Senate, Duke Energy

New bill would eliminate Duke Energy's 2030 carbon reduction goals
Duke Energy would shed its goal of a 70% carbon reduction by 2030 under a new bill filed in the North Carolina General Assembly by powerful state Senate leader Phil Berger. Why it matters: The proposal would roll back a portion of a major 2021 bill,
NC Senate passes bill to undo Duke Energy climate goal, change rules for raising rates
Critics say it could do the exact opposite, potentially leaving North Carolinians paying billions of dollars for power plants that never actually get built. But those critics were out-voted Thursday.
Bill altering NC climate goals in the name of lowering energy costs passes senate vote
Senate Bill 261, known as the Energy Security and Affordability Act, passed its second and third readings in the Senate Thursday and will head to the House for further discussion.
A New Bill Would Allow Duke Energy to Retreat From North Carolina’s Ambitious Climate Goals
State Sen. Paul Newton introduced Senate Bill 261 on Tuesday with the gusto of a car salesman: “I’m here to offer you an opportunity to save North Carolina billions of dollars,” the Cabarrus County Republican said as he convened a meeting of the Senate Agriculture,
NC lawmakers gave Duke Energy new climate goals 4 years ago. Now they want to undo them
Senate Bill 261 is sponsored by top-ranking Republican Senate leaders -- including a former Duke Energy executive -- and is being fast-tracked at the GOP-controlled legislature. Its first committee hearing is scheduled for Tuesday morning.
Bill to remove Duke Energy climate goals in NC advances
The state Senate has advanced a bill that would repeal clean energy goals required to be met by Duke Energy.
NC Senate passes bill to remove 2030 carbon reduction deadline for Duke Energy
The development comes after the bill was introduced on Monday, led by Republican senators Phil Berger, Paul Newton, and Lisa Barnes.
NC Senate debates bill to undo climate regulations on Duke Energy
In 2021, state lawmakers required Duke Energy to hit carbon-reduction goals by 2030 to fight climate change, in exchange for more freedom to raise rates. Now the legislature wants to undo those climate rules.
Florida utilities lobbying hard to kill bill curbing profits, lawmaker says
Utility companies are some of the most powerful special interests in Florida. And they have been lobbying hard ...
NC Senate fast-tracks plan to eliminate 2030 target for power companies to cut emissions
North Carolinians shouldn’t be saddled with the increased costs created by arbitrary benchmarks,” Sen. Phil Berger said.
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NC Senate to vote on bill that would remove a key state carbon pollution target
The state Senate will soon vote on a bill that would eliminate North Carolina’s 2030 carbon pollution reduction target. The bill also allows Duke Energy to recover costs on power generating facilities ...
NC lawmakers advance bill to remove carbon target, expand utility charges on future plants
A bill moving through the North Carolina Senate would eliminate the 2030 carbon-cutting goal and expand utilities' ability to charge customers for power plants before they're built.
Duke Energy says it needs to ramp up new energy to serve data centers. Is it right?
Duke says it will need to power at least 1.5 gigawatts of new data centers in the Carolinas by 2033. How is it reaching that ...
North Carolina’s failing incentives could hurt you in an unexpected way — your power bill | Opinion
Duke Energy is a regulated monopoly, meaning it earns a guaranteed return on every dollar it spends. The more infrastructure ...
Building a different Duke
Retiring CEO Lynn Good has guided a remake of the utility giant to meet the Carolinas' growing appetite for power.
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NC Senate’s New Energy Bill Provides Needed Reform To Protect Ratepayers
Maya Reagan, Carolina Journal By Andre Beliveau In 2021, the General Assembly passed HB 951, a bipartisan energy bill ...