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20 Results found for renewable tax credit

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The N.C. Department of Revenue faced a legal setback last month in an ongoing fight over renewable energy tax credits. The state’s top administrative law judge rejected the department’s attempt to deny credits to a renewable energy investor.
The N.C. Department of Revenue faced a legal setback last month in an ongoing fight over renewable energy tax credits. The state’s top administrative law judge rejected the department’s attempt to deny credits to a renewable energy investor.
 
State tax credits for solar energy projects made for bad public policy. That doesn’t excuse recent action from the N.C. Revenue Department that denies those credits to solar energy finance companies.
State tax credits for solar energy projects made for bad public policy. That doesn’t excuse recent action from the N.C. Revenue Department that denies those credits to solar energy finance companies.
 
North Carolina life insurance customers may pay higher premiums unless the Cooper administration reverses course on renewable-energy tax credits.
North Carolina life insurance customers may pay higher premiums unless the Cooper administration reverses course on renewable-energy tax credits.
 
State Rep. Jimmy Dixon, R-Duplin, chairman of the House Agriculture Committee, says waste-handling operations at North Carolina hog farms functioned as intended in the flooding of Hurricane Florence
State Rep. Jimmy Dixon, R-Duplin, chairman of the House Agriculture Committee, says waste-handling operations at North Carolina hog farms functioned as intended in the flooding of Hurricane Florence
 
The sun keeps shining on North Carolina's renewable energy investors - at taxpayers' expense
The sun keeps shining on North Carolina's renewable energy investors - at taxpayers' expense
 
Recently enacted North Carolina renewable energy regulations to control costs and help green energy flourish will be a model other states embrace. Or don't
Recently enacted North Carolina renewable energy regulations to control costs and help green energy flourish will be a model other states embrace. Or don't
 
The $23 billion House and Senate budget compromise will include a 3.1 percent increase in spending in the 2017-18 budget year, which is higher than the two chambers agreed to several months ago when budget writing began
The $23 billion House and Senate budget compromise will include a 3.1 percent increase in spending in the 2017-18 budget year, which is higher than the two chambers agreed to several months ago when budget writing began
 
Motor vehicle "biofuels" like ethanol made from corn and soybeans may cause more carbon emissions than gasoline, based on a new study from John DeCicco, a professor and researcher at the University of Michigan Energy Institute, challenging claims by environmentalists that vehicles using biofuels are
Motor vehicle "biofuels" like ethanol made from corn and soybeans may cause more carbon emissions than gasoline, based on a new study from John DeCicco, a professor and researcher at the University of Michigan Energy Institute, challenging claims by environmentalists that vehicles using biofuels are
 
The federal government issued tax credits in North Carolina approaching a half-billion dollars for renewable energy investment in the five most recent years for which records are available, and high-income earners have benefited the most from the tax favors
The federal government issued tax credits in North Carolina approaching a half-billion dollars for renewable energy investment in the five most recent years for which records are available, and high-income earners have benefited the most from the tax favors
 
State officials, lawmakers, and renewable energy consultants attempted Tuesday to downplay the $937.8 million cost of tax credits sought under the state's new Safe Harbor Act - a total more than five times higher than initial projections.
State officials, lawmakers, and renewable energy consultants attempted Tuesday to downplay the $937.8 million cost of tax credits sought under the state's new Safe Harbor Act - a total more than five times higher than initial projections.
 
An environmental group lauding North Carolina for ranking No. 4 nationally in solar energy capacity agrees with foes of renewable energy mandates — the state's purported boom in clean energy mostly results from the government forcing utilities to purchase the higher-cost energy, along with...
An environmental group lauding North Carolina for ranking No. 4 nationally in solar energy capacity agrees with foes of renewable energy mandates — the state's purported boom in clean energy mostly results from the government forcing utilities to purchase the higher-cost energy, along with...
 
North Carolina taxpayers are about to get stuck with a big bill - if the General Assembly continues the state's "Renewable Energy Portfolio Standard" (REPS) and renewable energy tax credit policies.
North Carolina taxpayers are about to get stuck with a big bill - if the General Assembly continues the state's "Renewable Energy Portfolio Standard" (REPS) and renewable energy tax credit policies.
 
North Carolinians are forced to pay twice to prop up the state's renewable energy lobby: once in the form of higher taxes and again for higher electric bills to support a Renewable Energy Portfolio Standard (REPS).
North Carolinians are forced to pay twice to prop up the state's renewable energy lobby: once in the form of higher taxes and again for higher electric bills to support a Renewable Energy Portfolio Standard (REPS).
 
Two of the co-founders of Cary-based software company SAS Institute Inc. - James H. Goodnight and John P. Sall - appear to have collected tax credits totaling more than $3 million from the state's renewable energy program even as their company is pushing state political leaders to maintain tax subsi
Two of the co-founders of Cary-based software company SAS Institute Inc. - James H. Goodnight and John P. Sall - appear to have collected tax credits totaling more than $3 million from the state's renewable energy program even as their company is pushing state political leaders to maintain tax subsi
 
Internet giant Google collected $262 million in incentives when it located a data center in North Carolina, and now is urging the General Assembly to continue offering hundreds of millions of dollars in subsidies to renewable energy investors.
Internet giant Google collected $262 million in incentives when it located a data center in North Carolina, and now is urging the General Assembly to continue offering hundreds of millions of dollars in subsidies to renewable energy investors.
 
The debate over North Carolina's renewable energy policies continues this week, even as the North Carolina Senate takes up other issues. The News & Observer hosted opposing op-eds, one from former Duke Energy CEO Jim Rogers, and the other from yours truly.
The debate over North Carolina's renewable energy policies continues this week, even as the North Carolina Senate takes up other issues. The News & Observer hosted opposing op-eds, one from former Duke Energy CEO Jim Rogers, and the other from yours truly.
 
While Duke Energy is passing higher costs to ratepayers because state law forces it to purchase renewable energy, the utility also claimed a whopping $62.8 million in tax write-offs in 2014 for its own investments in green power projects.
While Duke Energy is passing higher costs to ratepayers because state law forces it to purchase renewable energy, the utility also claimed a whopping $62.8 million in tax write-offs in 2014 for its own investments in green power projects.
 
An unusual coalition of 12 liberal Democrats and 11 conservative Republicans comprised the only formal opposition to the $22.1-billion General Fund budget passed around 1:15 a.m. May 22 by the state House of Representatives.
An unusual coalition of 12 liberal Democrats and 11 conservative Republicans comprised the only formal opposition to the $22.1-billion General Fund budget passed around 1:15 a.m. May 22 by the state House of Representatives.
 
The Senate Finance Committee on April 2 approved a bill with bipartisan support to extend by one year eligibility for the state's 35 percent renewable energy tax credit. The legislation is intended to provide "a soft landing " to large solar projects already in the regulatory approval and...
The Senate Finance Committee on April 2 approved a bill with bipartisan support to extend by one year eligibility for the state's 35 percent renewable energy tax credit. The legislation is intended to provide "a soft landing " to large solar projects already in the regulatory approval and...
 
Affluent North Carolina residents who put solar panels on their rooftops are being subsidized by lower-income customers because of the state's renewable energy subsidies and regulations, the president of Duke Energy North Carolina told a legislative panel Tuesday.
Affluent North Carolina residents who put solar panels on their rooftops are being subsidized by lower-income customers because of the state's renewable energy subsidies and regulations, the president of Duke Energy North Carolina told a legislative panel Tuesday.
 
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