Skip to comments.Duke (Power/Energy) CEO Rogers rides political, corporate intrigue into DNC
Posted on 09/04/2012 4:40:04 PM PDT by Libloather
Duke CEO Rogers rides political, corporate intrigue into DNC
By Bruce Henderson
The Charlotte Observer
Posted: Tuesday, Sep. 04, 2012
Craig Holman of watchdog group Public Citizen was more blunt about Rogers and his companys involvement: It is highly, highly improper, he said, in light of the scope of government business on the utilitys plate. The conventions are not supposed to be financed by Duke Energy.
In addition to the state investigations into the Duke-Progress merger, the Federal Energy Regulatory Commission still has the merger open on its docket. Before the merger, Progress had asked the Nuclear Regulatory Commission to extend the license for a crippled nuclear plant in Florida that expires in 2016.
In 2009, Duke and Progress each received $200 million in federal stimulus money to invest in a smart energy grid. A major addition to Dukes Cliffside power plant west of Charlotte got a $125 million advanced coal tax credit from the Department of Energy. A second plant under construction in Indiana, Edwardsport, got $133.5 million in federal tax credits and $460 million in federal, state and local tax incentives.
(Excerpt) Read more at charlotteobserver.com ...
Rogers is a big Obama contributor...a man who can’t be trusted.
I own Duke Energy stock. Should I sell or buy more?
Bump, this should be interesting, but I will say that Rogers didn’t orchestrate a coup within Duke for nothing. We just don’t know why he did, just yet.
A decent portion is from nuclear generation in NC.
Don't know about that.
Long outdoor bike rides are often hazardous to the health of Charlotte residents, thanks in large part to air pollution from four coal-fired power plants that ring the city.
“But with the convention scheduled to kick off on Monday, the negative publicity surrounding the radical Islamist speaking and organizing “Jumah at the DNC” became too much for the Host Committee to tolerate...”
“The Host Committee is described on its website as “a non-profit, non-partisan organization established by the city of Charlotte to fulfill obligations of the master contract with the Democratic National Convention Committee.” It is run by three Democratic Party stalwarts and a politically ambitious CEO based in Charlotte.
North Carolina Governor Beverly Perdue and North Carolina Senator Kay Hagan serve as honorary co-chairs, and Charlotte Mayor Anthony Foxx and Duke Energy CEO Jim Rogers serve as co-chairs. Rogers has contributed to Senate candidates of both parties, but most recently donated $30,000 to the Democratic National Committee in 2010, according to Federal Election Commission records. “
4000 MW of nukes within 30 miles or so of CLT. Plus some great coal plants. And there is nothing wrong with that.