Texas Freezes Over Pt 2. Frozen Wind Turbines, the Green New Deal and Big Oil’s Spin Machine w/ Climate Campaigner Jamie Hen‪n‬

Our series on Texas’s winter crisis continues!

Listen in here: https://bit.ly/BigOilSpinGandR

In this episode, we talk with Jamie Henn from Fossil Free Media about the climate and power crisis in Texas. We discuss how the minions of the oil and gas industry –right-wing politicians Greg Abbott and Rick Perry, and their spin machine– moved to shift the blame of the Continue reading “Texas Freezes Over Pt 2. Frozen Wind Turbines, the Green New Deal and Big Oil’s Spin Machine w/ Climate Campaigner Jamie Hen‪n‬”

Texas Energy Corporations make billions, but weatherization was too expensive…..

cross-posted from Afflict the Comfortable

by Bob Buzzanco

Among the many utterly ridiculous claims made by the Texas GOP and “energy” industry, is that they couldn’t have foreseen a “Black Swan” event like the winter storms in Texas (because the 2011 Super Bowl Stormhttps://www.nytimes.com/2011/02/05/us/05storm.html was so long ago) and it would have been too expensive to weatherize the infrastructure–natural gas, coal, oil, because wind, the scapegoat for Texas politicos right now makes up barely 10 percent of the power grid. So below is some data on just how much the major energy companies in Texas raked in. I guess when you’re making $9-12 billion a year, you can’t afford to plan for a rain, or snowy, day. Maybe a GoFundMe page is in order?

NRG Energy Revenue, 2006-2020

NRG Energy annual/quarterly revenue history and growth rate from 2006 to 2020. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. Continue reading “Texas Energy Corporations make billions, but weatherization was too expensive…..”