By Naomi Klein

Read the full article from The New York Times here.

“Today, Texans are at the mercy of regulation-allergic politicians who failed to require that energy companies plan for shocks or weatherize their infrastructure (renewables and fossil fuel alike). In a recent appearance on NBC’s ‘Today’ show, Austin’s mayor, Steve Adler, summed it up: ‘We have a deregulated power system in the state and it does not work, because it does not build in the incentives in order to protect people.'”