Texas Proposition 7 would create energy fund to prop up power grid

  • 📰 dallasnews
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 71%

Energy Energy Headlines News

Energy Energy Latest News,Energy Energy Headlines

The Dallas Morning News recommends in the 2023 election for Proposition 7, which would create a state-funded low-interest loan program to boost fossil fuel...

This constitutional amendment would create the Texas Energy Fund to support construction, maintenance, modernization and operation of electric generating facilities.The deadly power outages caused by the February 2021 winter storm made many Texans aware of the unreliability of the state’s electric grid. A record-setting heat wave which broke demand records 10 times this summer added worry.

Renewable energy must continue to be supported and grow as the state’s primary energy source, but Texas’ homes and businesses can’t be left in the dark while the state figures out how to transition from fossil fuels to renewables.Another $1.8 billion for Proposition 7 would be dedicated for grants to help build power resiliency infrastructure for critical facilities, such as hospitals.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 18. in ENERGY

Energy Energy Latest News, Energy Energy Headlines