Major North Carolina Businesses Call on Lawmakers to Pass Clean Energy Policies

Major North Carolina Businesses Call on Lawmakers to Pass Clean Energy Policies

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Yesterday, over a dozen major North Carolina companies and investors sent a letter to state lawmakers encouraging the passage of additional clean energy policies in 2017.

The businesses—including Greensboro-based VF Corporation, Ingersoll Rand (Mecklenburg County), United Technologies (Charlotte), Novozymes (Franklinton and RTP), and Asheville-area beermakers New Belgium Brewing and Sierra Nevada—are supportive of clean energy policies that help companies save money, reduce risks, and plan for the future.

“We want to reiterate our support for clean energy in North Carolina,” the businesses write. “We hope to see lawmakers build on the success of North Carolina’s Renewable Energy and Energy Efficiency Portfolio Standard (REPS) and pass additional clean energy policies this session.” Signatories also include Arjuna Capital, Double Time Capital, Mars Incorporated, Schneider Electric, Seventh Generation, Trillium Asset Management, and Unilever.

“New Belgium is committed to being a great place to work and a sustainable business—and our Asheville brewery is no exception,” said Jenn Vervier, director of strategy and sustainability at New Belgium Brewing Co. “Forward-looking clean energy policies help companies like ours access cost-competitive renewable energy while creating certainty for businesses looking to make new investments here in North Carolina.”

In particular, the businesses support policies that provide market predictability, greater access to renewable energy, a reliable energy efficiency policy, and incentives for clean energy investment.

“Businesses are increasingly making commitments to source renewable energy because they understand its value in providing cost certainty and hedging against volatile fossil fuel prices,” said Alli Gold Roberts, state policy manager at the nonprofit Ceres. “North Carolina has a golden opportunity to attract new investments and innovation by passing legislation to encourage new clean energy investments, to allow greater access to renewable energy for larger corporate buyers, and to ensure predictability and policy certainty into the future.”

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