Policy Report

The Economic Impact of North Carolina’s Renewable Energy and Energy Efficiency Portfolio Standard

posted on in Energy & Environment, Spending & Taxes

In 2007, the passage of Senate Bill 3 (SB 3) in North Carolina required that all of the state’s public electric utilities increase the percentage of electricity generated from new renewable energy sources. The Beacon Hill Institute in conjunction with the John Locke Foundation has set out to estimate the costs and benefits of SB 3 and its impact on the state’s economy.

The Economic Impact of North Carolina’s Renewable Energy and Energy Efficiency Portfolio Standard

Terry Stoops is the Director of Education Studies at the John Locke Foundation. Before joining the Locke Foundation, he worked as the program assistant for the Child Welfare Education Programs at the University of Pittsburgh. After crossing the Mason-Dixon Line,… ...

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About John Locke Foundation

We are North Carolina’s Most Trusted and Influential Source of Common Sense. The John Locke Foundation was created in 1990 as an independent, nonprofit think tank that would work “for truth, for freedom, and for the future of North Carolina.” The Foundation is named for John Locke (1632-1704), an English philosopher whose writings inspired Thomas Jefferson and the other Founders.

The John Locke Foundation is a 501(c)(3) research institute and is funded solely from voluntary contributions from individuals, corporations, and charitable foundations.