Duke Energy

Duke Energy/Flickr

Duke Energy’s earnings fell 11 percent in the second quarter, driven in part by weakness in international business. For the quarter, the utility reported earnings of $543 million, or 78 cents a share. That’s down from $609 million, or 86 cents a share, in the same quarter a year ago. The company owns hydroelectric dams in Latin America, primarily in Brazil. For the second quarter in a row, chief financial officer Steve Young told investors that drought conditions in Brazil have meant the government is running the dams less and a weak economy hasn’t helped either.

Ben Bradford / WFAE

The North Carolina Senate does not like the Obama administration’s sweeping new rule to limit carbon emissions from power plants. The Senate voted Wednesday to restrict state compliance with the law and to sue the administration.   

North Carolina Governor Pat McCrory, along with many Republican governors, opposes the carbon rule taking effect and has said he plans a lawsuit. The Senate bill requires one.

In the meantime, it orders state environment officials not to take the first step of the rule, developing a plan for cutting carbon emissions by about a third.

Ben Bradford / WFAE

North Carolina produces more solar energy than any state except California, but a new report ranks Charlotte near the bottom of major cities for solar installations.


NCDENR

A U.S. Supreme Court ruling against federal efforts to limit mercury and other toxic emissions at coal plants won’t have much direct effect in North Carolina, but the state’s environment secretary argues it should impact the thinking on another, upcoming federal rule to limit carbon emissions.

Ben Bradford / WFAE

A federal rule to lower mercury, arsenic, lead, and other potentially toxic heavy metals from power plants lies in limbo after a Supreme Court decision Monday. But in the Carolinas, the practical effect will be minimal.


Ben Bradford / WFAE

At the Riverbend coal plant near Charlotte, a front end loader shovels a load of coal ash and drops it into the bed of a truck, which will haul the ash to a landfill in Georgia. Riverbend is one of four coal plants where Duke and state lawmakers committed to removing all the ash from ponds where it’s stored. Heavy metals, like arsenic, can seep from the ash into groundwater.


Ben Bradford / WFAE

Since a spill polluted the Dan River early last year, coal ash has become an environmental head ache for Duke Energy. But while Duke, state regulators, and environmental groups struggle with how to safely store or bury more than 100 million tons of the waste, other industries don’t look at coal ash as waste—it’s a commodity, and they want more.


Charah

Duke Energy and Chatham County have resolved a dispute over the transfer of coal ash.

Ben Bradford / WFAE

Duke Energy has pleaded guilty to federal criminal charges for its handling of coal ash, which led to last year’s Dan River spill and violated the Clean Water Act around the state.


Elliot Brown / Flickr

Duke Energy and a group of environmental and solar industry groups have announced several programs to expand solar power in South Carolina, a state where little currently exists.


Pages