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hatrack

(59,583 posts)
Thu Apr 8, 2021, 08:22 AM Apr 2021

After 11 Years Of Greenwashing, Duke Energy's Pathetic "Sustainability" Goals Largely Unchanged

Eleven years ago, as President Obama was beginning to emphasize climate change as a potential legislative priority, utility companies began strategizing to survive the new age. In June 2010, then–Duke Energy CEO Jim Rogers co-authored an op-ed in Politico with Eileen Claussen, a veteran of the Clinton administration and the founder of the Pew Center on Global Climate Change, in which the two agreed that the time for legislators, businesses, and environmentalists to take action had arrived. “If that means capping emissions from the utility sector first—so be it,” they wrote. The pair called for clear federal regulations and policies so that Duke Energy and other companies could rightfully lead on climate change. After all, the corporation was “already scheduled to retire and replace virtually all coal and other large power plants with cleaner and more efficient technologies by 2050.”

Today, in 2021, any reflection on these and other promises made by Duke Energy’s now-former chief executive should elicit alternating fits of laughter and teeth-gnashing. In the time since, the corporation essentially wrote the book on How Not to Manage an Energy Transition with a disastrous coal ash spill, only to turn around and publicly face-plant in its attempt to help construct a natural gas pipeline through Black communities and Indigenous lands. Now, as the Biden administration gears up to push climate legislation, it’s become clear that Duke Energy’s greenwashing strategy remains almost a carbon copy of the same ones Rogers pushed in his column in 2010. What is changing, though, is the world around it.

Every two years, Duke Energy updates its 15-year plan regarding its energy production. The latest update, submitted at the end of last year, proposes to double its renewable energy share to make up 14 percent of the company’s total energy generation, while gas would constitute a 31 percent share, with ambitions to actually build more gas plants in the coming decade. This plan would also include potentially operating some of its coal plants until 2049 and its gas plants well beyond that. In every sense, Duke is a coal and gas operation clinging to what it already controls and staving off renewables until it can single-handedly command that field, too.

EDIT

Duke Energy, it’s important to remember, weathered both coal ash spills and the Atlantic Coast Pipeline failure and still retained its iron grip on the North Carolina energy field. This was possible largely because the company spent a century making itself so fundamental to the functionality of the state’s grid that breaking it up would require political willpower and foresight that neither the state nor federal legislatures appear to have at the moment. The corporation recognized that in order to ensure its nuclear and gas and oil operations would remain integral to the Southern power grids for decades to come, all it had to do was stall through the Obama years and pray for at least one term of anti-environmentalist Republican rule—which it did with aplomb. Breaking this company’s hold on multiple states’ politics, and forcing it toward a more realistic plan of coal shutdown and decreased natural gas portfolio, is not going to be easy.

EDIT

https://newrepublic.com/article/161953/duke-energys-green-facade-isnt-fooling-people-anymore

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