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Tuesday, November 24th, 2009

Duke Energy Looks into China Possibilities

August 9, 2009 by Stephen Kersey  
Filed under Business

Duke Energy Looks into China Possibilities

Duke Energy and China Huaneng Group recently announced that they have signed a Memorandum of Understanding to explore clean-energy (including renewable) technologies. This potential partnership includes giants from each country. Duke Energy is one of the largest electric utilities in the United States, while China Huaneng Group is the largest electric utility in China.
After the MOU was signed in Beijing, the two companies plan to start sharing information and discussing the future of clean-energy technology. One of the main focuses will be in regards to global warming.
Said Jim Rogers, the CEO of Duke Energy: “We find ourselves at a pivotal …read more

Duke Energy: Carbon Storage Project

July 6, 2009 by Stephen Kersey  
Filed under Business

Duke Energy: Carbon Storage Project

Duke Energy is proposing a carbon dioxide storage project in the state of Indiana. The ball is now in the court of the Indiana Utility Regulatory Commission.
The goal of the project is to keep carbon dioxide emissions from going into the atmosphere. Studies have shown that carbon dioxide emissions have caused global warming.
Said Jim Stanley of Duke Energy: “Indiana gets more than 90 percent of its electric power from coal, and our country has hundreds of years of reserves. The real-world testing of carbon capture and storage is critical to the continued use of an abundant and relatively inexpensive domestic …read more

Environmental Groups Target Duke Energy

June 11, 2009 by Stephen Kersey  
Filed under Business

Environmental Groups Target Duke Energy

Saying that Department of Health and Environmental Control in South Carolina isn’t doing enough, Coastal Conservation League and American Rivers have stepped in to attempt to protect of the Wateree and Catawba rivers. The two environmental groups say that Duke Energy’s five dams are damaging the rivers.
Said Gerrit Jobsis of American Rivers: “DHEC hasn’t provided the citizens of South Carolina with reasonable assurance that Duke’s dams will provide necessary water flows for fish and wildlife, and a healthy river. South Carolina must be assured protection for the clean water and economic benefits that a healthy river provides.”
Duke Energy is attempting …read more


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