Sunday 16 July 2017

Sunday News: From the Editorial pages

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NOBODY ASKED FOR THIS WIND MORATORIUM: The fact that the only way to pass this was to hijack a consensus stakeholder bill shows just how unpopular and unnecessary this policy is in North Carolina. A wind moratorium ultimately hurts the residents of eastern North Carolina, which could lose $1 billion in investments from two to three projects currently under development. It sends a signal to businesses trying to invest in the state that regulations are unpredictable and not always grounded in fact. This moratorium threatens individual property rights and denies rural economies one of the best economic development opportunities available to them. For Brown to put the renewable energy industry, the utility and his fellow legislators in the position of a significant compromise without any discussion is disturbing.
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