April 19 — Senate Bill 2109 started out as an energy efficiency bill, designed to increase reliability and reduce costs for consumers. But after a parliamentary move in a Senate committee on Thursday, the bill now focuses on what industry experts and stakeholders describe as a competition-stifling, investment-repelling plan to build several state-controlled emergency power generators. And the proposed law would be paid for by consumers, and could enrich a multibillion-dollar subsidiary of one of the most powerful conglomerates in the world.
Texas Standard: Proposed Energy Efficiency Law Swapped Out For ‘Terrible Plan’ From Warren Buffett’s Company
Apr 19, 2021 | News Roundup