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% renewable energy targets, according to the Natural Resources Defense Council. The ...

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 ...

The leader of an environmental group praised Gov. Josh Stein’s decision to veto legislation this week critics say would have ...

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.

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.

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 ...

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 ...

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 ...

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.