Consumers are paying a lot more than they realize to prop up the renewable energy industry in North Carolina, even though a section of their bills supposedly lists the cost. That’s the contention of Rep. Chris Millis, R-Pender. Last week he introduced a bill requiring a study of the…
State Rep. Jeff Collins had enough. The Nash County Republican sat through two legislative meetings in two weeks hearing Duke Energy officials describe subsidies and carve-outs handed over to the solar energy industry at taxpayer expense. Often the utility was forced to buy renewable power that…
RALEIGH — The state House on Thursday approved a compromise coal ash cleanup bill, agreeing with a measure passed earlier in the week by the Senate. The coal ash legislation is in response to a 2014 spill into the Dan River near Eden. The General Assembly created a coal ash…
A coal ash cleanup bill moved quickly through the state Senate on Tuesday. House Bill 630 would repeal all provisions in state law related to a Coal Ash Management Commission that was struck down by the N.C. Supreme Court. Instead, coal ash cleanup will come under the supervision of…
RALEIGH — Blue Cross and Blue Shield of North Carolina, the state’s largest insurance company, in 2015 received state tax credits for investments in renewable energy projects worth more than $40 million, and Duke Energy, the nation’s largest electric utility, used the 35 percent renewable credit for a tax break…
RALEIGH — While Duke Energy is passing higher costs to ratepayers because state law forces it to purchase renewable energy, the utility also claimed $62.8 million in tax write-offs in 2014 for its own investments in green power projects.
Roy Cordato on next steps in tax reform; Ted Cruz on Obamacare issues; lawmakers on deal to lower electric bills in eastern NC; Richard Vedder on why markets address problems better than government; Katherine Restrepo on Medicaid lessons from other states…
Criticizing Duke for calculating its taxable income correctly is either embarrassingly silly or thoroughly disingenuous.
John Hood on Mitt Romney's 47% comment; Roy Cordato & Jim Rogers on green-energy policies; Rick Henderson on CJ's role in journalism; legislators on need to scrutinize high-dollar contracted services; Jane Shaw on Holden Thorpe's legacy…
RALEIGH — North Carolina-based companies Progress Energy and Goodrich are echoing claims made by AT&T, Verizon, John Deere, and Caterpillar that a provision in the Patient Protection and Affordable Care Act is going to cost them millions.
