Monday 8 February 2016

Duke Energy will request rate hikes for coal ash disposal

Because every step they take is a money-making opportunity:

"But we will do everything we can to keep cost impacts as manageable as possible in any potential cost recovery filing that we might make in the future," Duke Energy spokesman Jeff Brooks said in an email.

The company said excavating and reburying the coal ash in lined landfills could cost as much as $10 billion. That's more than Duke Energy spent to scrap a quarter of its coal-burning power capacity and open 10 new natural gas and coal plants in North Carolina, Florida and Indiana since 2009, the company said.

And now comes the economic coercion: If you force us to do what we should have done in the first place, bury this toxic mess in lined pits, we will make you pay for it yourselves. Besides, we have better things to do with our profits than fix our own mistakes with it:


http://ift.tt/1Q62bPk

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