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ATI’s Chesser: Duke Energy Juggernaut Won’t Stop Shakedown Artists

By Paul Chesser - American Tradition Institute

If it wasn’t already obvious, then a report in Friday’s Raleigh News & Observer about the merger hearings between Duke Energy and Progress Energy into the nation’s largest utility makes it clear: That Duke’s strategy is continued growth into “a political juggernaut.”

That’s what came out of the final day of testimony about the deal before the North Carolina Utilities Commission, which appears to be the final major hurdle for the merger’s approval. The N&O cited “hints” by company executives about “further acquisitions down the road,” in which Duke would wield even more power than they do now.

Read the rest at the National Legal & Policy Center blog.

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ATI In The News

Green-Energy Activists Declare War on Rural Coloradans

By Institute for Energy Research, May 7, 2013

Some lawmakers in Colorado want to increase the cost of electricity for all Coloradans, especially those in rural areas. Awaiting Gov. John Hickenlooper’s signature, SB 252would require rural electric cooperatives to dramatically increase the amount of electricity generated from renewable sources to 25 percent by 2020, up from the current mandate of 10 percent. This portends unambiguously higher electricity ratesfor Coloradans.

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About American Tradition Institute

History and Founding Principles American Tradition Institute (ATI) is a public policy research and educational foundation - a "think tank" - founded in 2009 to help lead the national discussion about environmental issues, including air and water quality and regulation, responsible land use, natural resource management, energy development, property rights, and free-market principles of stewardship. American Tradition Institute utilizes a three-pronged strategy to advance responsible, economically sustainable environmental policy: Research, investigative journalism, and litigation, via our Environmental Law Center. Our combination of expert policy analysis, exposing truth, and redressing wrongs in court advances the cause of liberty, and will...

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