Erik Vosburgh: Energy price points

November 6, 2012 

Energy price points

Your Oct. 13 Progress Energy article outlined the effect that increased energy costs will have on North Carolina residents. While the increased utility rates that Progress is proposing may not be a welcome change for low- to middle-income families, perhaps the hike in prices is needed.

The majority of energy in North Carolina comes from sources with hefty environmental costs that are not totaled on a monthly power bill, even after these increased rates take effect. In addition, both offshore drilling and hydraulic fracking are on the table in our state (the latter of which has already been scheduled to begin in 2014 if nothing is done).

What Americans need are policies that will protect the environment from energy sources that borrow against our future, while still maintaining a manageable price point for the consumer. A carbon tax that is levied on the supply side and redistributed evenly among every American would ensure that alternative energies that protect the environment are as competitive as they should be, while still protecting Americans from the price burden.

Erik Vosburgh

Cary

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