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What Happened When One Company Lowered Its Costs and Improved the Environment? Government Fines.


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what-happened-when-one-company-lowered-its-costs-and-improved-the-environment-government-finesHeritage Foundation:

Here’s how the federal government rewards an energy company for upgrading its power plants to lower costs for families and businesses and improving the environment: slap them with a nearly a million dollar fine, force them to close power plant units and lay off employees and make them millions of dollars in environmental mitigation projects.

 

If that sounds backwards to you, well it is.

 

In a lawsuit that lasted 15 years, Duke Energy and the Environmental Protection agency (EPA) reached a settlement where Duke “will pay a civil penalty of $975,000, shut down a coal-fired power plant and invest $4.4 million on environmental mitigation projects.”

 

The EPA and Department of Justice brought the suit against Duke Energy in 2000 arguing that the company failed to comply with the Clean Air Act when the company modified 13 coal-fired units in North Carolina.Scissors-32x32.png


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