Economy
Duke Energy turned a profit of $660 million for the last three months of 2019, up 42% from a year ago. This comes after Duke Energy’s proposed rate hike request to raise over $123 MILLION on the backs of rate-payers to pay for their toxic coal ash clean up. From WFAE: Duke CEO Lynn Good…
Read MoreFor the next two weeks, the NC Department of Environmental Quality is hosting six coal ash cleanup public meetings across North Carolina. Duke Energy’s closure plans for the ash basins at the remaining six plants in North Carolina will be up for discussion in Person, Wayne, Chatham and Robeson counties. Monday kicked off the first…
Read MoreOn the heels of the impeachment acquittal, Trump visited Charlotte’s Central Piedmont Community College for the North Carolina Opportunity Now Summit. With no surprise, Trump commented on his impeachment trial, claiming it was an “impeachment hoax” and gave special praise to North Carolina Sen. Thom Tillis for choosing party over country, as he voted not…
Read MoreLast Friday marked the first of several public hearings in Alamance County over the potential Duke Energy rate hike request. Numerous residents spoke out against the rate increase — emphasizing the financial hardships that Duke Energy’s rate increase would cause. If Duke has its way, ratepayers’ bills would go up by 6.8 percent — essentially…
Read MoreSo far, the GOP-controlled state legislature has sided with Wall Street shareholders of the Duke Energy power monopoly and utterly failed to protect ratepayers from Duke’s mammoth coal ash clean up costs. CHARLOTTE – As the North Carolina Utilities Commission will tonight hold a hearing at the Mecklenburg Co. Courthouse at 7 pm in Charlotte to…
Read MoreSo far, the GOP-controlled state legislature has sided with Wall Street shareholders of the Duke Energy power monopoly and utterly failed to protect ratepayers from Duke’s mammoth coal ash clean up costs. GRAHAM, NC – As the North Carolina Utilities Commission will tonight hold a hearing at the Alamance Co. Historic Courthouse at 7pm in Graham…
Read MoreDuke Energy is asking the NC Utilities Commission to raise electricity rates on its customers by an average of $8 / month for residents or almost $100 / year to pay for coal ash clean-up. The N.C. The Utilities Commission will hold public hearings in Alamance County on Wednesday and Charlotte on Thursday to take…
Read MoreThe idea that wars are always good for the economy is simply not true. It is likely that the emotional and economic impact of a war with Iran would be a heavy one, not unlike North Carolina’s experience during previous wars in the middle east. Our state simply can not afford another endless war. From…
Read MoreThe health disparity between rural and urban communities across the United States is growing, according to a new report by the Centers for Disease Control and Prevention. In North Carolina, this is made even worse by Republican lawmakers’ refusal to consider expanding Medicaid. About 40 percent of North Carolinians — approximately 4 million people — live in one…
Read MoreInstead of negotiating with Democrats on a budget that works for everyone, Republican leaders decided to adjourn last week and leave Raleigh. Although lawmakers plan to return next week to take up the latest round of court-ordered redistricting, under the adjournment resolution they will not take up budget issues again until January. Before leaving town, Republicans…
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