Monday, March 9, 2009

Duke Power's CEO wants it his way

Posted By on Mon, Mar 9, 2009 at 10:04 AM

Jim Rogers, Duke Power's CEO, is still pouting about not being appointed Energy Secretary.

Jim Rogers has a new opponent in the battle over reducing carbon emissions: Barack Obama.

The Duke Energy Corp. chief executive has quickly become a vocal — and highly visible — critic of the cap-and-trade proposal the president included in the budget he submitted to Congress last week.

Rogers calls Obama’s idea a “cap-and-tax” plan rather than the cap-and-trade approach supported by Duke and others seeking a compromise on environmental issues.

Read the rest of this Charlotte Business Journal article here.

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