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

Environmental critics who want cleaner energy sources to come online sooner urged Stein to veto ... emissions or 100% ...

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

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 ...

North Carolina legislators have finalized a bill that would eliminate an interim greenhouse gas reduction mandate set in a landmark 2021 law, while still directing regulators to aim to cancel out ...

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.

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.

Supporters say Senate Bill 266 will keep power bills from becoming even more expensive. Critics say it could do the exact opposite. It's now headed to the desk of Gov. Josh Stein.

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.

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 ...

Scope 1 emissions account for 30% of Duke’s campus emissions. Since 2007, Duke has reduced its campus energy use by 42% despite growing its physical footprint by 3 million square feet.