Energy Bill Deal Aims To Meet Cooper NC Gas Reduction Goals

Legislative leaders and Democratic Gov. Roy Cooper have announced an agreement on an energy bill that aims to meet Cooper’s goals on greenhouse gas reductions. The measure would remove most of the prescriptive actions that House Republicans laid out in an earlier version of the bill that passed the chamber in July. Friday's deal still would allow Duke Energy to seek multiyear rate increases, instead of year by year. The new bill tells the Utilities Commission to create a roadmap on how to reach goals of reducing carbon dioxide emissions by 70% by 2030 compared to 2005 levels.