Environment N.C. report bullish on N.C. solar power | News
News
INDY Week's news blog

Archives | RSS

Friday, September 11, 2015

Environment N.C. report bullish on N.C. solar power

Posted by on Fri, Sep 11, 2015 at 1:40 PM

click to enlarge CREATIVE COMMONS LICENSE
  • Creative Commons License
Just in time for legislators' ongoing discussion over rolling back renewable energy tax credits, environmentalists are pushing back. Hard. On Thursday, the nonprofit Environment N.C. and a couple of legislators, a Republican and a Democrat, released a report that touts North Carolina's vast potential for solar energy production.

The report ranked the state fourth nationally for total solar electric capacity, and ninth per capita. This may come as a surprise, but only California, Arizona and New Jersey have more capacity for solar production today. 

Don't thank North Carolina's omnipresent sunshine. Thank state leaders who rolled out a system of tax credits in 2008 that made solar development financially prudent.

"North Carolina's pro-solar policies ... have allowed us to become a national leader in the clean energy economy," said Rachel Morales, clean energy organizer for Environment N.C., on Thursday. "Rather than undoing policies that are clearly working, we should be looking for additional ways to build on our solar success." 

It's a timely discussion, and one often swallowed by the state's ongoing budget mudslinging. The U.S. Environmental Protection Agency has ordered North Carolina to slash its carbon emissions by 36 percent by 2030.  The state needs ideas and renewable energy investment it would seem.

Yet some lawmakers say the state's tax credit system is simply a drain on North Carolina's coffers. According to the N.C. Department of Revenue, the credit, which can help to reduce the cost of solar array installation, helped generate more than $700 million in spending in the state last year.

It also cost the state about $126 million in potential tax revenues claimed last year under the credit. Still, 700 is greater than 126. 

"We’ve seen a significant return on investment from policies like the renewable energy investment tax credit, so it makes sense to maintain these policies, and I remain determined that we will include an extension of this credit in our final budget,” said Rep. Charles Jeter, a Republican from Mecklenburg County. "As we see here today, clean energy is an issue that brings together Republicans, Democrats and Independents.”

Follow this closely. 

Tags: , , , , ,

Pin It

Comments (3)

Showing 1-3 of 3

Add a comment

 
Subscribe to this thread:
Showing 1-3 of 3

Add a comment

INDY Week publishes all kinds of comments, but we don't publish everything.

  • Comments that are not contributing to the conversation will be removed.
  • Comments that include ad hominem attacks will also be removed.
  • Please do not copy and paste the full text of a press release.

Permitted HTML:
  • To create paragraphs in your comment, type <p> at the start of a paragraph and </p> at the end of each paragraph.
  • To create bold text, type <b>bolded text</b> (please note the closing tag, </b>).
  • To create italicized text, type <i>italicized text</i> (please note the closing tag, </i>).
  • Proper web addresses will automatically become links.

Latest in News



Twitter Activity

Comments

HELLO BROTHERS AND SISTERS ARE YOU INTERESTED IN THE WORLD OF FAME?? GETTING RICH. POWERFUL AND FAMOUS? JOINING THE ILLUMINATI …

by mason liam on Strength in Numbers: Durham for All Launches 10K Strong Campaign (News)

Hello..Welcome to the light Illuminati
The ILLUMINATI offers simple solutions, a helping hand, and answers. It teaches the secret techniques …

by mason liam on Strength in Numbers: Durham for All Launches 10K Strong Campaign (News)

Most Recent Comments

HELLO BROTHERS AND SISTERS ARE YOU INTERESTED IN THE WORLD OF FAME?? GETTING RICH. POWERFUL AND FAMOUS? JOINING THE ILLUMINATI …

by mason liam on Strength in Numbers: Durham for All Launches 10K Strong Campaign (News)

Hello..Welcome to the light Illuminati
The ILLUMINATI offers simple solutions, a helping hand, and answers. It teaches the secret techniques …

by mason liam on Strength in Numbers: Durham for All Launches 10K Strong Campaign (News)

CONTACT MR paul smith call (+2349055346865 or WhatsApp him through this number +2349055346865 or email:
illuminatiworldofsociety1@gmail.com
Hello everyone I am …

by avalon edgar on Strength in Numbers: Durham for All Launches 10K Strong Campaign (News)

@ Hunter23 "A combination of investors and loans" is not specific, and nowhere in the article is the phrase "private …

by RJO_III on North Carolina FC and John Kane Want to Put a Big Ol' Soccer Stadium in Downtown Raleigh (News)

The article clearly states the building would be privately funded with the state/local gov pitching in for infrastructure enhancement. The …

by Hunter23 on North Carolina FC and John Kane Want to Put a Big Ol' Soccer Stadium in Downtown Raleigh (News)

© 2017 Indy Week • 320 E. Chapel Hill St., Suite 200, Durham, NC 27701 • phone 919-286-1972 • fax 919-286-4274
RSS Feeds | Powered by Foundation