Could water, power woes threaten state's economy?

Dwindling supplies of water and electricity are imperiling the state's economic future, a Texas Senate committee was told Tuesday.

 

Although state officials predicted they could manage during 2012, both resources are intertwined and under pressure by natural or human constraints.

 

In the case of water, which cools generating plants, the problem is an ongoing drought. For electricity, the question is whether low retail prices are discouraging investment in future power plants.

 

That two-headed dilemma has state officials debating how much government can — or should — do in a deregulated market for electricity generation.

 

At stake are jobs.  ---Statesman Article here--

 

 

Jim Young

President

Solar Capital Group, LLC

512-565-7509

Follow Us: facebook.com/solarcapitalgroup

News & Blog: http://solarcapitalgroup.blogspot.com