Commentary by Jim Warren. State regulators have cut another backroom deal with Duke Energy – in the $6 billion merger with Piedmont Natural Gas.
Duke Energy Gas Expansion
Duke Energy is planning a massive increase in its burning of natural gas to produce electricity. This would be a climate disaster because of the large amounts of super-potent methane that leak unburned from gas operations, particularly fracking. Recent science from the United Nations and others show that new gas infrastructure is incompatible with the goal of preventing catastrophic climate change. Read more here and in the news items below about NC WARN’s work to block Duke’s fracking gas future.
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Duke’s climate-damaging future — News & Observer
Letter to the Editor from Dr. Harvard Ayers of The Climate Times. We believe that Duke Energy’s attempts to ignore our concerns have been the epitome of an anti-democratic power play to deny the public the right to object to a monopoly business that is clearly putting corporate profit ahead of customer well- being.
Protesters oppose Duke Energy-Piedmont Natural Gas merger — Charlotte Observer
The chief executives of Duke Energy and Piedmont Natural Gas defended their merger Monday under questioning by advocates who hope to derail it. An attorney for NC WARN, a Durham nonprofit, and two other advocacy groups questioned the CEOs on risks to customers of the electric and gas utilities at a hearing before the N.C. Utilities Commission. Read more and watch 1-minute video.
Duke Energy, Piedmont Natural Gas CEOs to testify on acquisition — Charlotte Observer
The chief executives of Duke Energy and Piedmont Natural Gas will testify as the N.C. Utilities Commission opens a hearing Monday on Duke’s $4.9 billion acquisition of its Charlotte neighbor. Attorneys for environmental advocates will be allowed to cross-examine Duke CEO Lynn Good and Piedmont’s Thomas Skains.
Group Seeks Ban of Backroom Deals by Duke Energy, Regulators — News Release from NC WARN
Today NC WARN filed a petition with the NC Utilities Commission that seeks to end the longstanding pattern of Duke Energy and the regulators deciding billion-dollar cases behind closed doors. Specifically, we’re calling for an open discussion – with all interested parties – on a rules change that would create a fair and transparent process for settling those cases.
The Charlotte Observer reported on our petition July 18, 2016:
Duke Energy, Piedmont Natural Gas CEOs to testify on acquisition
Enormous Stakes — The News & Observer
Letter to the Editor by Jim Warren. We’re asking the NC Court of Appeals to require an open, careful debate over Duke’s project. If Duke Energy is so uncertain about its case for the plant, its shareholders should bear any risks of proceeding with construction. And we’ll continue speaking out when state officials favor Duke Energy instead of the public interest.
NC WARN, Climate Times told to put up $98M bond to appeal Duke power plant permit — The News & Observer
NC WARN, based in Durham, and Climate Times, based in Boone, planned to challenge the permit in court. The two groups say that natural gas, largely derived from fracking – an energy industry technique used to extract oil and gas from rock by injecting high-pressure mixtures of water, sand or gravel and chemicals – results in methane leaks that release more greenhouse gas into the atmosphere than burning coal does.
Regulators Hike Environmentalists’ Bond For Asheville Plant Appeal — WFAE
State regulators have delivered another blow to environmentalists trying to block a new power plant in Asheville. The North Carolina Utilities Commission says two groups must post a $98 million bond before they can appeal.
Regulators order $98M bond in Duke plant fight — News Release from NC WARN
By setting a $98 million bond in today’s order, the Utilities Commission again has wrongly attempted to block our access to the courthouse – and shield itself and Duke Energy from scrutiny over the approval of a new $1 billion power plant in Asheville that is unneeded, would rely on a shaky supply of shale gas, and would further speed the climate crisis.
Backroom Dealing Taints Yet Another Duke Energy Case — News Release from NC WARN
For at least the fifth straight time in a major Duke Energy case, state regulators have undermined any semblance of fair process – this time by cutting a backroom deal with the utility in a $6 billion merger with Piedmont Natural Gas even before receiving input from either the public or formal parties to the case. The NC Utilities Commission took the extra step this time of granting Duke’s request to disallow testimonies by two natural gas experts fielded by NC WARN and allies.