Duke Energy’s empire grows with natural gas

The pivot toward gas is especially pronounced in the eastern U.S., with Duke at the forefront of a historic fuel switch.

Duke Energy’s purchase of Piedmont Natural Gas was finalized this week after North Carolina utility regulators signed off on the deal. The acquisition is only the latest development in a regionwide push to expand natural gas investments and infrastructure that foreshadows an energy future experts are urging us to avoid.

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Responding to “Appalachia’s Distress”

Over the weekend, a letter by our Executive Director Tom Cormons to the editors of The New York Times appeared on the newspaper’s website. It was penned in part to stress the importance of the Stream Protection Rule and to urge federal regulators to stand firm in the face of industry opposition, and finalize it.

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Owning the Mountains: Appalachia’s history of corporate control

By Elizabeth E. Payne Throughout the history of the United States, Appalachia has attracted the attention of outside investors hoping to profit from the region’s valuable commodities. First timber, then coal and now natural gas are all highly valued. To ensure access to these resources, early investors bought large parcels of land in Appalachia. “By…

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