Charlotte has goals to become a renewable energy city, but that’s proving to be more costly than previously thought.
Most recently, a solar farm that was supposed to help Charlotte meet its goals of being carbon-free by 2030 was put into question after developers said they need a 25% price increase to keep it viable.
This is due to a variety of reasons. Supply chain issues, inflation, overseas tariffs and rising interest rates are all among them. Charlotte is looking at how to proceed, but whatever the solution, it could be expensive.
This issue is not unique to Charlotte. Municipalities across the country and the world are facing similar issues. Mike Collins and our panel of guests explore the cost of going green.
GUESTS:
David Boraks, WFAE climate reporter
Autumn Proudlove, associate director of N.C. State Energy Collaborative