Duke Energy's Business Plan and Indiana's Energy Policy Are Indiscernable

[jasonsc1]

quit whining

[wreckless33]

i work for duke energy, this is negative propaganda

[caci2009]

Well, let's see, wreckless. Edwardsport was initially estimated at $1.3 billion. Now it's $2.5 billion and counting. Duke said $2.35 billion would be enough shortly before they filed for yet another increase in cost. And this for a plant we don't even need. The summer reserve margin for electric power in the Midwest is 32.5%, the norm is 15%.

Duke is also busy at the Indiana state legislature eliminating people's rights to protect their property from carbon pipelines and contamination.

[Allante715]

@wreckless33

If course it is. Scaring people is a great way to get your point across. Those mean smoke stacks + music = scary.

[Zeugin]

My Duke Energy bill jumped this winter from around $70 per month to over $100 after the IURC gave them a free hand to gouge rate payers. Now they're asking the IURC to allow another 30% to 40% rate increase? That coal had better be really damn clean, and the air a lot purer.

And where will all those captured pollutants end up?

[caci2009]

Dear Zeugin,

The answer is that the air will not be cleaner and sequestration of carbon cannot possibly work, given the volumes of CO2 and costs involved. A University of Wyoming researcher estimated the costs of carbon capture and sequestration to $1.5 trillion per year. And Duke will want you to pay for every cent of their share of the costs.

Grant

CAC

[Henkera]

boho