The latest annual update from the North Carolina Sustainable Energy Association (NCSEA) reports the total economic impact from North Carolina clean energy development over the last 12 years has surpassed $28 billion.
Key additional findings from the report include:
- The direct investment in clean energy development in North Carolina from 2007 to 2018 totaled almost $15 billion.
- Net new tax revenues from these renewable projects exceeded the state’s tax incentives over this period by over $200 million.
- 14 counties, including many of North Carolina’s poorest coastal counties, each experienced more than $300 million in renewable energy investment during this period, focusing economic benefits on counties that need it most.
- The state’s clean energy development during this period supported more than 169,000 annual full-time-equivalent jobs.
More discussion of the findings, including a link to download the full economic report, are found here.
Up next, Winds of Crossover >>
To get news like this in your inbox every Monday, please sign up for our Conservation Insider Bulletin newsletter!
