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The final batch of solar and other renewable energy projects requested under the "safe harbor" law enacted in April by the General Assembly could cost North Carolina taxpayers as much as $937,804,785 in credits, according to aggregated figures released Wednesday by the North Carolina Department...
An environmental group lauding North Carolina for ranking No. 4 nationally in solar energy capacity agrees with foes of renewable energy mandates -- the state's purported boom in clean energy mostly results from the government forcing utilities to purchase the higher-cost energy, along with...
Former Florida Gov. and Republican presidential candidate Jeb Bush on Wednesday outlined his economic plan, a proposal he said would lift the economy out of the post-recession "new normal" and "lift up everybody."
Governor Pat McCrory and Department of Natural and Cultural Resources Secretary Susan Kluttz celebrated the preservation of Historic Tax Credits (HTC) in North Carolina at an event in Burlington today. Restoring the HTC was a major element in Governor McCrory's legislative agenda that he detailed...
North Carolina taxpayers are about to get stuck with a big bill - if the General Assembly continues the state's "Renewable Energy Portfolio Standard" (REPS) and renewable energy tax credit policies.
This series, entitled "Cut This, Go Home," includes several budget items that should no longer receive taxpayer funding because they fall well outside the legitimate, core functions of government.
An interesting item suddenly appeared this week in the N.C. Senate farm bill. This item made its appearance a few short days after the new state budget was finally approved. Among other things, the new budget ended North Carolina's longtime, exceedingly generous 35 percent investment tax credit...
The Senate Finance Committee on April 2 approved a bill with bipartisan support to extend by one year eligibility for the state's 35 percent renewable energy tax credit. The legislation is intended to provide "a soft landing " to large solar projects already in the regulatory approval and...
Governor Pat McCrory and Cultural Resources Secretary Susan Kluttz recently continued their tour throughout North Carolina to highlight the successful efforts to revitalize urban downtowns, main streets and rural communities through the historic tax credit program. As the tour continues across...
The editors of The Fayetteville Observer are interested in the film industry and with storytelling in general. An example of the latter came to my attention recently.
The question of whether our state government ought to subsidize historic preservation is distinguishable from the question of how government should deliver those subsidies. Unfortunately, these two issues have been lumped together by lawmakers when discussing the recent sunset of the historic...
This is National School Choice Week and there are many reasons to celebrate this modest but important idea. School choice is based on a simple truth: Parents know their children better than anyone else. As such, parents - not the government - should control their children's education and where...
Raleigh, N.C. - Governor Pat McCrory took action on Senate Bill 372 today, which extends the tax credit for renewable energy projects in the state.
The House on Tuesday approved a Senate bill that would extend the state's 35 percent renewable energy tax credit - set to expire at the end of 2015 - by one year to allow several major solar farms to hook up to the power grid. Over five years, the solar companies could collect as much as...
Gov. Pat McCrory called on lawmakers to honor a promise to increase starting teacher salaries to $35,000 and included salary boosts for state troopers and corrections officers Thursday as he unveiled his $21.5 billion General Fund budget for the 2015-16 fiscal year.
While Duke Energy is passing higher costs to ratepayers because state law forces it to purchase renewable energy, the utility also claimed a whopping $62.8 million in tax write-offs in 2014 for its own investments in green power projects.
The General Fund budget proposal released Monday by GOP state House leaders for the two-year budget cycle starting July 1 would increase spending by nearly $1 billion more than the increase recommended in March by Gov. Pat McCrory, a fellow Republican.
The House on Tuesday approved a Senate bill that would extend the state's 35 percent renewable energy tax credit - set to expire at the end of 2015 - by one year to allow several major solar farms to hook up to the power grid. Over five years, the solar companies could collect as much as...
Gov. Pat McCrory called on lawmakers to honor a promise to increase starting teacher salaries to $35,000 and included salary boosts for state troopers and corrections officers Thursday as he unveiled his $21.5 billion General Fund budget for the 2015-16 fiscal year.
While Duke Energy is passing higher costs to ratepayers because state law forces it to purchase renewable energy, the utility also claimed a whopping $62.8 million in tax write-offs in 2014 for its own investments in green power projects.
The General Fund budget proposal released Monday by GOP state House leaders for the two-year budget cycle starting July 1 would increase spending by nearly $1 billion more than the increase recommended in March by Gov. Pat McCrory, a fellow Republican.
The Senate Finance Committee on April 2 approved a bill with bipartisan support to extend by one year eligibility for the state's 35 percent renewable energy tax credit. The legislation is intended to provide "a soft landing " to large solar projects already in the regulatory approval and...
Governor Pat McCrory and Cultural Resources Secretary Susan Kluttz recently continued their tour throughout North Carolina to highlight the successful efforts to revitalize urban downtowns, main streets and rural communities through the historic tax credit program. As the tour continues across...
This is National School Choice Week and there are many reasons to celebrate this modest but important idea. School choice is based on a simple truth: Parents know their children better than anyone else. As such, parents - not the government - should control their children's education and where...
Gov. Pat McCrory called on lawmakers to honor a promise to increase starting teacher salaries to $35,000 and included salary boosts for state troopers and corrections officers Thursday as he unveiled his $21.5 billion General Fund budget for the 2015-16 fiscal year.
The House on Tuesday approved a Senate bill that would extend the state's 35 percent renewable energy tax credit - set to expire at the end of 2015 - by one year to allow several major solar farms to hook up to the power grid. Over five years, the solar companies could collect as much as...
The General Fund budget proposal released Monday by GOP state House leaders for the two-year budget cycle starting July 1 would increase spending by nearly $1 billion more than the increase recommended in March by Gov. Pat McCrory, a fellow Republican.
While Duke Energy is passing higher costs to ratepayers because state law forces it to purchase renewable energy, the utility also claimed a whopping $62.8 million in tax write-offs in 2014 for its own investments in green power projects.
Raleigh, N.C. - Governor Pat McCrory took action on Senate Bill 372 today, which extends the tax credit for renewable energy projects in the state.
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