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Greg Brannon on Energy & Oil

 

 


Stop policies that favor some forms of energy over others

North Carolina possesses a plethora of natural resources and many options for producing energy. Unfortunately, government regulations and restrictions have for many years enacted policies that favor some forms of energy production over others.

Governments shouldn't be picking winners and losers; they should allow all forms of energy production without giving special benefits or incentives to a select few. Energy subsidies--for oil, wind, or any other source--are a poor use of taxpayer money. Often, they are simply an effort to prop up inefficient energy production in the hope that it will become efficient in the future.

The fingerprints of cronyism can be found all over the big energy industries. Meanwhile, regulations and restrictions make it impossible for entrepreneurs to develop new forms of cheap and clean energy.

Energy sources that really work for consumers don't need government handouts to thrive. The right policy is energy freedom.

Source: 2016 Senate campaign website GregBrannon.NationBuilder.com , Feb 3, 2016

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Page last updated: Apr 23, 2016