Yes, again it is the season to expect higher energy costs during global cooling, but here in the South it may be a toss-up between air-conditioning vs. heating costs. Anyway, all will be higher than necessary in North Carolina thanks to “onerous regulations imposed on utility companies in 2007 by the state legislature.” So says Roy Cordato, John Locke Foundation VP for research in the fall issue of “The Locke Letter.” (www.JohnLocke.org)
Dr. Cordato is a bit steamed over the Renewable Energy Portfolio Standard—as should be all N. C. energy consumers.
The Dishonorables stuck us with higher energy bills by tithing our money to the worship of Gaea, the goddess of the earth. This false ideology demands that we all sacrifice for a questionable theory with unknown benefits. Manmade “global warming” created by government operatives, supported by pseudo-science and promoted by the media runs on faith, not reality.
Faithful followers mandated an energy “Standard” that requires electric utilities to allot 7.5 percent of their power sold to customers come from wind, solar and biomass sources. These nonbusiness industries must be heavily subsidized, but still cost three to four times more than natural gas or coal. And it gets worse.
I’ve noticed the increased pressure from our utility company to sign us up for programs that promote energy “efficiencies.” That’s because the law additionally mandates 5 percent reduced consumption “through forced energy-efficiency measures,” writes Dr. Cordato.
Cordato cites more disturbing statistics. Jobs will be lost, tax revenues will be reduced and we’ll be subsidizing new inefficient wind and solar facilities with tax credits. The ultimate insult from this punishing bill comes in a study by the Beacon Hill Institute; we energy customers will pay an extra $1.8 billion directly in utility bills by 2021—money for which we all have better use. This taxing law passed with no analysis of cost-benefit and no known environmental benefit.
But we must sacrifice to appease the environmental gods and fund their earthly temples. The least our legislators should do is to allow us charitable deductions for this expense on our income tax returns.
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