What will come from Texas Artic Vortex

[Robert Freeborn]

I’m sure we’ve all seen many videos of ceilings collapsing, pipes bursting, and flooded floors coming out of Texas.

Considering the uncertainty with the power grid, climate change, and likelihood or unlikelihood of the energy grid being prepared for future weather events, do you intend to start investing or continuing investing in Texas? Do you intend to sell? What kid of opportunities do you see in the future?

[Jim Cummings]

@Robert Freeborn. I've lived in Central Texas (Austin > College Station) continuously since the late 80's, and this is the third "Freak Weather" system I've experienced. You grit your teeth for a few days, add another layer of clothing - survive it, and continue on with life as before. 

IMO, we need to invest in more traditional power systems known to be reliable. Wind is great most of the year in Texas - but obviously susceptible to cold weather, it's also an eyesore IMO, takes up vast amounts of land, much the same thoughts about Solar Farms. So called environmentally friendly power generation systems have a place - but we shouldn't place our main power generation into these type of systems until their reliability is more of a fact and less of a promise.   

The biggest argument against traditional power generators is the environmental argument. The Climate is changing - most agree on that point! The difference is what is causing the change. I'm more of the cyclical change believer. 20-years ago, many were pushing a coming Ice age. Much depends on your political point of view.