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The bill also would have allowed Duke Energy to bill customers for the construction cost of plants that haven't yet been built.
A bill that would have impacted utility costs and the state’s climate goals has been vetoed by Governor Josh Stein. READ MORE ...
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North Carolina Gov. Stein vetoes bill repealing interim greenhouse gas reduction mandateEnvironmental critics who want cleaner energy sources to come online sooner urged Stein to veto ... emissions or 100% renewable energy targets, according to the Natural Resources Defense Council. The ...
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. Critics warn ...
North Carolina lawmakers have approved a bill to let Duke Energy delay planned carbon-emissions reductions and also allow the utility to charge rate-payers for new power plants before they’re built.
The bill would have eliminated a 2030 emissions-reduction target for Duke Energy — and caused the utility to build less generation, just as power ...
CHARLOTTE — Duke Energy will not meet North Carolina carbon emissions goals by 2030, according to a recent filing. READ MORE: Duke Energy’s Bad Creek hydro plant just got 25% bigger.
North Carolina legislators finalized a bill Thursday that would eliminate an interim greenhouse gas reduction mandate set in a landmark 2021 law, while still directing regulators to aim to cancel ...
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 p… ...
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.
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.
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.
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