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To cover debt incurred due to high natural gas prices, utilities outside Texas have had to raise prices. Oklahoma Natural Gas is charging customers up to $7.80 per month for the next 25 years to securitize its costs of $1.4 billion during the crisis. [138] The natural gas industry reaped a windfall profit of $11 billion during the crisis. [22]
The climate in Texas is changing partially due to global warming and rising trends in greenhouse gas emissions. [1] As of 2016, most area of Texas had already warmed by 1.5 °F (0.83 °C) since the previous century because of greenhouse gas emissions by the United States and other countries. [1]
Former HUD Secretary Henry Cisneros joined Yahoo Finance Live to break down why what's happening in Texas is a prime example of why the government needs to invest more money into infrastructure.
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Hurricane Beryl landing on Texas coast has caused several road closures and delays in the Houston area and beyond. More than 1 million customers have lost power within hours of Beryl's landfall ...
In 2021, Brazil's worst drought in almost a century threatened its electricity supply. [6] [7] Brazil relies on hydropower for two-thirds of its electricity.[8]Euractiv reported that European Commissioner for Climate Action Frans Timmermans told the European Parliament in Strasbourg that "about one fifth" of the energy price increase "can be attributed to rising CO 2 pricing on the EU's carbon ...
Brazos Wind Farm, Fluvanna, 2004. Texas has over 150 wind farms, which together have a total nameplate capacity of over 30,000 MW (as of 2020). [5] [6] If Texas were a country, it would rank fifth in the world: [5] The installed wind capacity in Texas exceeds installed wind capacity in all countries but China, the United States, Germany and India.
Texas' weather varies widely, from arid in the west to humid in the east. The huge expanse of Texas encompasses several regions with distinctly different climates: Northern Plains, Trans-Pecos Region, Texas Hill Country, Piney Woods, and South Texas. Generally speaking, the eastern half of the state is humid subtropical, while the western half ...