Duke Energy to sell carbon offsets


Substation Relay Protection Training

Our customized live online or in‑person group training can be delivered to your staff at your location.

  • Live Online
  • 12 hours Instructor-led
  • Group Training Available
Regular Price:
$699
Coupon Price:
$599
Reserve Your Seat Today
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

Ontario Government Consults On Changes To Industrial Electricity Pricing And Programs

Ontario electricity pricing consultations will gather business input on OEB rate design, Industrial Conservation Initiative,…
View more

Three New Solar Electricity Facilities in Alberta Contracted At Lower Cost than Natural Gas

Alberta Solar Energy Contracts secure low-cost photovoltaic PPAs for government operations, delivering renewable electricity at…
View more

Ontario's electricity 'recovery rate' could lead to higher hydro bills

Ontario Hydro Flat Rate sets a single electricity rate at 12.8 cents per kWh, replacing…
View more

EIA expects solar and wind to be larger sources of U.S. electricity generation this summer

US Summer Electricity Outlook 2022 projects rising renewable energy generation as utility-scale solar and wind…
View more

Strong Winds Knock Out Power Across Miami Valley

Miami Valley Windstorm Power Outages disrupted thousands as 60 mph gusts toppled trees, downed power…
View more

CALIFORNIA: Why your electricity prices are soaring

California Electricity Prices are surging across PG&E, SCE, and SDG&E territories, driven by fixed grid…
View more

Sign Up for Electricity Forum’s Newsletter

Stay informed with our FREE Newsletter — get the latest news, breakthrough technologies, and expert insights, delivered straight to your inbox.

Electricity Today T&D Magazine Subscribe for FREE

Stay informed with the latest T&D policies and technologies.
  • Timely insights from industry experts
  • Practical solutions T&D engineers
  • Free access to every issue

Live Online & In-person Group Training

Advantages To Instructor-Led Training – Instructor-Led Course, Customized Training, Multiple Locations, Economical, CEU Credits, Course Discounts.

Request For Quotation

Whether you would prefer Live Online or In-Person instruction, our electrical training courses can be tailored to meet your company's specific requirements and delivered to your employees in one location or at various locations.