Reactions to Duke Energy’s $4.9 billion takeover of Piedmont Natural Gas are skewing mostly to wait-and-see at this point. But at least one Duke watcher has some concerns.
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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Open Letter to Duke Energy CEO, Lynn Good, on Proposed Asheville Gas Plant — NC WARN and Climate Voices US
It is patently dishonest for Duke Energy to imply it is helping slow climate change while pretending that the impacts of methane leakage somehow can be ignored – especially when the Intergovernmental Panel on Climate Change now warns that methane is 86 times more potent as a greenhouse gas than carbon dioxide over a 20-year period. Your people surely know this. Why do you allow Duke officials to keep distorting this critical issue that defeats the notion of natural gas as a “bridge fuel”?
Duke Energy turns to natural gas in place of coal — News & Record
Duke’s shift toward gas began in earnest about seven years ago, triggering the closure of coal-fired plants in Eden and six other North Carolina communities, replacing them with five plants that use gas as their primary fuel. Clean-energy advocate Jim Warren believes Duke is reaping a public relations bonanza by shifting from a bad fossil fuel to another that’s only a bit less problematic.