lawrence

RALEIGH – As energy costs climb in North Carolina, state lawmakers are contributing to the problem with misguided policies targeting climate change. A new John Locke Foundation Spotlight report…

Low-cost energy is not only critical to the economy, but also to our health, safety, and general welfare. Despite concerns over energy prices, policymakers are intentionally increasing energy prices through new taxes and regulations.

The Senate has passed a major electricity bill that includes something called a renewable energy and energy efficiency portfolio standard (REPS). The REPS consists of two separate requirements: A renewable portfolio standard that requires utilities to provide customers 7.5 percent of their electricity from renewable energy sources, such as wind and solar, and energy efficiency measures that require a 5 percent reduction in energy use.

RALEIGH – New energy mandates could drive up North Carolina’s regionally high electricity rates, even though consumers have shown little interest in paying more for renewable energy sources. That’s the…