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Duke Energy responds to constructive carbon plan decision by North Carolina Utilities Commission

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Duke Energy responds to constructive carbon plan decision by North Carolina Utilities Commission


CHARLOTTE, N.C., Dec. 30, 2022 /PRNewswire/ — Duke Power issued the next assertion in response to as we speak’s order by the North Carolina Utilities Fee (NCUC) on its carbon plan, an end result prescribed by North Carolina state regulation (Power Options for North Carolina, HB951).

(PRNewsfoto/Duke Power)

Background
On Might 16, 2022, Duke Power filed a proposed Carolinas Carbon Plan with the North Carolina Utilities Fee (NCUC). Our proposal was formed by important stakeholder enter, together with engagement with greater than 300 organizations from each North Carolina and South Carolina. After evaluating our proposal, together with alternate proposals from intervenors, enter from public hearings, and an in depth evidentiary listening to, the NCUC issued its last plan as we speak. As outlined in North Carolina regulation, the ultimate plan might be reviewed and adjusted each two years going ahead.

At present’s order requires us to refresh our modeling – together with impacts of the Inflation Discount Act, Infrastructure Funding Jobs Act, and different future legislative adjustments and altering situations – and file a brand new proposal with the NCUC by Sept. 1, 2023.

In August 2023, we will even file an Built-in Useful resource Plan with the Public Service Fee of South Carolina, which is able to consider the carbon plan, the Inflation Discount Act and Infrastructure Funding Jobs Act, and different elements related to useful resource planning.

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Duke Power assertion
“We consider this can be a constructive end result that advances our clear vitality transition, supporting a various, ‘all the above’ method that’s important for long-term useful resource planning. We have already made unbelievable progress, retiring two-thirds of our ageing coal crops in North Carolina and South Carolina and decreasing emissions by greater than 40% since 2005 – we are going to proceed this ongoing work of decreasing carbon emissions to scale back threat for our clients whereas balancing affordability and reliability.

“The communities we serve are already seeing the advantages of this transition. Prospects in each states deserve a clear vitality plan that helps communities and retains charges as little as doable, whereas making certain the continued financial competitiveness that the Carolinas depend upon. We sit up for completely reviewing the NCUC order and incorporating it into our useful resource planning, together with our filings in South Carolina in August 2023.”

Highlights of the carbon plan could be discovered right here in an NCUC information launch.

Duke Power

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Duke Power (NYSE: DUK), a Fortune 150 firm headquartered in Charlotte, N.C., is one in all America’s largest vitality holding firms. Its electrical utilities serve 8.2 million clients in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively personal 50,000 megawatts of vitality capability. Its pure fuel unit serves 1.6 million clients in North Carolina, South Carolina, Tennessee, Ohio and Kentucky. The corporate employs 28,000 folks.

Duke Power is executing an aggressive clear vitality transition to attain its objectives of net-zero methane emissions from its pure fuel enterprise by 2030 and net-zero carbon emissions from electrical energy era by 2050. The corporate has interim carbon emission targets of a minimum of 50% discount from electrical era by 2030, 50% for Scope 2 and sure Scope 3 upstream and downstream emissions by 2035, and 80% from electrical era by 2040. As well as, the corporate is investing in main electrical grid enhancements and vitality storage, and exploring zero-emission energy era applied sciences reminiscent of hydrogen and superior nuclear.

Duke Power was named to Fortune’s 2022 “World’s Most Admired Corporations” listing and Forbes’ “World’s Finest Employers” listing. Extra data is accessible at duke-energy.com. The Duke Power Information Middle accommodates information releases, reality sheets, images and movies. Duke Power’s illumination options tales about folks, improvements, group matters and environmental points. Observe Duke Power on Twitter, LinkedIn, Instagram and Fb.

Contact: Invoice Norton
24-hour media line: 800.559.3853

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North Carolina

North Carolina's GOP-controlled House overrides Democratic Gov. Roy Cooper's vetoes

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North Carolina's GOP-controlled House overrides Democratic Gov. Roy Cooper's vetoes


RALEIGH, N.C. (AP) — North Carolina’s Republican-led House quickly overrode three of Democratic Gov. Roy Cooper’s vetoes on Wednesday.

The House votes, largely along party lines, sent the overrides to the Senate, which does not meet this week. Veto overrides require supermajorities from both legislative chambers to become law. Since gaining supermajorities last year, GOP lawmakers have blocked all of Cooper’s vetoes.

