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Solar lending heats up for N.C. banks

Chris Bagley, Staff Writer- Triangle Business Journal Alternative energy has become a sizeable industry in North Carolina, with estimated full-time employment of more than 15,000, and it also has become a steady source of customers for banks. North Carolina-based banks put tens of millions of dollars into solar and other alternative energy projects, mostly in the last couple of years. Raleigh-based First Citizens Bank (Nasdaq: FCNCA) has put a total of about $12 million into nine solar-energy developments since mid-2011, spokesman Frank Smith says.
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Legislature Seeks to Repeal Solid Waste Standards

By: Jack Tarpey Solid waste and landfills are back up for debate in North Carolina, as the legislature considers Senate Bill 328, “Solid Waste Management Act of 2013.” This bill is a sweeping reform of North Carolina’s solid waste management laws that puts landfills first, over citizens and protection of natural resources. Moreover, the bill opposes the recent trends we have seen of North Carolina’s reduced use of and need for landfills. This appears to be yet another example of our legislature taking steps in the wrong direction for the state, attempting to move backwards on years of study and analysis of how to deal with an issue.

Solid Waste and Landfill Standards Under Threat

By: Jack Tarpey Solid waste and landfills are back up for debate in North Carolina, as the legislature considers Senate Bill 328, “Solid Waste Management Act of 2013.” This bill is a sweeping reform of North Carolina’s solid waste management laws that puts landfills first, over citizens and protection of natural resources. Moreover, the bill opposes the recent trends we have seen of North Carolina’s reduced use of and need for landfills. This appears to be yet another example of our legislature taking steps in the wrong direction for the state, attempting to move backwards on years of study and analysis of how to deal with an issue.
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ncgancpollandfillssolid wasteleachatetrashrecycling

N.C. holds on to high rank in hot Q1 for solar

John Downey, Senior Staff Writer- Charlotte Business Journal North Carolina remains the Southeast’s hot spot for solar development, according to the most recent figures compiled by SNL Energy. But interest in solar projects has rapidly ramped up in Florida, SNL says. And with the help of some particularly large projects, the Sunshine State could be neck-and-neck with North Carolina if all currently planned projects in both states are built. In an article based on figures as of June 3, SNL’s Charlotte Cox reports that solar development had its best first quarter in U.S. history. Banner year? Cox reports that 297 megawatts worth of utility-scale solar power projects were built in the country in the first three months of the year. That is more than twice the 122 megawatts built in the first quarter of 2012. However, it was well below the 794 megawatts installed in the fourth quarter of 2012, which was the largest quarter ever for the industry.
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Clean Energy Creates Job Growth in North Carolina


Oil and agriculture tense over fracking in California

By: Jack Tarpey Hydraulic fracturing in California was recently written up in the New York Times, focusing on the ties between the oil industry and agriculture. The article discusses recent oil well developments on the Monterey Shale, which stretches 1,750 square miles between San Francisco and Los Angeles. The area above this shale formation also happens to be some of the most fertile farming land in California. The situation arising out west is one that we cannot let happen in our home of North Carolina.

Fracking on the rise in California

By: Jack Tarpey Hydraulic fracturing in California was recently written up in the New York Times, focusing on the ties between the oil industry and agriculture. The article discusses recent oil well developments on the Monterey Shale, which stretches 1,750 square miles between San Francisco and Los Angeles. The area above this shale formation also happens to be some of the most fertile farming land in California. The situation arising out west is one that we cannot let happen in our home of North Carolina.
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Proposed Hybrid Registration Fee Should be Re-examined

By Nicholas Garafola

 

Image Courtesy of the NREL.

Proposed Fees Go the Wrong Way on the Road to Innovation

By Nicholas Garafola Are consumers who conserve fuel responsible for fuel tax revenue shortages? According to the budget proposed by the North Carolina state senate, the answer is yes. The budget proposes a registration fee for hybrid and electric vehicles. Such vehicles have become popular with consumers, who purchase them in response to increasing fuel prices and out of concern for the environment. The North Carolina State Senate’s proposed registration fee ($50 for hybrid and $100 for electric vehicles) may not be out of reach for many vehicle owners, but it punishes consumer decisions that reduce carbon footprint and ensure cleaner air for their communities. North Carolina depends on revenue from fuel taxes to fund transportation construction and maintenance. As the overall fuel efficiency of American’s fleet has increased and Americans have altered their driving habits, fuel tax revenues have declined. The challenge for North Carolina is collecting enough revenue to maintain roads. Lawmakers can argue that drivers of fuel efficient vehicles need to pay their fair share to cover the costs of roadway use.
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ncgancpolhybridvehicletransportinfrastructure

June is Solar Energy Month! Show Your Pride for NC Solar Energy!

When you think of North Carolina you probably think of barbecue, sweet tea and ACC basketball. Now, it's time to add solar energy to the list!  At our current pace, we will be ranked 4th in the US in solar energy by the end of 2013! While many sectors of the economy are struggling, clean energy is booming!

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