Tag:duke energy

  • Nuclear power backers seek ‘clean’ status — and subsidies

    Nuclear power advocates are jumping on the climate change bandwagon. They are repackaging the industry as a clean energy alternative, and making a case for government subsidies. The Joint Legislative Commission on Energy Policy got that pitch in April. Nuclear energy representatives said nuclear plants…

  • Coal ash cleanup bill heads to governor

    The state House on Thursday approved a compromise coal ash cleanup bill, agreeing with a measure passed earlier in the week by the Senate. The coal ash legislation is in response to a 2014 spill into the Dan River near Eden. The General Assembly created a coal ash commission to…

  • Coal ash cleanup bill awaits vote in House

    A coal ash cleanup bill moved quickly through the state Senate on Tuesday. House Bill 630 would repeal all provisions in state law related to a Coal Ash Management Commission that was struck down by the N.C. Supreme Court. Instead, coal ash cleanup will come under the supervision of…

  • Big Business Still Getting Big Payouts From Renewable Tax Credits

    Blue Cross and Blue Shield of North Carolina, the state’s largest insurance company, in 2015 received state tax credits for investments in renewable energy projects worth more than $40 million, and Duke Energy, the nation’s largest electric utility, used the 35 percent renewable credit for a tax break worth nearly…

  • Green Tax Credits Big Business for Big Business

    RALEIGH — While Duke Energy is passing higher costs to ratepayers because state law forces it to purchase renewable energy, the utility also claimed $62.8 million in tax write-offs in 2014 for its own investments in green power projects.

  • Duke Gets Bum Rap

    Criticizing Duke for calculating its taxable income correctly is either embarrassingly silly or thoroughly disingenuous.