I opened my electric bill the other day and was forced to ponder the question: why should I help subsidize money-losing alternative energy programs?
Obama’s Favorite NC Crony
In his speech last night at the Democratic National Convention in Charlotte, President Obama emphasized “the basic bargain at the heart of America’s story: the promise that hard work will pay off; that responsibility will be rewarded; that everyone gets a fair shot, and everyone does their fair share, and everyone plays by the same [...]
Duke Energy Scandal May Bog Down NC Dems
Group notes this: “The scandal surrounding Duke Energy in the wake of the abrupt departure of incoming CEO Bill Johnson shows no signs of going away any time soon — and that could spell trouble for Democrats, who have tied their political fortunes to once-and-again Duke CEO Jim Rogers in advance of the party’s upcoming [...]
The “People’s Convention” no more?
Duke CEO and DNC Convention booster Jim Rogers recently told the Charlotte Observer he expects local banks to help pay for the Convention: Duke Energy’s Jim Rogers has been the corporate face in wooing the Democratic National Convention to Charlotte, but the utility’s CEO said Tuesday the city’s big banks and other companies will play [...]
Another dot to connect in the Duke-Progress merger
In recent days the News & Observer has run two stories (here and here ) about the potential merger of Duke Energy and Progress Energy. If approved the merger would produce a $26 billion electric utility, the largest in the nation. One article reports how North Carolina officials waived state rules to allow the merger [...]
