About: Roy Cordato

VP for research and resident scholar at the John Locke Foundation

Recent Posts by Roy Cordato

For McCrory “moving forward” is synonymous with more corporate welfare

In this video clip Governor McCrory tells business leaders in the state that the way to keep North Carolina moving forward economically is to pass the North Carolina Competes legislation. He also claims that the leaders of both bodies of our state’s legislature agree with him. It should be noted that the word “compete” hasContinue Reading

Wealth and income are different

Saturday’s headline over at Channel 8 in Greensboro read “Here are the three wealthiest zip codes in North Carolina”. And the first sentence of the article reads “Credit services company Experian has recently released a map showing the three wealthiest zip codes in each state. And Greensboro is on the list for North Carolina.” From that pointContinue Reading

Harry Truman vs the NC Solar Industry

Becki’s post below suggests an interesting comparison. Harry Truman is famous for saying that “It’s amazing how much can be accomplished if no one cares who gets the credit.” It appears that the North Carolina solar industry has adopted a very different motto–“It’s amazing how much can be accomplished if you have no sense of shame.”Continue Reading

Why I am not a Republican, reason #1

My colleague Jon Sanders, as usual, was completely right; yesterday was another day where the Carolina cronies, this time in the form of the solar industry, took complete control of the NC legislature. A bill to end North Carolina’s expensive and coercive renewable portfolio standard was shot down in the House and in the SenateContinue Reading

Large investment banks benefiting from NC’s solar industry welfare payments

According to NC DENR (footnote 6) in their latest report on North Carolina’s renewable portfolio standard. Investors are allowed to claim a maximum of 20% of the ITC each year and are eligible to take the ITC during the first ten years after the project. ITC claims are expected to rise through 2015. Through 2012, solar accountedContinue Reading

So who else is saying NC’s renewable energy mandates may be hurting the economy?

North Carolina remains the only state in the Southeast to have enacted a REPS. As a result of this geographic isolation, long term energy prices may adversely impact economic growth and challenge recent improvements in employment in North Carolina. NC DENR, “The Energy Report: A Snapshot of North Carolina’s Energy Portfolio Seven Years After Session Law  

You might be a progressive if…

…you believe that businesses should operate with a conscience, unless, of course, it’s the business’ religion that guides its conscience.

Good or bad, third party solar electricity sales are not free market

If an industry can only provide its product by using the state to force others to deal with them it is not a industry that can be functional in a truly free market. And this is the case with third party solar power sales. In a recent News and Observer article Rep. John Szoka plugsContinue Reading

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