Duke Energy to sell carbon offsets
CHARLOTTE, NORTH CAROLINA - Duke Energy Corp. plans to offer customers the chance to buy carbon dioxide offsets - extra money donated to support the green movement and soothe their environmental consciences.
Using electricity, driving a car and breathing, among other activities, contribute to carbon dioxide levels in the atmosphere. The gas is blamed as a cause of global warming, and electricity-producing coal-fired plants are among the biggest culprits.
The practice has developed a high profile as the Hollywood set and companies, such as Ben and Jerry's, purchase offsets to cancel out their own carbon dioxide-producing behavior. People also can make contributions on their own through various nonprofits to offset the carbon they produce from air travel and other activities in their daily lives.
Several nonprofits, such as Sterling Plant, specialize in offsetting carbon emissions for people.
Duke's program would amount to an expansion of the existing NC GreenPower program, which allows N.C. utility customers to contribute through their power bill payments to the development of renewable energy, including wind and solar power.
A 100-kilowatt block sells for $4.
The cost to customers of the new program still has to be worked out, said Duke Energy spokeswoman Paige Sheehan. But the money would go to organizations that plant trees and support specific projects, such as collecting and burning methane produced from decaying garbage in landfills, she said.
Duke would not make a profit but would simply pass the money on to the various organizations, Sheehan said.
Related News
Court quashes government cancellation of wind farm near Cornwall
CORNWALL - Construction of a wind farm in eastern Ontario will move ahead after a court quashed a provincial government decision to cancel the project.
In a ruling released Wednesday, a panel of Ontario Superior Court judges said the province's decision to scrap the Nation Rise Wind Farm in December 2019 did not meet the proper requirements.
At the time, Environment Minister Jeff Yurek revoked the approvals of the project near Cornwall, Ont., citing the risk to three bat species.
That decision came despite a ruling from the province's Environmental Review Tribunal that determined the risk the project posed to the bat population…