Dive Summary:
- Governor Pat McCrory of North Carolina said he anticipates a bill that, as it stands, would end renewable energy requirements for utilities will be rewritten.
- In an interview with WRAL News, McCrory said he believes the bill will be improved to make it "more strategic in the long run, taking into account how long something should be subsidized."
- The proposed legislation would eliminate the renewable energy initiative created by Senate Bill 3 in 2007 and has attracted significant pushback from renewable energy and environmental advocates.
From the article:
"... A month ago, McCrory spoke to reporters after announcing a deal to create an eco-industrial park in Mecklenburg County. A key component of that park will be renewable energy manufacturing.
At the time, McCrory said he was still discussing which parts of the state's renewable program ought to be preserved and provide 'the best return on investment and how long does that subsidy need to go.' Tuesday morning, he said those discussions had progressed, and he had a clearer idea of what the state should do. ..."