Duke Energy CEO Jim Rogers told Bloomberg Television yesterday that when making large, long-term investments his company assumes it is operating in an environment where carbon is priced — watch video below the fold.
Rogers said:
Every decision I make today, I make it with the assumption that there has been carbon legislation in the U.S. and that there is a worldwide treaty.
Rogers does not expect President Obama to sign a climate change and energy bill this year but he is confident that there will be a bill on the President’s desk next year, after the midterm elections.
Duke’s renewable energy unit, Duke Energy Generation Services, currently generates 733 megawatts of wind power. Earlier this year it entered the solar business with its acquisition of the 14-megawatt Blue Wing Solar project, located near near San Antonio, Texas.
Watch: