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Renewable subsidies have distorted and destabilized the Texas electric grid, which resulted in a week-long power outage during the February 2021 freeze. To prevent more blackouts, Republicans in the Lone Star State now plan to subsidize gas power plants.
The Texas Senate last week passed putative energy reforms to “level the playing field,” as Lt. Gov. Dan Patrick put it. Texans will now spend tens of billions of dollars to bolster natural-gas plants that provide reliable power but can’t make money because of competition from subsidized renewable energy.
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Renewable subsidies have distorted and destabilized the Texas electric grid, which resulted in a week-long power outage during the February 2021 freeze. To prevent more blackouts, Republicans in the Lone Star State now plan to subsidize gas power plants.
The Texas Senate last week passed putative energy reforms to “level the playing field,” as Lt. Gov. Dan Patrick put it. Texans will now spend tens of billions of dollars to bolster natural-gas plants that provide reliable power but can’t make money because of competition from subsidized renewable energy.
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The least advantaged in market societies are better off than the least advantaged in nonmarket societies and may be better off than the most well-off in some nonmarket societies. This material fact, we argue, is of moral significance.--Storr and Choi
SatStats: Birth Rates
The nations of the world are under significant demographic pressure. The most vulnerable are said to be Germany, Italy, and China. There are implications regarding identity, workforce, and the modern state's strange notion that current promises can be paid for by subsequent generations. This is culled from The Daily Mail.
A baby boom in the mid-20th century saw the average woman give birth to between three and four children. Today, just 1.6 children - the lowest level recorded since data was first tracked in 1800.
Dr Melissa Kearney, an economic professor at the University of Maryland, told DailyMail.com: 'There has been a greater emphasis on spending time building careers. Adults are changing their attitudes toward having kids.'They are choosing to spend money and time in different ways... [that] are coming into conflict with parenting.' She continued that younger people are also showing more interest in leisure activities and travel now than they did before, on top of career building.'[Wanting to travel] just comes into conflict with parenting,' she said.
This could lead to economic devastation in America down the line - as the federal government would need to collect more taxes to fund programs such as Medicare and Social Security - while dishing out fewer benefits to each person.
Fertility in the US has long been falling. A half-century ago in 1970, the average woman was having 2.39 children over her entire life span.
In 1920 - a full century ago - the rate was at 3.17. The earliest available data from 1800 puts the rate at 7.04. The Census Bureau predicts there will be 94.7 million Americans over the age of 65 by 2060, accounting for 23 percent of the nation's population. In 2020, the most recent Census, 56 million Americans were over 65 - accounting for just 17 percent of the population. A half-century ago in 1970, seniors made up around 10 percent of the US population.
Scandinavian countries such as Sweden (fertility rate of 1.6) and Norway (1.5), which have strong welfare states also suffer from a declining birth rate.
A baby boom in the mid-20th century saw the average woman give birth to between three and four children. Today, just 1.6 children - the lowest level recorded since data was first tracked in 1800.
Dr Melissa Kearney, an economic professor at the University of Maryland, told DailyMail.com: 'There has been a greater emphasis on spending time building careers. Adults are changing their attitudes toward having kids.'They are choosing to spend money and time in different ways... [that] are coming into conflict with parenting.' She continued that younger people are also showing more interest in leisure activities and travel now than they did before, on top of career building.'[Wanting to travel] just comes into conflict with parenting,' she said.
This could lead to economic devastation in America down the line - as the federal government would need to collect more taxes to fund programs such as Medicare and Social Security - while dishing out fewer benefits to each person.
Fertility in the US has long been falling. A half-century ago in 1970, the average woman was having 2.39 children over her entire life span.
In 1920 - a full century ago - the rate was at 3.17. The earliest available data from 1800 puts the rate at 7.04. The Census Bureau predicts there will be 94.7 million Americans over the age of 65 by 2060, accounting for 23 percent of the nation's population. In 2020, the most recent Census, 56 million Americans were over 65 - accounting for just 17 percent of the population. A half-century ago in 1970, seniors made up around 10 percent of the US population.
Scandinavian countries such as Sweden (fertility rate of 1.6) and Norway (1.5), which have strong welfare states also suffer from a declining birth rate.
Men are now having their first child at 26.4 years old on average, while women are giving birth for the first time at 23.7. Both have increased greatly in the last two decades
The number of American women with at least one child has fallen to just 52.1 percent, while the number of men dropped to 39.7 percent in 2019
Estimates are that the American population will start to decline in 2035.
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