Duke Energy, the third-largest emitter of carbon dioxide in the U.S. utility sector, has spent more than $10 million to lobby Congress since 2008, helping to shape, it says, legislation to cap carbon emissions… [Waxman-Markey] gave Duke most of the credits it would need for the next 15 to 20 years for free.
“That was a major achievement,” said Duke spokesman Tom Williams. “I would say that was a major example of our [lobbying] presence paying off for our customers.”
Duke CEO Jim Rogers has “played the political winds like a master yachtsman,” said Frank O’Donnell, president of Clean Air Watch, adding that the firm touts carbon controls while also expanding a coal-fired plant west of Charlotte, N.C.
“Master yachtsman”? Below is a more apt image of Duke’s “Skipper”:
In reality, Rogers has done nothing but betray his shareholders and customers:
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Pursuant to Title 17 U.S.C. 107, other copyrighted work is provided for educational purposes, research, critical comment, or debate without profit or payment. If you wish to use copyrighted material from this site for your own purposes beyond the 'fair use' exception, you must obtain permission from the copyright owner.
Views are those of authors and not necessarily those of Canada Free Press. Content is Copyright 2012 the individual authors.
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