The Cato Institute is airing a podcast called "How Not to Subsidize Renewable Energy" that explains how "The renewable portfolio standard subsidizes renewable energy in states via higher energy costs for low-income people."
Last year North Carolina policymakers made major changes to state energy policy — but not to the state's exorbitant avoided-cost rates. Such a reform is all the more necessary, however, because of last year's restructuring of energy policy.
Turning solar developers into a big, greedy business capable of running roughshod over poor neighbors' concerns in small towns was an unintended negative consequence of all the cronyism for solar development.
It's a two-pronged, self-defeating argument that solar advocates make without seeming to notice how the second prong makes an utter shambles of the first. Solar energy is a powerhouse new industry in NC, and if you removed any governmental favoritism, it would come to utter ruin.
Cronyism is directly opposed to market competition. After all, you don't have government forcing people to do what they'd do anyway. That's why there's no law saying you have to put on your pants before your shoes.