Here’s one of gubernatorial candidate Richard Moore’s "fresh ideas" for North Carolina: Renewable energy as "cash crop". I’ve explained why this is a bad idea before …
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Shame a man running the N.C. Treasury needs an economics lesson about the problem of subsidies and environmental costs. This is groupthink at the highest level and conservatives are buying into it, too.
(Update: Easley signed SB3 into law today. Daren Bakst hammers it here. Politicians, left and right, will have hell to pay for this one.)
-Max Borders
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