!

  16. One factor they aren't discussing in the news is how Texans heat their homes. Despite the state producing HUGE amounts of natural gas, few homes in Texas are heated by it. Electric heat pumps rule the day in Texas, because it is cheaper. Cheaper for the developer building the neighborhood cause they don't have to run gas lines. The HVAC unit is cheaper itself, because an electric heat pump is basically air conditioning run in reverse. Heat pumps are reasonably efficient until the temp drops below freezing, then they use A LOT more electricity, hence part of the reason for the blackouts, google how a heat pump works.

  17. Will Texans learn from what Republicans have done for them? Doubtful! There's a reason there's regulations! To avoid this type of failure! Freedom from regulations, even if it means death and destruction! Republicans put money over the safety of their voters! Just one more example! Greed unchecked!

  18. The CEO of ERCOT should have a last name change to MADNESS instead of Magness. He should resign and appoint Elon Musk to be the new CEO. Only Elon will be able to solve the ENERGY problems of Texas.

  19. … not quite… The short answer is the imbalance of power generators causes by the ERCOT and its affiliations… Their reserve ratio is off, their combination is very bad… They just simply cannot do the winterization ❄️🥶 on those solar panels system and those windmills… nor can they do the rolling blackouts while loosing power generators left and right…now…! They must be investigated… ASAP…and may need to do away with them worthless organization political driven…!
    We shouldn't do the deregulation and turn around let ERCOT to regulate US… All… back into the so call green renewable energy sources…!
    ERCOT must be responsible for damages cause by lost power supply to all citizens… they are ineffective unreliable inefficient… not trust worthy…!
    EUDS

    Reference…
    ERCOT.com

    .

  20. I’m getting really annoyed with these articles. They are ALL talking about the failure of the power plants and supply.

    Half the story!

    ERCOT implemented rolling blackouts. Okay fine. But when some neighborhoods were turned on they didn’t turn on. The transformers blew. While some neighborhoods were fully on others like mine were off for days. These rolling blackouts weren’t rolling!

    And nobody is even addressing it

  21. Stupid for going it alone and not connecting to neighboring states’ power grid so Texas cannot borrow power load from its neighbors in time of high demand. Going it alone will result in more frequent rolling blackouts in order to save the grid system from collapsing. Just more excuses for the power companies to charge customers more in order to reduce the rolling blackouts. Texans need to grow a brain by joining its neighbors.

  22. Remember when all the photo ops of stacks of blank paper representing excessive goverment regulations was the calling card of republican " less goverment" . Its all fine and dandy until it hits the fan. Hey but guys like jerry jones are making more money this month than they ever have. I wonder if he's a republican hmmmmmm . Keep voting republican texas, you deserve each other. Ted cruz for pres. in 2024 right, a$$clowns

  23. It's the wind and solar power that failed the grid! according to the Fox Journal editorial Report. Yep, its all on the green new deal. The great state of texas was dependent on wind power and solar Power<<hahahaha. what about the gas the coal that powers 90% of the grid. Nice try Fox pundits

  24. I would like to say Texas will wake up from these but I'm sure they'll figure out how to blame communism and abortion on this.

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