Governor Stein Urges Congress to Lower Costs for North Carolinians at NC State Emerging Issues Forum
(RALEIGH) Today Governor Josh Stein spoke at the Emerging Issues Forum at NC State to outline his energy priorities and urge Congress to lower costs for consumers by protecting clean energy projects in North Carolina.
“North Carolina is a leader in the clean energy economy, and we are home to more than 20,000 clean energy jobs and $24 billion in clean energy investments,” said Governor Josh Stein. “Our state is well-positioned to continue that success, and I urge Congress to protect the clean energy investments that have contributed to our state’s prosperity.”
Governor Stein is committed to supporting and developing North Carolina’s growing clean energy sector. Last month, the Governor joined Boviet Solar at the grand opening of its new solar module manufacturing facility in Greenville, which has already created nearly 400 jobs with more on the way. As part of his second recovery budget announcement last week, Governor Stein proposed $239 million to strengthen critical infrastructure in western North Carolina, including investing in projects to safeguard against future disasters.
Congress’ proposed repeal of the Inflation Reduction Act could cost North Carolina tens of thousands of jobs by 2030, along with billions in clean energy investments spurred by clean energy and manufacturing tax credits. Repealing the credits could also raise electricity costs for North Carolina families by $200 per year. Governor Stein is urging North Carolina’s congressional delegation to lower costs for North Carolina families by preserving the Inflation Reduction Act’s clean energy tax credits.
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