North Carolina Governor McCrory’s stated energy policy is “all-of-the-above.” As with much political discourse and jargon these days this phrase related to policy is meaningless, or it can mean anything. McCrory might as well use the word whatever for his energy policy. But actions speak louder than words.
One of his actions to support this policy is to subsidize wind mills in eastern North Carolina—not by investing his personal money in this venture. Oh, no. Taxpayers and energy customers will pay more to prop up this breezy scheme.
Unfortunately, most of our governors (and representatives) operate to maintain power by pandering to interest groups, rather than promote public policies that work conservatively in the best interest of all taxpayers and consumers—often we see that no policy is better than bad policy. But government spending is seen as the political classes’ piggy-bank used to buy votes.
Dr. Roy Cordato, vice president for research at the John Locke Foundation in Raleigh, North Carolina, writes about this issue in the website shown below. He suggests that rather than government subsidies and mandates, market-driven activities will sort out the most efficient and cost-effective use of natural resources to deliver energy to us.
Government should have a “get-out-of-the-way” policy, writes Cordato.
I’ll vote for that.