The bill also would have allowed Duke Energy to bill customers for the construction cost of plants that haven't yet been ...

A bill that would have impacted utility costs and the state’s climate goals has been vetoed by Governor Josh Stein. READ MORE ...

North Carolina Gov. Josh Stein has vetoed a bill that would repeal an interim greenhouse gas reduction mandate for power ...

North Carolina Gov. Josh Stein vetoed three more bills passed recently by the state legislature, saying the proposals will ...

The new memo from N.C. State professors says the fuel costs to power new natural gas plants could be a key price driver for ...

The bill would have eliminated a 2030 emissions-reduction target for Duke Energy — and caused the utility to build less ...

Lawmakers approved SB 266, letting Duke Energy charge customers before building plants. If signed, bill eliminates 2030 emissions targets while keeping carbon neutrality by 2050.

Due to HB 951, which passed in 2021, North Carolina requires Duke Energy to meet two emissions deadlines. By 2030, the utilities company is supposed to reduce its emissions by 70% of 2005 levels.

Duke Energy agreed in 2021 to cut its carbon emissions by 70 percent by 2030. However, now they say they can't meet that plan. Posted 2024-07-26T22:12:17+00:00 - Updated 2024-07-26T22:12:17+00:00 ...

That said, Duke Energy is bound by a bipartisan 2021 state law to reduce its GHG emissions by 70% by 2030 compared to 2005 levels. By 2050, the utility must reach full carbon neutrality.