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Is Duke Energy Forcing Its Consumers To Pay For Climate Change? (Guest: Kevin Stocklin)

The Epoch Times investigative reporter discusses how the North Carolina-based energy company could be treating its customers unfairly.

With all these potential solutions to the growing climate change, the real question is, “Who’s paying the bill?” Well, according to a new report from The Epoch Timesthe customers.

Filed by senior investigative reporter Kevin Stocklin, the report discusses how Duke Energy, a regional electricity provider based in North Carolina, appears to be driving up electric bills to offset the billions of dollars it’s spending on climate change solutions. That means consumers will be left to pay higher fees, instead of the company paying them itself.

Consumers’ Research recently filed a letter to the North Carolina Utilities Commission, discussing its actions. “This is a company that has a government-mandated monopoly in the state of North Carolina, consumers don’t have any option when it comes to who they get their energy from, and yet they’re bragging about all the ways that they are increasing their costs and having to pass that along to the consumer,” Consumers’ Research executive director Will Hild explained in the article.

The report also goes over how Duke Energy wants to increase billing by nearly 20 percent over the next few years, and working on shutting down coal while also creating more EV charging stations.

The company did previous note that it’s working on “an aggressive clean energy transition to achieve its goals of net-zero methane emissions from its natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050.” However, notice how it didn’t mention who would be paying for it.

Joining us now is Kevin Stocklin, the author of the article. His expertise will certainly prove useful in this matter.

Q&A:

  1. Based upon everything you’ve seen in your research, is it really so hard to believe that Duke Energy would gouge customers with higher fees in an effort to pay for its climate change solutions?
  2. Does this come across as illegal in any way? Could Duke Energy potentially face legal charges? Or are they too well protected by government resources?
  3. Per its updated Carbon Plan, Duke Energy believes that it could do away with coal as soon as 2035. Do you see this as a possibility, or does it offer too many benefits to ignore?
  4. So many companies are trying to push for climate change resolutions, but do you believe they’ll be effective, especially with what’s happening in today’s business climate?
  5. You recently produced a new documentary called The Shadow State, which discusses the impact of the ESG market as a whole. Tell us more about it and what it’s done for business over the past few years.
  6. Where can people view The Shadow State? We understand there’s also a DVD available?
    1. The Shadow State is available right now on Epoch TV. Those interested in purchasing the DVD can do so here.
  7. Where can we find your recent article about this subject on The Epoch Times, as well as other works you’ve written?
    1. You can find my profile page here, with all my recently written articles, including a piece on the insurers’ ESG agenda.

About Kevin Stocklin:

Kevin Stocklin is a writer, film producer, and former investment banker. He wrote and produced We All Fall Down: The American Mortgage Crisis, a 2008 documentary on the collapse of the U.S. mortgage finance system.

CONTACT: Jerry McGlothlin at: geraldmcg@outlook.com or 919-437-0001.

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