As a powerful polar vortex brought freezing weather to much of the United States, the Texas electricity grid was "within seconds or minutes" away from a "catastrophic failure and complete blackout," on February 16, had they not decided to implement controlled outages, according to an official from the Electric Reliability Council of Texas (ERCOT), the company which manages the grid. The rolling blackouts which occurred as a result of that decision meant that more than four million customers in Texas were without electricity and heat for hours at a time, and half the counties in the state reported water problems due to power loss at water treatment facilities. As of February 19, there were reports of more than thirty-six deaths related to the storm and the loss of power, and 600,000 were still without power. Nearly a quarter of the state's population remains under orders to boil water before using it, if they have access to water at all. How did this happen in Texas, which is the largest producer and consumer of energy in the U.S., and in Houston, which is home to 5,000 energy-related firms and calls itself the Energy Capital of the World?There are two factors which led to the breakdown of Texas' energy sector, neither of which are acknowledged by the media and the so-called experts: the unreliability of "renewable" sources of energy, such as wind and solar; and the long-term effects of the neoliberal policy of deregulation, which puts speculative profits ahead of the necessary, continuous investment in infrastructure required to sustain a modern electricity grid. The closest the apologists for the present collapsing system come to recognizing the dangers caused by this deadly combination is to describe ERCOT as "unprepared" for the crisis, by which they mean that the real problem is the grid managers did not anticipate a storm of this magnitude hitting Texas. While this is true, they refuse to discuss WHY they were unprepared! On the breakdown of so-called renewable sources, there is total denial, as the financial oligarchy, represented by the Davos billionaires of the World Economic Forum, is plunging ahead with a global "Green New Deal" (GND). Texas now gets 23% of its electricity from wind. As the cold wave hit, the total electricity produced by wind turbines fell from more than 8,000 megawatts on Sunday, to 649 megawatts by Monday. Both Texas Governor Greg Abbott, and Rick Perry, the former Governor and U.S. Energy Secretary under President Trump, identified the failure of "renewable" sources as a major cause of the breakdown of the electricity grid, citing frozen wind turbines and snow-covered solar panels as a major contributing factor. In response, there has been a predictable hysterical outcry from pro-Green networks, insisting that this played only a "minor role" in the crisis. Typical of this reaction is an article in the February 18 New Yorker magazine by Greenie huckster Bill McKibben, "Blaming The Wind for the Mess in Texas Is Painfully Absurd." Despite wide circulation of photos of idle windmills, with icicles hanging from the blades, McKibben writes that "The idea that wind turbines cannot deal with cold weather is, prima facie, ridiculous." As for the effects of deregulation, which is also a central feature of the "Great Reset" of the Davos gang, there has been a wall of silence, including among "conservatives" who are "free market" advocates, many of whom correctly identify the devastating effects of Green policies, but are wedded to the neoliberal economic policies which have led to disinvestment in all platforms of infrastructure. The Fraud of the Green New Deal The Executive Intelligence Review released on February 12 what has proven to be a prescient report on the potentially devastating effects of a global shift to the "zero carbon" world demanded by those who swear by the Fake Science behind the demand for a transition to lower energy-flux-density production, allegedly to reduce carbon emissions. Titled "The Great Leap Backward: LaRouche Exposes the Green New Deal", the report draws on the five decades of scientific and economic research conducted by Lyndon LaRouche and his associates on the genocidal intent of those financial and corporate cartel officials — represented today by the Davos billionaires — who revived the quackery of the British Empire's Parson Malthus, to reverse the scientific and technological optimism unleashed by the U.S. space program of President Kennedy. The report includes details on the direct role of the British monarchy, under Prince Charles, in coordinating financial hit teams to cut off investment in physical goods production, in favor of creating a Green financial bubble, to bail out a bankrupt financial system. It exposes the relationship between the "Great Reset", a plan to place governments under the top-down control of central banks, which operate on behalf of the largest private banks and shadow banking institutions, and the GND. At the recent Davos online conference, a representative of BlackRock, the world's largest fund manager, and the initiator of a project for a global "financial regime change", spoke of a pool of $30 to $50 trillion, of central bank and private funds, which would flow into the Green financial bubble, while deliberately shutting down credit generation for productive enterprises, which are identified as deadly carbon polluters. A report produced by Chatham House, a "policy institute" connected to British intelligence, specified which industries should be red-lined by investors, so as to deny them credit in order to reduce the economy's "carbon footprint." These include investment in coal, oil and gas, and nuclear energy; cement, steel, aluminum and chemical manufacturing; and ships, planes and trucks. The report also advocates an end to eating meat, to be replaced by eating only plants.