Energy bill would repeal 70% carbon reduction goal, saving $15 billion

Energy bill would repeal 70% carbon reduction goal, saving $15 billion

A major energy reform bill that would repeal North Carolina’s interim goal of cutting carbon emissions 70% by 2030 is now advancing in the state House after passing the Senate last month. Supporters say the move, part of a broader package, will help save electricity customers nearly $15 billion by reducing construction and compliance costs tied to future power generation. The Power Bill Reduction Act (SB 266) was introduced in the House Regulato…