Sierra Club and its allies recently testified at hearings for Duke's Edwardsport, Indiana coal plant project. The plant has increased in cost from $1.6 billion to $2.9 billion—and costs continue to rise. The Club’s Hoosier Chapter, Citizens Action Coalition, and others spoke to the riskiness of the plant and ethical issues that have plagued Duke and the Indiana Utility Regulatory Commission.
Duke COO James Turner, the company’s second-highest-paid executive, resigned on December 6 after an ethics issue involving his level of access to the head of the Indiana Utility Regulatory Commission. Also on the heels of this ethics flap involving dealings with state regulators in November, Mike Reed, president of Duke’s Indiana operations, was fired along with Duke staff attorney Scott Storms. Duke CEO Jim Rogers spent three hours on the witness stand defending the cost of the project and the propriety of the regulatory process.
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