Senate Bill 266’s rework of North Carolina’s carbon-reduction targets was partly intended to buy time for Duke Energy to develop additional nuclear power plants, but the utility remains cagey on whether it actually will. Duke’s plan for nuclear development is to a large degree about keeping its options open, and for letting others take the […]
Gov. Josh Stein has vetoed a bill that would eliminate the state’s interim carbon-reduction goal, citing worries about future fuel costs and a potential cost shift from business to residential customers. “This summer’s record heat and soaring utility bills have shown that we need to focus on lowering electricity costs for working families — not raising […]
A bill that backers hope will make it easier for Duke Energy to meet the state’s carbon-reduction targets by building more nuclear reactors is headed to Gov. Josh Stein’s desk. The final version of Senate Bill 266 cleared its last hurdle on Thursday when the Senate accepted the changes the House made to the bill and passed […]
A 75-36 House vote has put the session’s major energy policy bill back in the hands of the Senate. Senate Bill 266 would do away with the state’s 70% interim carbon-reduction goal, and make it easier for Duke Energy to incorporate the cost of building new power plants into its rates while the projects are under […]
House leaders are shooting for a Tuesday floor vote on a bill that would make it easier for Duke Energy to recover power-plant construction costs before a facility’s ready to go on line. They’ve ditched the original Senate bill and come up with their own counter, rewriting Senate Bill 266, which previously addressed the issue of […]
A proposal to give victims of “historic flood events” like Hurricane Helene a building-code waiver so they can rebuild in place is on the move in the Senate, and its lead sponsors is signaling that he has even bigger things in mind. Senate Bill 266 cleared the chamber’s Regulatory Reform committee on Wednesday, and now […]
A mountain-county senator says if state officials want to exempt the reconstruction of Helene-damaged buildings from flood-protection rules, they also need to pursue parallel changes to the National Flood Insurance Program. Sen. Tim Moffitt, R-Henderson, says he will not seek the enactment of Senate Bill 266 unless he and other advocates can “get some movement […]
You’ll remember that at a recent joint oversight hearing, Rep. Karl Gillespie, R-Macon, and Sen. Tim Moffitt, R-Henderson, complained that flood-protection rules could keep many Hurricane Helene victims from rebuilding in place. Now, Moffitt and some key senators are trying to do something to prevent that. Senate Bill 266 would give owners a partial exemption […]
