Even as solar advocates boasted that solar's costs are plummeting, North Carolina's PURPA terms were locking state ratepayers into a situation where they're forced to buy all solar energy produced at exorbitant costs that go well past the actual production costs. It's a great way to make money, but no way to treat captive consumers of a vital necessity.
America is leading the world in reducing emissions, thanks to the operation of the free market, especially through the fruits of the entrepreneurial genius and risk-taking that combined horizontal drilling with hydraulic fracturing (fracking).
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."
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.