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Princess Gloria von Thurn und Taxis says "green" agenda worse than East German communism
Published: Wednesday, July 5th, 2023 @ 12:36 pm
By: John Steed
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The dispute between solar energy finance companies and the state’s revenue department has reached court.
Published: Tuesday, October 1st, 2019 @ 9:19 am
By: Carolina Journal
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Tax credits claimed by clients of Dan McCready’s solar investment company may be jeopardized by Gov. Roy Cooper’s Department of Revenue.
Published: Wednesday, August 21st, 2019 @ 10:32 pm
By: Carolina Journal
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A major solar energy financing company says the N.C. Department of Revenue may be breaking the law. The company has formally asked DOR to justify a regulation rejecting state tax credits the company’s clients have claimed.
Published: Wednesday, August 14th, 2019 @ 11:23 pm
By: Carolina Journal
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Gov. Roy Cooper, an advocate for renewable energy whose family leases land for solar farms, is denying tax credits for solar energy investments.
Published: Friday, August 9th, 2019 @ 2:14 pm
By: Carolina Journal
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Today, U.S. Senator Thom Tillis (R-NC) issued the following statement following the U.S. Solar Market Insight Report from Wood Mackenzie Power & Renewables and the Solar Energy Industries Association (SEIA) that section 201 solar tariffs played a role in the decline of utility-scale solar
Published: Thursday, December 20th, 2018 @ 12:41 am
By: Thom Tillis
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The Nash County Republican sat through two legislative meetings in two weeks hearing Duke Energy officials describe subsidies and carve-outs handed over to the solar energy industry at taxpayer expense
Published: Thursday, March 23rd, 2017 @ 5:46 pm
By: John Locke Foundation
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For decades, energy costs have been manipulated by state government subsidies. Just like other subsidies, whether for the film industry, automobile manufacturers, or even specific companies, special treatments transfer the tax burden from the recipients of the subsidies to others, creating unfair...
Published: Tuesday, January 12th, 2016 @ 4:03 am
By: John Locke Foundation
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The final batch of solar and other renewable energy projects requested under the "safe harbor" law enacted in April by the General Assembly could cost North Carolina taxpayers as much as $937,804,785 in credits, according to aggregated figures released Wednesday by the North Carolina Department...
Published: Thursday, January 7th, 2016 @ 7:42 pm
By: John Locke Foundation
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For those of us who have been fighting to eliminate solar and other renewable energy subsidies from the burden being born by North Carolina's taxpayers, the new state budget is very welcome. As of January 1, the 35 percent tax credit for renewables in general and solar in particular, by far the...
Published: Saturday, September 19th, 2015 @ 5:18 am
By: John Locke Foundation
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An environmental group lauding North Carolina for ranking No. 4 nationally in solar energy capacity agrees with foes of renewable energy mandates — the state's purported boom in clean energy mostly results from the government forcing utilities to purchase the higher-cost energy, along with...
Published: Wednesday, September 16th, 2015 @ 3:25 am
By: John Locke Foundation
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It is now being acknowledged by even its staunchest supporters that the solar industry in North Carolina is completely a creature of government mandates and subsidies and could never stand on its own without wealth transfers from taxpayers and rate payers. In other words, it is completely welfare...
Published: Saturday, September 12th, 2015 @ 4:10 am
By: John Locke Foundation
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In 2005, the North Carolina General Assembly established a 35 percent credit for investing in renewable energy. This credit was slated to sunset at the end of 2010. By 2010-11, the Tax Research Division of the Department of Revenue estimated, the credits taken would cost the state $5.65 million...
Published: Wednesday, September 9th, 2015 @ 10:53 am
By: John Locke Foundation
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The House on Tuesday approved a Senate bill that would extend the state's 35 percent renewable energy tax credit - set to expire at the end of 2015 - by one year to allow several major solar farms to hook up to the power grid. Over five years, the solar companies could collect as much as...
Published: Tuesday, April 28th, 2015 @ 5:49 pm
By: John Locke Foundation
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Except when complaining that North Carolina isn't giving enough targeted tax incentives to Hollywood studios, solar-panel manufacturers, and commercial real-estate developers, liberals contend that cutting taxes on business has no effect on business starts, corporate relocation, or job creation.
Published: Wednesday, October 8th, 2014 @ 5:47 pm
By: John Locke Foundation
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