"Texas produces twice as much renewable energy — including wind, solar and other types of power sources — as its heavily regulated competitor California, Forbes reports.
While the energy industry is booming in Texas, where the economy operates on free-market competition, California’s environmentally conscious regulations are financially taxing for citizens of the already expensive state and its ambitious future goals for producing renewable energy.
Texas and California were the first states in the country to introduce electricity market competition in 1996, but California changed its laws in 2001 following a massive energy crisis, which caused an 800-percent increase in electricity retail prices over the course of four months..."
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