subsidies

Isabelle Shepherd, WHQR

As the North Carolina legislature tries to wrap up its summer session, subsidies for renewable energy are on the chopping block. The state’s hog farming industry could be affected if the subsidies are removed.  

Right now, North Carolina state law says utilities have to produce at least 6% of their energy from renewable sources.  The law also requires that percentage to climb to a peak of 12.5% by 2021.  In order to meet these standards, the state subsidizes the effort. 

Wood Pellet Industry Fueled By Temporary EU Subsidies

Jul 21, 2015

Enviva, a large wood pellet supplier and manufacturer, has expanded their operations to southeastern North Carolina. The industry is fueled by renewable energy subsidies from the European Union.