“The non-binding goal was spurred largely by Duke’s increasing reliance on natural gas.” So burning natural gas has no emissions?
Continue reading Duke Energy pledges zero carbon emissions by 2050
Duke Energy pledges zero carbon emissions by 2050
Duke Energy
Report: BURN MORE COAL success at Duke Energy annual meeting
Based on the results of the shareholder vote at the Duke Energy annual meeting, BURN MORE COAL earned the right to present its “greenwashing audit” shareholder proposal again at Duke’s 2020 annual meeting.
Continue reading Report: BURN MORE COAL success at Duke Energy annual meeting
Duke Energy proxy statement issued: Pro-coal vs. Anti-coal showdown on May 2
Duke Energy’s proxy statement for its May 2, 2019 annual meeting has been issued. The meeting will feature anti-coal forces (the left-wing activist investors at As You Sow plus Duke Energy management) vs. pro-coal BURN MORE COAL (via Steve Milloy). You can read the proxy statement here, including the BURN MORE COAL and As You Sow proposals, and the Duke Energy response to each.
Whose side are you on?
WINNING… BURN MORE COAL defeats Duke Energy, Exelon at SEC; Shareholder proposals for greenwashing audit to be voted on at annual meeting
BURN MORE COAL wins the right to talk greenwashing, coal, climate at the annual shareholder meetings of Duke Energy and Exelon, and to have shareholders vote on our Greenwashing Audit proposals. YUGE.
BURN MORE COAL responds to Duke Energy request to SEC to ignore shareholder proposal on greenwashing
On December 28, 2018, Duke Energy asked the U.S. Securities and Exchange Commission for permission to omit BURN MORE COAL’s shareholder proposal from Duke’s 2019 proxy materials. If granted, it would mean no shareholder vote at Duke’s 2019 annual meeting on our proposal for a greenwashing audit. Below is BURN MORE COAL’s response.
Duke Energy asks SEC for permission to kill BURN MORE COAL shareholder proposal
Afraid its anti-coal misrepresentations will be exposed to shareholders and the public, Duke Energy has officially requested permission from the U.S. Securities and Exchange Commission to exclude from its 2019 proxy statement the shareholder proposal requesting a greenwashing audit recently submitted by BURN MORE COAL. Stay tuned for our response and the ultimate SEC decision!
BURN MORE COAL files first shareholder proposal
We are asking Duke Energy to perform a Greenwashing Audit. Though existing coal plants are dramatically less expensive than any form of new electricity generation, Duke is planning to shutter its 14 coal plants — even as 1,600 others are being built around the world. China, alone, is adding coal capacity worth the entire US coal fleet. What benefit is Duke producing to anyone or anything by shuttering its coal plants? Is any claimed benefit real or is it greenwashing? Shareholders want to know!
Continue reading BURN MORE COAL files first shareholder proposal
Duke Energy brings expensive gas plant online… so it can shutter two inexpensive coal plants
The levelized cost of electricity from existing coal plants is about $39.90/MWh. The levelized cost for a new combined cycle gas plant is $55.5o/MWh. Duke Energy defames coal so its customers can pay more for electricity while getting no benefits in return. With gas demand increasing, these costs are only going up over the long-term. It’s some expensive virtue-signaling from Duke management.