The first bill allows the North Carolina Division of Motor Vehicles to issue title certificates for all-terrain and utility vehicles, and expands the types of roads accessible for modified utility vehicles to include all roads with speed limits of 55 mph or less. Cooper said in his veto statement that the law would endanger people on state highways because off-road vehicles don’t have as many safety features.

The second piece of legislation changes several laws involving tenancy, notaries and small claims court. What mostly prompted Cooper’s veto was a prohibition against local ordinances that aim to stop landlords from denying tenancy to people whose rent money comes mostly from federal housing assistance programs.

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The last bill, among other things, blocks state agencies from taking payments in central bank digital currency, which is similar to cryptocurrencies, but with value determined by a country’s central bank. In the U.S., the Federal Reserve would be liable for the currency’s value, and the agency is still studying whether it can manage its risks to the cost and availability of credit, the safety and stability of the financial system, and the efficacy of monetary policy.

Cooper called the legislation “premature, vague and reactionary,” and urged the Legislature to wait to see how it works before passing laws to restrict it.

There are two more vetoes that still require action from both chambers. Lawmakers are scheduled to reconvene in early September.





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North Carolina

Most NC schools don’t have carbon monoxide detectors in classrooms

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Most NC schools don’t have carbon monoxide detectors in classrooms


Thousands of school buildings in North Carolina, including many in Wake County, do not have carbon monoxide detectors.

On Wednesday, state schools leaders will look at how to address that. Talks are happening inside the state education building about ways to keep your student safe.

On Wednesday, we’ll get a breakdown of what it would take to install carbon monoxide detectors in schools.

State education leaders will be reviewing a report Wednesday afternoon. It shows most North Carolina schools don’t have them.

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In Wake County, about 200 school buildings don’t have the devices. That’s more than a third of school buildings in the county. It would cost about $2.1 million to get them installed. It would cost $40 million to install them in schools across the state.

Nikki James Zellner with CO Safe Schools said not having these detectors puts children at risk.

“We think that we’re protected when we’re going into these establishments,” she said. “We think that our children are protected, but in reality, we’re relying on institutional standards that haven’t really been updated in a significant amount of time.”



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North Carolina governor says Harris 'has a lot of great options' for running mate

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North Carolina governor says Harris 'has a lot of great options' for running mate


SUPPLY, N.C. — A day after confirming he wouldn’t be a candidate for Vice President Kamala Harris’ running mate, North Carolina Gov. Roy Cooper said Tuesday at a public event that he’s excited that Democrats “have a lot of great options for her to choose from.”

Speaking in coastal Brunswick County with U.S. Environmental Protection Agency Administrator Michael Regan to celebrate federal funding for land conservation, Cooper reiterated his Monday message by saying “this was not the right time for our state or for me to potentially be on a national ticket.”

Cooper, barred by term limits from seeking reelection this year, had been among roughly a dozen potential contenders that Harris’ team was initially looking at for a vice presidential pick. He’s been a surrogate for President Joe Biden’s reelection bid and now for Harris.

“I am going to work every day to see that she is elected,” Cooper told WECT-TV. “I believe that she will win, and I look forward to this campaign because she has the right message and she is the right person for this country.”

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In making his decision, Cooper confirmed Tuesday that he was concerned in part about what Republican Lt. Gov. Mark Robinson could do if he left the state to campaign as part of the Democratic ticket. The state constitution says that “during the absence of the Governor from the State … the Lieutenant Governor shall be Acting Governor.” Robinson is running for governor this fall.

“We had concerns that he would try to seize the limelight because there would be a lot, if I were the vice presidential candidate, on him, and that would be a real distraction to the presidential campaign,” Cooper said.

Cooper pointed to when he traveled to Japan last fall on an economic development trip. As acting governor at the time, Robinson held a news conference during his absence to announce he had issued a “NC Solidarity with Israel Week” proclamation after the Oct. 7 Hamas attack inside the country.

Cooper also said Tuesday that he informed Harris’ campaign “early in the process” that he would not be a candidate, but that he didn’t reveal publicly that decision at first so as not to dampen enthusiasm for Harris within the party.

“My name had already been prominently put into the media and so I did not want to cause any problems for her or to slow her great momentum,” he told WRAL-TV while in Supply, located about 160 miles (258 kilometers) south of Raleigh. Cooper said he announced his decision when “there had begun to be a lot of speculation about the fact that I was not going to be in the pool of candidates, and in order to avoid the distraction of the speculation.”

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Tuesday’s event at Green Swamp Preserve celebrated a $421 million grant for projects in North Carolina, South Carolina, Virginia and Maryland to reduce climate pollution. The money will be used to preserve, enhance or restore coastal habitats, forests and farmland, Cooper’s office said.



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