progress energy
July 27, 2012 -
Duke Energy is facing a credit downgrade, shareholder lawsuits, multiple investigations, and a legal move to reopen the regulatory proceedings that allowed it to take over Progress Energy in the first place.
July 23, 2012 -
The $2 billion to be poured into nuclear fleet upgrades turns the Duke-Progress merger into a public soaking instead of a public saving -- which violates the deal's key legal standard.
July 12, 2012 -
The Democratic Party tied its upcoming convention's fortunes to Duke Energy CEO Jim Rogers, now embroiled in a scandal over an abrupt CEO switch following the company's merger with Progress Energy. What will the controversy mean for the party in the upcoming election?
July 3, 2012 -
Environmental and press watchdogs say Duke Energy is violating public records laws by keeping secret the special rate deals it negotiated with 17 major customers to win their support for the merger, which got final regulatory approval yesterday. In addition, regulators are questioning a surprise change in leadership at the newly merged company.
July 2, 2012 -
An analysis of Chinese names on a petition urging the Obama administration to oppose strict regulations for toxic coal ash reveals hundreds of bogus monikers including "Big Steamed Bun" and "Come to China Donkey." Who's behind the petition, and what big energy interests are they fronting for?
June 15, 2012 -
The deal to combine the two North Carolina-based utility giants has won conditional approval from federal regulators, but could it fall apart over worries about Progress Energy's Crystal River nuclear debacle in Florida and other expensive problems?
May 31, 2012 -
Big industrial polluters have been investing millions in lobbying and campaign contributions while seeking to weaken North Carolina standards governing health-damaging pollution.
