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coal power

Public gets last chance to weigh in on Duke-Progress merger

September 19, 2011 - The N.C. Utilities Commission will hold a public hearing on Tuesday, Sept. 20 about the proposed merger of Progress Energy and Duke Energy to form the nation's largest electric utility, which would operate under the Duke Energy name. The hearing represents the public's last chance to weigh in on the plan. If the merger is approved, the company would become the largest U.S. utility, worth over $35 billion and with more than 7 million customers in the Carolinas, Florida, Indiana, Kentucky and Ohio.

N.Y. subpoenas energy companies over coal's financial risks

September 17, 2007 - New York Attorney General Andrew Cuomo last week sent subpoenas to five large energy companies -- including three based in the South -- to find out whether their plans to build new coal-fired power plants present undisclosed risks their shareholders should know about.