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Wilmington Star-News: Keep renewable energy requirement

The far right is pushing an ideologically-driven scheme to repeal North Carolina’s very modest 2007 renewable energy law just as it’s really starting to make a difference in jump-starting a homegrown sustainable energy sector. This morning’s Wilmington Star-News explains why backtracking would be big mistake:

“Why would a state intentionally limit its potential for economic growth? That was the probable result of a bill to eliminate a renewable-energy requirement that is nurturing the growing alternative-energy industry in North Carolina. Fortunately, some lawmakers in Raleigh apparently realize the damage the bill could do and have put the brakes on it, for now….

At a time when China and other nations are investing more in alternative energy sources and when demand for renewables is increasing, our state should not reject this currently small but thriving industry. If our leaders continually dwell in the present with no vision for the future, the result will be economic stagnation.

The push for sustainable energy will not automatically kill the fossil-fuel industry. But it will spawn the type of innovation that helped the United States become an economic power. New concepts, particularly those that challenge the status quo, often take years or even decades to become profitable. But it is foolish to presume that they will never be profitable, or to avoid investing in promising technology just because it won’t show an immediate return on that investment….

At any rate, North Carolina should not resign itself to a future that excludes such options, particularly when we are already a leader in the renewable-energy effort.

Doing so could handicap us economically, and that is something no one wants.”

Read the entire editorial by clicking here.

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