"Championing working families." Governor vetoes controversial bill that could have driven up energy costs: 'This bill fails ...

The bill also would have allowed Duke Energy to bill customers for the construction cost of plants that haven't yet been built.

Governor Josh Stein vetoed three bills Wednesday afternoon, including an expansion of the state auditor’s powers and a controversial reduction in emissions standards sought by Duke Energy. In a ...

N.C. Governor Josh Stein has vetoed a bill designed to let Duke Energy delay cuts in carbon emissions from its power plants in the state. ... Reaction to Stein’s veto of Senate Bill 266.

Due to HB 951, which passed in 2021, North Carolina requires Duke Energy to meet two emissions deadlines. By 2030, the utilities company is supposed to reduce its emissions by 70% of 2005 levels.

Gov. Roy Cooper wants Duke Energy to put more renewable energy resources like solar and wind into ... A 2019 law requires Duke to slash carbon dioxide emissions 70% from 2005 levels by 2030 and ...

Lawmakers approved SB 266, letting Duke Energy charge customers before building plants. If signed, bill eliminates 2030 emissions targets while keeping carbon neutrality by 2050.

Supporters say Senate Bill 266 will keep power bills from becoming even more expensive. Critics say it could do the exact opposite. It's now headed to the desk of Gov. Josh Stein.

North Carolina legislators finalized a bill Thursday that would eliminate an interim greenhouse gas reduction mandate set in a landmark 2021 law, while still directing regulators to aim to cancel ...

Duke Energy agreed in 2021 to cut its carbon emissions by 70 percent by 2030. However, now they say they can't meet that plan. Posted 2024-07-26T22:12:17+00:00 - Updated 2024-07-26T22:12:17+00:00 ...

That said, Duke Energy is bound by a bipartisan 2021 state law to reduce its GHG emissions by 70% by 2030 compared to 2005 levels. By 2050, the utility must reach full carbon neutrality.