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See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Duke Energy Carolinas and Duke Energy Progress will each take a $500 million charge against earnings in the fourth quarter to account for the settlement......»»

The N.C. Supreme Court peppered lawyers for Duke Energy, state agencies and environmental groups with rapid-fire questions in two hours of oral arguments over the 2018 rate cases that saddled customers with more than $700 million in coal-ash costs. .....»»

Duke Energy Corp. says its two Carolinas utilities spent about $622 million on cleaning up their coal-ash operations from Oct. 1, 2018, to Sept. 30, 2019, with about $200 million going to North Carolina contractors. The N.C. Utilities Commission r.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

In recent months, Duke Energy has promised to speed coal-plant closures, end net carbon emissions by 2050 and has now agreed to excavate essentially all the coal ash stored in unlined pits in the Carolinas......»»

Litigation losses may have helped spur negotiations. Here's a look at other factors that likely came into play......»»

Regulators in North Carolina have won a nearly complete victory in their battle with Duke Energy Corp. over cleaning up coal-ash contamination with a blockbuster settlement announced Thursday. Charlotte-based Duke (NYSE: DUK) has agreed to excavate.....»»

Regulators in North Carolina have won a nearly complete victory in their battle with Duke Energy Corp. over cleaning up coal-ash contamination with a blockbuster settlement announced Thursday. Charlotte-based Duke (NYSE: DUK) has agreed to excavate.....»»

Duke Energy Corp. announced Thursday an agree.....»»

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Duke Energy Carolinas and Duke Energy Progress are taking their arguments that the S.C. Public Service Commission’s orders on their most recent rate cases were arbitrary and unconstitutional to the State Supreme Court. Last month, the PSC decline.....»»

Duke Energy would have to significantly step up plans to close coal plants and cut overall carbon emissions if the state's new Clean Energy Plan, just proposed by the N.C. Department of Environmental Quality, goes into effect. The plan calls for .....»»

An administrative judge ruled Friday that the N.C. Department of Environmental Quality has the authority to order Duke Energy Corp. to excavate coal-ash ponds at six coal plants, rejecting Duke's motion to dismiss the April 1 order. The order by .....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Coal ash .....»»

State environmental regulators ruled last.....»»

Bitcoin miners made the case for their industry as a driver of clean energy adoption, rather than an ecological disaster, at Fidelity’s Mining Summit......»»

Charlotte, North Carolina—May 2, 2019—A shareholder resolution on the health and climate impacts of coal use filed at Duke Energy Corp (NYSE:DUK) by shareholder advocacy group As You Sow and Daughters of Charity, Province of St. Louise r.....»»

Duke Energy Corp. (NYSE: DUK) has appealed the N.C. Department of Environmental Quality’s order that it must excavate the coal ash at its current and former coal-burning power plants – including the Belews Creek Steam Station north of Winston-Sale.....»»