The industrial carbon tax incentivizes companies to lower emissions. Losing it could hinder trade.

In this eye-opening clip, Ian Kitajima explains how Japan’s rapidly aging population and shrinking workforce are forcing the country to rethink its economic ...

Students and faculty urge state legislators to invest in public colleges and universities.

Pakistan’s fiscal federalism falters as provinces fail to boost revenue, deepening debt and undermining local governance.

Malaysia and the EU revive FTA negotiations to boost trade, investment, and sustainability in a shifting global economy.

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Not a metaphor, not at all

Representatives express doubts about POMB model's impact on state's financial future.

Texas faces a crucial juncture for its economic future, and the strength and efficiency of its electrical grid are vital. Two legislative proposals, House Bills 3069 (HB 3069) and 5200 (HB 5200), offer key opportunities to strengthen the state's energy infrastructure and secure a reliable grid essential for economic growth. HB 3069, championed by Representative Drew Darby, focuses on ensuring that new transmission investments are both necessary and economically justifiable. The bill refines the planning process for these projects, requiring the Public Utility Commission (PUC) to establish criteria that compare estimated costs with anticipated savings for consumers over a ten-year period. This process promotes prudent investments that enhance grid performance and align with Texas’s economic development goals, particularly important given the state’s rapid population and industrial expansion. Businesses, from advanced manufacturing to data centers, rely on a consistent and affordable power supply, and HB 3069 facilitates grid expansion that meets these needs without unnecessary costs. HB 5200, introduced by Representative Rafael Anchia, aims to increase transmission capacity, decrease congestion, improve reliability, and mitigate wildfire risks through the integration of innovative technologies. It promotes the use of grid-enhancing technologies and high-performance conductors within the ERCOT power region, including dynamic line rating systems and advanced power flow controllers. Adopting these proven technologies can quickly increase capacity and unlock the potential of existing infrastructure, supporting clean and distributed energy resources. Together, these bills outline a comprehensive strategy to modernize Texas’s electrical grid. By removing transmission constraints, ensuring economic justification for projects, and integrating advanced technologies, the state can build a more reliable and efficient energy infrastructure. This modernization not only supports existing industries and attracts investment but also meets the increasing energy demands of a growing economy. The bipartisan support for both bills in the House demonstrates the Legislature’s recognition of the urgency and importance of these energy challenges. Maintaining a robust and reliable grid is critical for Texas’s long-term economic competitiveness and resilience, ensuring the state remains a leader in the energy sector. Former state Reps. Eddie Lucio, III, and Justin Holland

Uncover the impact of AI on the economic future. Will history repeat itself? Explore the potential upheaval and emergence of new industries.