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Repealing Renewable Portfolio Standards a Raw Deal for North Carolina
North Carolina has become the central front in a national offensive aimed at rolling back renewable portfolio standards (RPSs), the state laws that require utilities to obtain a certain percentage of the electricity they distribute from technologies that use renewable fuel sources like our rivers, woods, and wind. While RPS adversaries argue that these standards hurt the economy by increasing consumer costs, they ignore the many jobs created by the renewable energy industry as well as the benefits conferred by energy diversification.
It’s Time for Clean Energy Companies to Rewrite Their Narrative via www.cleanedge.com
By Will Edwards
A few years ago, the clean energy industry sat at a unique pinnacle of public opinion. People liked its promise to address high energy prices. They liked it because it would help wean America off foreign oil. They liked it because it would respond to the threat of climate change. Democrat or Republican, West Coast Prius driver or Midwest farmer. Everyone liked what clean energy was offering.
Looking back at 2012, one thing is certain in the sea of the year’s uncertainty; renewable energy experienced significant growth. The U.S. solar industry grew at a rate of 13.2%. A global oversupply of solar panels lowered prices for American consumers, resulting in higher demand and greater profits for solar installation companies. SolarCity’s IPO proved to be successful despite claims that its stock would immediately plummet. And even with excessive political attacks by opponents of renewable energy – over $250 million spent in the 2012 election – the industry has gained strong public support across the country. Industries such as wind, biofuels, geothermal, hydropower, electric transportation, and solar have achieved success in 2012 but the next step in supporting growth is creating a more stable policy landscape.