Duke Energy Quits American Coalition for Clean Coal Energy

Logo_duke 09-04-09 Duke Energy quit the American Coalition for Clean Coal Energy over differences with other member companies who do not support energy and climate legislation.

Duke Energy is a founding member of the U.S. Climate Action Partnership. The Partnership states “…the climate change challenge will create more economic opportunities than risks for the U.S. economy,” and includes such icons as Alcoa, BP America, Caterpillar, DuPont and General Electric.

The companies of U.S. CAP believe that swift action on energy and climate legislation “would encourage innovation, enhance America’s energy security, foster economic growth, improve our balance of trade and provide critically needed U.S. leadership on this vital global challenge.”

This is in line with what a majority of likely voters also believe. I wonder what the shareholders of the organizations of American Coalition for Clean Coal Energy think about the CEOs of these companies leading them down the path of the old, dirty economy? CEOs like Duke Energy’s Jim Rogers understand the opportunities of the clean energy economy and are positioning their companies to the best strategic advantage.  Their shareholders will thank them.

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Published: September 4, 2009