Economist | Liberalism without coercion | Last of the Holdouts™ | “God gave us not a spirit of fear, but of power, of love, and of a sound mind” 2 Tim 1:7
🧵 NC’s electricity costs are rising, and regulators at the Utilities Commission distorted bipartisan energy policy passed in 2021. The NC Senate’s new bill, SB 261, fixes this by restoring least-cost and reliable energy policy for the state. #NCPOL#NCGA
Why is SB 261 necessary?
▶️Because the NCUC misused their authority, steering North Carolina toward unreliable, expensive energy sources instead of following the least-cost, reliability-first approach intended in the 2021 law established in HB 951. SB 261 corrects that.
Why remove the 2030 carbon deadline?
▶️The 2030 deadline forced premature retirements of reliable plants and poor calculations in the modeling, making NC’s grid less stable and energy more expensive. It also fueled the NCUC’s misinterpretation of the law passed by the General Assembly. The 2050 goal remains in place and allows for a smarter , lower-cost innovation methods to achieve it.
Isn’t CWIP just a handout to utilities?
▶️No. CWIP in SB 261 only allows utilities to recover financing costs (interest, capital costs) during construction—not total project costs upfront. This reduces overall project costs for ratepayers while ensuring baseload, reliable power gets built.
Shouldn’t we just invest in wind and solar?
▶️Wind and solar are unreliable and require massive overbuilding and costly storage. But reliable sources like nuclear and natural gas provide low-cost, 24/7 energy and are responsible for most real-world emissions reductions in the U.S.
Why did the NCUC push so much solar?
▶️Because energy modeling was miscalculated by adding an unauthorized carbon fee, artificially making solar seem cheaper than reliable energy. SB 261 removes these distortions so NC can have real least-cost energy planning.
Bottom line: SB 261 restores the bipartisan energy bill passed by the legislature and signed into law in 2021 as intended.
State policymakers have many reasons to protect the state’s electricity consumers, beach communities, coastal and oceanic ecologies, whales, militaryoperations, and economy from offshore wind projects.
#ncga#ncpol@jonpsanders
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Extremely disappointing to see @wral and @will_doran to continue this false narrative on corporate donations from the changes in HB237.https://t.co/UqEASZjO2v
The bill digest lays out that Corporate funds are still prohibited from being transferred to party or candidates #ncpol
The 249 year old flag “which flew at Jan. 6” also flew over US Navy ships, city hall of San Francisco and several state capitols. Stop trying to make “fetch” a thing. It isn’t going to happen, and you look silly. #ncpol
@CarolinaJournal You can always tell who doesn’t read the article. The quote is from President Barack Obama’s undersecretary for science in the US Department of Energy, Dr. Steven E. Koonin.
Let's allow #agriculture the same freedom to innovate that we afford our finance and insurance sectors.
#ncag#ncpol@jonpsanders
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Coming up Tuesday on #Wilmington’s Morning News with Nick Craig
6:05 - Top Stories
7:05 - Jan. 6 Security
7:35 - Jewish Voters
8:05 - Power Plant Rule, @jonpsanders
107.9FM and 980AM, WAAV app, and https://t.co/BIuwMKk1ZZ #ncpol#ncga
Climate radicals abuse the courts, including in Pennsylvania, as an arena to penalize and shut down America’s energy sector, employing judges — not elected representatives — to codify their fever dreams of a future without hydrocarbons. | @therealbeliveau https://t.co/Y9fABUv9jD
Mr. Tom Darden wrote a column criticizing some of my arguments against #NCInnovation. Here is my response: Clarifying the Case Against NCInnovation https://t.co/wVcPgpcL5Z via @BusinessNC#ncpol
Unlike most other states, North Carolina has no open-enrollment laws at the state level that would require districts to offer Inter- or intra-district open enrollment to families.
#nced#ncpol
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WRAL Nixes ‘Renewable Energy Drives Higher Power Bills’ Headline. @WRAL headlines the truth and then deletes it b/c @NC_Governor Roy Cooper promised LOWER utility bills. This is going on all over the country. Looking at you, too, CO. #ncpol#copolitics
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