Lessons From The Texas Power Crisis

<p>This episode of the Energy Gang was recorded <strong>before </strong>the Russian attack on Ukraine had begun.</p><p>As you’ll hear, we were talking after Russia had recognised the independence of the breakaway regions of Donetsk and Luhansk, but before the full-scale invasion.</p><p>We will have a lot to say about the implications for energy of the conflict in Ukraine in our <strong>next</strong> episode.</p><p>But this time, we were talking before the full extent of the crisis had unfolded.&nbsp;</p><p>The catastrophic blackouts that plagued Texas last year during the winter storm Eerie, were a result of a logistical domino effect. Many sustainability, energy, and political issues today are never as simple as cause and effect - there is always a network of decisions and actions that lead up to that initial fall of the domino. A more timely example is the current Russia and Ukraine conflict. The Energy Gang is not a show that usually focuses on geopolitics but it would be remiss to ignore the current situation in Ukraine, and the impact the conflict has had already on the world of energy.</p><p>In this week’s episode, Ed Crooks is joined by returning guest Emily Chasan, of General Capital, and we welcome Joshua Rhodes for his Energy Gang debut. Joshua is a professor at the University of Texas, Austin. He joins the show to discuss the Texas Blackouts and explain what has been done since to avoid it happening again. He helps explain the initial fall of the domino and the subsequent chain reaction that took place. Emily and the rest of the gang then touch on the situation in Eastern Europe and how <a href="https://www.theguardian.com/us-news/live/2022/feb/23/biden-ukraine-russia-crisis-putin-trump-republicans-politics-latest-live?page=with:block-6216a1b58f08dc83395378f9" rel="noopener noreferrer" target="_blank">energy policies come into play</a>. How does the current conflict affect the net-zero pledges just made only a few months ago at COP26?&nbsp;</p><p>The episode then leads into a debate on a new h