The North Carolina Utilities Commission (somehow) decided that even though the legislature cut North Carolina’s corporate income tax rate from 6.9 percent to 5 percent last year, Duke Energy and other public utilities can continue charging customers at 6.9 percent and pocket the difference. Meanwhile, for three consecutive quarters, Duke has received a larger rate of return than authorized by state regulators, or in this case, the utilities commission.
Blog Archives
Corporate windfall lets N.C. utilities charge customers under outdated tax rate
Atlantic Coast Pipeline Proposal Advances
Duke Energy, Dominion Resources and other partners are teaming up to build a 550-mile pipeline to better access natural gas produced in Pennsylvania, Ohio and West Virginia, where fracking has proliferated in the Marcellus and Utica shale formations.
About gray matter: One artist’s experience with the health impacts of coal ash
Residents of the Belews Creek community of Stokes County, N.C., have been speaking out about the serious health threat from the nearby massive coal ash pit, which is the largest in the state. Artist Caroline Armijo, who has seen too many of her friends and neighbors die from cancer, is one of them.
To tell the truth
Last month, our director of programs, Matt Wasson, testified before Congress about the perils of mountaintop removal and coal ash pollution, and the failure of some state agencies to protect communities from pollution. While Matt had a rare opportunity to provide a reality check for elected leaders, it’s the people in coal-impacted communities who know this reality better than anyone.
After last-minute compromise, N.C. legislature passes coal ash bill
However dysfunctional, the North Carolina General Assembly always seems to come together in the end — often in literally the final hours of the legislative session. After a last-minute compromise, the North Carolina legislature passed the coal ash bill on Wednesday, but fell short of promises to protect communities in the wake of the Dan River spill.
Seleni-what?
Most people have probably never heard of selenium, but for coal operators and fish it’s a big deal. Appalachian Voices’ water quality expert takes a moment to explain the issues surrounding this mineral — necessary in small amounts but toxic to aquatic life even at very low levels — and the EPA’s controversial attempts to regulate it.
The Energy Report Round-Up
By Brian Sewell Dan River Coal Ash Cleanup “Complete” After removing approximately six percent of the coal ash it spilled into the Dan River in February, Duke Energy announced it has “completed cleanup efforts” to remove coal ash from the…
North Carolina Coal Ash Bill Pending
By Brian Sewell On July 14, the N.C. Senate voted unanimously to reject the state House’s revised version of the Coal Ash Management Plan, which weakened the cleanup requirements in the Senate’s original bill. Now, a committee with members of…
What do Duke Energy and a messy teenager have in common?
Duke Energy has spent six months cleaning up its Dan River coal spill, the third worst in U.S. history, and got a whopping six percent removed. And now it says the job is done. North Carolinians should not accept this — no less than most parents accept their teenagers’ excuses to clean up their rooms.
Hey Duke Energy – Buy a Bigger Dump Truck!
Duke Energy and its army of lobbyists apparently have convinced N.C. lawmakers that it’s just too expensive to clean up all of its leaking coal ash dumps. The company’s argument is based on an assumption that it would take 30 years to remove the ash from JUST ONE SITE. “What??” I hear you ask incredulously. So let’s take a deeper look at that …
