In response to a petition filed last November by NC WARN and Friends of the Earth, the NC Utilities Commission today proposed rules that would prohibit Duke Energy’s public utilities from charging ratepayers for political contributions, charitable contributions and lobbying expenses.
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New Evidence: Duke’s gas expansion is making global warming worse — European Geosciences Union
Duke CEO put on notice: Gas expansion carries extreme financial, climate risks — Letter from NC WARN
This letter from NC WARN to Duke Energy provides new, hopeful and vitally important background about surging energy storage, the demise of fracked gas, and impacts on the climate crisis. Eight pieces of evidence – summarized after the short letter. Note Forbes Magazine citing Duke Energy as a high-risk laggard.
The controversial bill on Duke Energy rates, explained: How does it affect customers? — News & Observer
Senate Bill 559, approved by the Senate, is awaiting approval in the state House, where it is sitting in committee. The bill, which Duke Energy heavily lobbied for, consists of two parts — the first related to storm recovery funding and the second, more controversial part related to expanding rate-setting options.
Diverse alliance turns up heat on North Carolina Governor Cooper, demanding real climate action — News release from NC WARN
Today, with the imminent release of the Governor’s Clean Energy Plan, 28 national to local organizations representing tens of thousands of North Carolinians sent an open letter to Governor Roy Cooper urging him to exercise all regulatory and political authority to stop the expansion of dirty energy projects throughout the state.
Earth just had its hottest June on record, on track for warmest July — The Washington Post
Duke-backed bill will raise utility rates for all — News & Observer
Duke is making a lot of noise in its attempt to divert attention from the massive cost exposure potential related to the alternative rate mechanism proposal by focusing attention on the securitization section of SB559. Parkdale’s opposition is with Duke’s proposed multi-year ratemaking and return-on-equity banding, which will result in enormous rate hikes on all North Carolinians and businesses.
Fracked Gas Pipeline Would Cost NC $20 Billion, a Cruel Hoax — News Release from Energy Justice NC Coalition
If ever completed, a stalled and controversial fracked gas pipeline would cost North Carolinians over $20 billion due to ongoing cost overruns, make energy bills soar and amplify statewide climate impacts, the Energy Justice NC Coalition told Governor Roy Cooper today.
See coverage by Rocky Mount Telegram