Nov. 21 — We West Texans know about oil markets. Their boom and bust cycles have forged our resilient West Texas spirit. In recent times, however, we have also come to know renewables, as corporations have made large wind and solar investments in the area. The U.N. Paris climate accord, which seeks to decrease emissions from coal, natural gas, and oil-burning plants, has played a role in incentivizing the energy transition from carbon-emitting sources to cleaner, renewable options. Solar prices have fallen down 60 percent since 2008, and wind has dropped 40 percent, which allows utility companies to purchase cheaper energy and lower rates for ratepayers.
Is a policy analyst for TCAP, a coalition of cities and other political subdivisions that purchase electricity in the deregulated market for their own governmental use. Because high energy costs can impact municipal budgets and the ability to fund essential services, TCAP, as part of its mission, actively promotes affordable energy policies. High energy prices also place a burden on local businesses and home consumers.