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Tuesday, June 10, 2014

Duke Energy, N.C. agree on Dan River cleanup

Duke Energy signed an agreement Monday with environmental and wildlife officials to clean up the February spill that resulted in 39,000 tons of coal ash dumping into the Dan River, Michael Biesecker reports for The Associated Press. Duke, which signed a similar agreement last month with the Environmental Protection Agency, agrees to pay any "reasonable" cost associated with the spill.

"The agreement places no cap on what the company might be required to spend," Biesecker writes. "Duke said in April that it had spent $15 million on containing the spill and the immediate aftermath. But it reiterated in a regulatory filing to investors on Monday that it is unable to predict future costs for the cleanup, new laws passed in the wake of the spill or any environmental fines that might be levied against the company." (Read more)

Read more here: http://www.charlotteobserver.com/2014/06/09/4965574/nc-va-sign-deal-with-duke-for.html#storylink=cpy

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