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NCLCV Statement on Duke Energy Progress/Duke Energy Carolina’s Carbon Plan and Integrated Resource Plan (CPIRP) Update

Dan Crawford, Director of Governmental Relations

Aug 17, 2023

“It’s clear from this new Carbon Plan filing that lowest cost and most reliable service for North Carolinians isn’t Duke Energy’s priority, but rather highest profit and best return for their shareholders, while providing more dirty energy. Duke proposes building more dirty fossil fuel gas plants and expensive, unproven nuclear plants — replacing coal ash with dirty gas and nuclear waste. In a year after Duke made $4.1 billion and their CEO was given a 30% raise and made $21.35 million, they are clearly more concerned about lining their pockets and rewarding their shareholders than weaning themselves off the teat of dirty energy. NC League of Conservation Voters calls on the NC Utilities Commission to stand up for the people of North Carolina, reject this plan, and demand more cheap, reliable, clean energy.

Yesterday was the anniversary of the biggest investment in clean energy in US history, the Inflation Reduction Act. Thanks to President Biden, we are seeing an affordable clean energy boom in the US and NC’s economy. Meanwhile, Duke Energy is dragging their feet and heading in the completely wrong direction. North Carolina does not need to reward Duke Energy executives and shareholders for dirty, expensive solutions. We need clean, renewable energy from wind and solar with battery storage to provide the least expensive and most reliable electricity for our state.”

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