North Carolina scuttles energy scam– in part

Dr. Roy Cordato of the John Locke Foundation in Raleigh, North Carolina discusses the recent State budget and how legislators pulled the plug on the cash barrel propping up the “alternative” energy businesses.

The State General Assembly rolled back the “35 percent tax credit for renewables in general and solar in particular. The subsidy will expire on January 1, 2016.

Whether the GA will sunset the costly mandate requiring consumers to pay more that necessary for electric service in this State “remains to be seen,” writes Cordato.


About R. E. Smith Jr.

Mr. Smith writes essays and commentary on politics, American history, environment, higher education and culture. He's been published in print media and at blog sites for about 25 years. Smith's formal education includes B.S. and M.S. degrees from the State University of New York and Syracuse University. He has earned a 21-credit hour Certificate in Professional Writing from the University of North Carolina-Wilmington. Training/work experience: NYS Ranger School; U. S. Army, Corp of Engineers; soil scientist and forester with USDA; Assoc. Professor at SUNY; real estate agent; small business owner.
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