There are no coal plants on the drawing board for Duke, which leaves us with gas, renewables, and nuclear.
Sentiment: NEGATIVE
As we look ahead, we see increasing opportunities for Duke in natural gas - not just for producing electricity, but in providing gas for our customers. We have been investing in renewables as well throughout the U.S.
I don't see any new coal.
Coal is cheap, but up to what extent are we going to allow coal plants to operate?
The way we grow is, we make investments. We've been building a natural-gas platform within Duke that started with the pipelines.
Nowhere has the political power of coal been more obvious than in presidential campaigns.
The greatest natural resource our country has is not oil. It's not gas. It's not coal. It's the genius of our children.
We don't want to leave the coal in the ground, and that necessarily is going to involve better technology with regard to clean uses of coal.
Our nation's power plant fleet must include a mix of solar, wind, hydro, natural gas and nuclear plants.
Humanity has nearly suffocated the globe with carbon dioxide, yet nuclear power plants that produce no such emissions are so mired in objections and obstruction that, despite renewed interest on every continent, it is unlikely another will be built in the United States.
The coal mining industry is very destructive and it doesn't have to be.
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