Duke Energy shouldn’t reach any deeper into your pocket to cover the cost of solving its coal ash problems across North Carolina, according to an Ohio-based nonprofit.
Coal & Coal Ash
Due to its size, Duke Energy is pivotal in the fight over coal vs climate. NC WARN and allies blocked the first of two Cliffside units Duke wanted to build – by proving it wasn’t necessary — and continued to struggle against the second unit. We have been protesting Duke Energy’s toxic coal ash spill into the Dan River, and working to ensure that North Carolina electricity customers do not foot the bill for the cleanup of the Dan River and Duke’s other coal ash sites.
Jump to a Subcategory
All News Categories
Analyst: Duke Energy can — and should — clean up ash ponds without rate hikes — Charlotte Business Journal
The Institute for Energy Economics and Financial Analysis says in a new report that Duke could pay for the multibillion-dollar cleanup of its ash operations by additional borrowing, using cash from operations or the dividend and by putting off some capital projects.
Duke can Afford to Pay for Coal Ash Cleanup without Rate Hikes, New Analysis Says — News Release from IEEFA
A new analysis of the financial position of Duke Energy and Duke Energy Carolinas shows that the companies can afford to pay the expected $2 to $10 billion for coal ash cleanup in North Carolina without new rate hikes for their customers.
NC lawmakers cannot kick Duke’s ash can down the road — The News & Observer
Op-Ed by Jim Warren. Closing our eyes won’t make Duke Energy’s toxic coal ash dumps go away. This tragedy for Dan River communities has now expanded into an enormous statewide toxic waste challenge requiring unprecedented leadership. The General Assembly cannot kick the ash can down the road.
EPA reaches deal with Duke to clean river coal ash — Lexington Herald-Leader
Federal environmental officials said Thursday that they have reached a deal with Duke Energy to clean up its mess from a massive coal ash spill into the Dan River that coated 70 miles of the waterway in North Carolina and Virginia with toxic gray sludge.
Duke Energy Directors Sued by Shareholders Over Coal Ash — Bloomberg News
Duke Energy Corp. (DUK:US) shareholders accused the board of exposing the company to billions of dollars in liability by failing to clean up coal-ash ponds in North Carolina, setting up another legal challenge for the largest U.S. utility owner after a February spill in the state.
Investors, protesters speak out to Duke Energy’s board on issues surrounding coal ash spill — Fox News
Outside Duke’s headquarters, where investors gathered for the annual shareholders meeting, about 200 protesters criticized the spill, and the way the $50 billion company has handled the coal ash issue.
Amid security and protests, Duke shareholders re-elect current directors — Charlotte Observer
Duke Energy stockholders waded through a raucous carnival of protesters Thursday for an annual meeting that produced no major changes after three months of coal ash intrigue.
Duke Energy CEO cites ‘year of accomplishment,’ praises directors — WNCN
The head of Duke Energy defended the company’s performance on Thursday, saying it had been a “year of accomplishment for Duke Energy” at a dramatic shareholders meeting.
NC treasurer says Dan River spill calls for changes on Duke Energy board — The Charlotte Business Journal
N.C. State Treasurer Janet Cowell says the state, as a Duke Energy (NYSE:DUK) shareholder, will vote against the re-election of a Duke board member in response to the Dan River coal ash spill.