Duke Removes Climate Language as It Builds More Gas Plants (1)

Feb. 13, 2025, 10:12 PM UTC

Duke Energy Corp., one of the biggest US power providers, removed a mention of climate targets in its latest earnings release as the company builds more natural gas plants and reconsiders its coal plans.

Duke said in its third-quarter earnings release last year that it was “executing an ambitious clean energy transition” and noted its goals to emit net zero methane by 2030 and net zero carbon by 2050. The company’s fourth-quarter release on Thursday said it was “executing an ambitious energy transition,” dropping the world “clean” and leaving out the emissions goals.

“The strategy hasn’t changed,” Duke Chief ...

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