North Carolina Could Repeal Renewable Energy Policy
SustainableBusiness.com News - In North Carolina, repeal of the Renewable Portfolio Standard (RPS) has passed out of committee and could be voted on as soon as this week (House Bill 298).
Ironically, this comes just as the state is trumpeting its renewable energy growth at the 10th annual Sustainable Energy Conference in Raleigh, sponsored by the N.C. Department of Commerce, says Tom Gray in the American Wind Energy Association's blog.
"If H298 passes, it will virtually eliminate the market for new renewable energy projects, since a free market does not exist where clean energy can compete head to head with the utilities. House Bill 298 signals the rules are changing and clean energy investments are no longer welcome here," said Betsy McCorkle of the North Carolina Sustainable Energy Association at a press conference.