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Capitalists catching on - NYT "A Green Coal Baron"

 
Posts: 27
Location: Western Suburbs, Illinois
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Did anyone else see this article from last week's New York Times? I thought it interesting and gave me some hope that those with the bucks are coming around to understanding that there is money to made using green technology...

http://www.nytimes.com/2008/06/22/magazine/22Rogers-t.html?_r=1&ref=magazine&oref=slogin

It tells how Jim Rogers, CEO of Duke Energy, has a plan to install solar panels on 500,000 customer homes, maintain them and reduce Duke's energy needs enough that he would be able to close one of his coal-power plants.    Definitely a start in the right direction.

If others start getting ideas like this, solar panels would start coming down in price so more people could afford them.

Would be interested to hear what others here think about this...

 
Posts: 66
Location: Blue Ridge Mountains
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This is a very interesting article, thanks for sharing this.

As a North Carolina native my electricity has always come from Duke, either directly or indirectly, through co-ops. I actually grew up less than 20 miles from one of their largest coal plants and can remember seeing giant plumes of black smoke emerging from those massive stacks. After the acid rain legislation the smoke these stacks emit now is much cleaner often times white or at least light gray.

One of the most interesting things I read in the article is where Jim Rogers spoke of the need to conserve energy. This is something that is lost today, and unheard of advise from an energy executive. I remember after the gas shortage of the 70's there was a big push to conserve. Some cities even went as far to impose fines on those who used excessive energy.

Thanks again Monica for sharing this, it makes me feel a little better about paying my electric bill each month.  I also intend to write duke and let them know they have my support on this.

 
monica jenkins
Posts: 27
Location: Western Suburbs, Illinois
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Good idea! I think I will contact him as well. This is an idea that should be encouraged and I have been blathering on about it for a week to anyone that would listen... guess he needs to know that I really like his idea too!

Anyone else interested in contacting him, here is his contact info:
James E. Rogers
Chairman, President and Chief Executive Officer
c/o
526 South Church St.
Charlotte, NC 28202-1904
(704) 594-6200
 
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