Duke Estimates Coal-Ash Cleanup at $2 Billion to $2.5 Billion
A Duke Energy Corp. executive told a North Carolina environmental commission that plans outlined by the utility to address coal-ash in the state are estimated to cost about $2 billion to $2.5 billion. Duke efforts to address coal ash in the state comes after a metal pipe running underneath a waste-storage pond owned by Duke Energy burst in early February, pouring as much as 39,000 tons of coal ash—the byproduct of burning coal for fuel—into the adjacent Dan River. "Duke Energy is committed to working with policymakers and regulators to implement both short- and long-term solutions to coal ash management in North Carolina," said Paul Newton, Duke’s North Carolina president. He spoke Tuesday before the state’s joint environmental review commission. Mr. Newton said the plans Duke has outlined include excavating and relocating ash from company sites to a "lined structural" or lined landfill, as well as costs to convert […]