Duke Energy CEO: coal not going away despite 'carbon issue'

Quotes

1. “ A vision of a low-carbon world is a hallucination without technology. ”

2. “ I think the technology can do it. We just need to spend the money. ”

3. “ If you have a consumer revolt, one, it will never get passed and secondly, even it does, it gets repealed, so its very important for us to get that right... (Policy) has got to be affordable, it's got to be a transition, it has got to make sense, and we need a political consensus to go forward. We can't afford to get started and stop. And we can't delay. We need to get started even faster. ”

Entities Mentioned

• Duke Energy
• MIT Energy Conference

1. Rogers heads a company that generates 90 percent of its electricity from burning coal or nuclear power to serve its four million customers. ... (Read Full Article)
   
   

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