RALEIGH, N.C. โ North Carolina is among the top states in the country for clean energy technology, from solar panels and battery plants to electric vehicles and public chargers. But changes at the federal level could slow down that boom.
The 2022 Inflation Reduction Act funneled hundreds of millions of dollars to North Carolinaโs clean energy sector, providing tax credits for businesses and consumers that invested in it, as well as funding for infrastructure like EV charging stations.
But the IRA is in the crosshairs for President Donald Trump and congressional Republicans. On his first day in office, Trump signed an executive order halting any future spending under the IRA, and congressional leaders are calling for the elimination of renewable energy tax credits in the upcoming federal budget.
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