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Prime Minister Justin Trudeau is rejecting calls for a more combative response to U.S. protectionism, hoping a conciliatory approach will mend relations da.
CFO says the plan can still make economic sense.
(Bloomberg) Duke Energy Corp. is considering building as many as 15 new natural gas units even as the company commits to eliminating carbon emissions by 2050.
In order to still meet its climate target, the nation’s largest utility says it would retire the plants early after 25 years rather than the usual 40.
“We’ve done analysis that says, ‘Let’s shorten the life of these gas assets,’” Chief Financial Officer Steve Young said in an interview before the company released its quarterly earnings Thursday. “It can still make economic sense.”
Duke, which says adding gas plants could help retire its coal fleet and provide electricity as it transitions to renewables, has proposed six different plans for cleaning up its power mix. All but one includes new gas plants. Still, Duke expects to be able to cut emissions by 56-71% by 2030, depending on which path is approved by state regulators. Not building any new gas p
The U.S. Department of Energy (DOE) has announced several additional Biden-Harris administration appointees.
The new DOE members are said to be joining the team to deliver on President Biden’s climate priorities and create a clean energy future for the American people. A list of the new appointees can be seen below.
Jeremiah Baumann, Deputy Chief of Staff
Luke Branscum, Special Assistant, Office of Congressional and Intergovernmental Affairs
Emily Doran, Special Assistant, Office of Fossil Energy
Lavianna Felder, Special Assistant, Office of Energy Jobs
Miles Fernandez, Director, Office of the Executive Secretariat
Julius Goldberg-Lewis, Deputy White House Liaison
Robert Golden, Special Advisor to the Chief of Staff