Net-metering subsidies for solar power are running up large deficits and proving too costly for Louisiana. It is time for Gov. Bobby Jindal (R) and the state legislature to pull the plug on these subsidies, which merely add to the mountain of federal government favoritism bestowed on the solar power industry.
At a time when the Louisiana legislature is facing a $1.6 billion budget shortfall with massive cuts in important programs like healthcare and education as a solution, legislators realize tough decisions have to be made—even when the choice may anger advocates who depend on the handouts they claim are essential for survival.
Regarding Peter Ferrara’s recent post: I often talk about taxes being the price for government services. The idea was introduced to the profession in 1896 by Knut Wicksell. He added…