It is easy to tell a pollster you favor something when its costs and benefits are both hypothetical. It's a different thing altogether when the benefits are still speculative, while costs are more immediate.
Strata Solar, in its application to build a solar farm on Gov. Roy Cooper's Nash County property, disclosed that "Solar is an intermittent energy source, and therefore the maximum dependable capacity is 0 MW." For all practical purposes, what does that mean?
Carolina Journal reported that NC went over the $1 billion mark in renewable energy investment tax credits for solar. Here's a tip: something that doesn't cost you much more as consumers but costs you a great deal as taxpayers costs you a great deal, period.
Strata Solar disclosed that their "maximum dependable capacity is 0 MW." So are all other solar and wind plants'. If 3,750 homes were exclusively reliant upon their power, they'd be dark and powerless most of the time.
NC ratepayers were faced with overpaying for electricity by more than a billion dollars. A new law was going to save them about $850 million on the cost of future solar power — until Gov. Cooper decided to intervene.
Why don't we have more nuclear power plants? In seeking an answer, Duke University economics professor Michael Munger builds on Clemson University economist Bruce Yandle's insight on the regulatory alliance between bootleggers and Baptists.