In February, Governor Pat McCrory filled out a 2012 statement of economic interest that shows he has a meaningful financial stake in Duke Energy worth at least $10,000. The form did not require him to be more specific.
Duke/Kochs' Control of Government
Duke Energy and others in the energy industry consistently use deceptive public relations – and millions of customer dollars – to distort the debate over important decisions. Duke’s control over NC state government is significant. We must face this “inconvenient truth” in order to make the shift to clean, safe energy. This corporate influence has, in the words of Dr. James Hansen, wounded our democracy.
Particularly egregious are efforts by Duke, the Koch brothers and other industry powers to slow the growth of solar energy and, in North Carolina, to prevent competition from third-party providers of no-upfront-cost solar deals that put solar energy within reach of many more homeowners and businesses. Another good example of corporate power is the passage in some states of Construction Work in Progress laws that allow utilities to charge customers in advance for building expensive new plants that aren’t even needed.
In 2015, Duke Energy, the Koch Brothers and others successfully kept the Energy Freedom bill bottled up in committee at the NC legislature. The bill would have opened up NC to third-party solar deals. Read about our 2015 Duke Hates Solar campaign in support of the bill.
Read about our Solar Freedom project at Faith Community Church in Greensboro — a test case in the state’s ban on third-party sales of electricity.
Direct Appeals for Dialogue with Duke Energy
NC WARN has repeatedly reached out to Duke Energy executives, seeking to collaborate with them on moving away from obstructionism and toward a clean energy future. A few examples are listed here.
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Watchdog group concerned over McCrory regulating Duke Energy – WSOC Charlotte
Watchdog asks Gov. McCrory to disclose value of Duke Energy stock holdings – Facing South
Following a Facing South report that found North Carolina Gov. Pat McCrory (R) holds significant amounts of Duke Energy stock, a watchdog group sent him a letter asking him to disclose its exact value — and reiterated its call that he therefore recuse himself from appointing anyone to the state Utilities Commission.
Is Governor still profiting from Duke Energy as he plans to replace its regulators?
NC WARN sent this letter to Governor Pat McCrory today after learning from his Statement of Economic Interest that he owns stock in Duke Energy.
See his latest SEI filing.
See our previous letters to Governor McCrory:
January 4, 2013 (with AARP NC)
February 11, 2013
Will Gov. McCrory help his friend Duke Energy capture the N.C. Utility Commission? — Facing South
Senate Bill 10 and the N.C. Utilities Commission
Watchdog group wants probe of Duke Energy negotiations – Charlotte Business Journal
Did Duke CEO and Top Regulator Break the Law by Cutting Deal on Merger Scandal? – News Release from NC WARN
Last week the Charlotte Observer published an interview in which Duke Energy CEO Jim Rogers said he had resolved the major scandal following his acquisition of Progress Energy by personally negotiating the settlement with NC Utilities Commission Chairman Ed Finley. Today NC WARN called on state Attorney General Roy Cooper to investigate that negotiation, which we believe was an unlawful communication that led to a multi-billion dollar miscarriage of justice against North Carolina’s electricity customers.