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Environmental Footprint

Advancing the Dialogue on Climate Change

As one of the nation’s largest emitters of carbon dioxide (CO2), we recognize our special responsibility to be part of the solution to global climate change. We believe climate legislation is imminent and will have far-reaching effects on our economy.

We take a very active role in the global dialogue on how to aggressively, but responsibly, combat climate change. For instance, we support an economywide greenhouse gas cap-and-trade system that covers all emissions from fossil fuels. At the same time, we want to protect customers from the electricity “rate shock” that could occur in certain regions without a fair national cap-and-trade system.

We believe that new nuclear power plants are needed to decarbonize America’s electric supply. We also believe the federal government should help bring new clean-coal technologies – particularly carbon capture and storage – to market as quickly as possible.

Renewable resources like wind and solar energy will also play a greater role in our nation’s electricity mix. However, we must upgrade the country’s transmission grid to bring renewable power from remote areas to highly populated regions.

We encourage federal and state commitments to energy efficiency and believe energy efficiency programs must include appropriate incentives for both consumers and providers.

Duke Energy’s Chairman, President and Chief Executive Officer Jim Rogers is a leading advocate for responsible climate change legislation. Appearing before the Congressional Committee on Energy and Commerce in January 2009 to present the U.S. Climate Action Partnership’s “Blueprint for Legislative Action,” Rogers said: “Our economy has been increasingly dependent on carbon-based fuels for more than 100 years. We will not be able to substantially decarbonize quickly or easily – but the sooner we pass legislation that equally balances the interests of our environment, economy and consumers, the better off we all will be.”