When the Obama administration approved the guidelines for seismic testing this summer, it paved the way for energy exploration off North Carolina’s coast. Governor Pat McCrory says the tests are necessary to update 30-year-old data on the region’s oil and gas reserves.
Wind farms just a few miles off the coast of North Carolina could be a reality within the decade. After tax incentives for these projects were renewed in the recent “fiscal cliff” deal, the Bureau of Ocean Energy Management came to Wilmington to hear what area residents and stakeholders think. That’s because two of three projects planned for North Carolina coastal waters are in the Cape Fear region.