New Price Tag Is A Stop Sign For Cliffside Project
FOR IMMEDIATE RELEASE
Contact:
Michael Shore, Senior Air Policy Analyst, (828) 582-3141, mshore@environmentaldefense.org
(November 16, 2006 - Raleigh, NC) Duke Energy Carolinas today announced that its proposed coal-fired Cliffside Project will cost $3 billion. Last June Duke Energy said the project would cost $2 billion. The following statement on the $1 billion rise in cost can be attributed to Michael Shore, senior air policy analyst with the North Carolina Office of Environmental Defense.
“The revised $3 billion price tag is a big red stop sign for the Cliffside project. The $1 billion increase is mind boggling. It should send Duke Energy and the utility commission running back to the drawing board to re-think how to meet energy demand in this state.
“The cost of clean, renewable energy keeps on coming down, but the cost of dirty coal keeps on rising. Energy efficiency and local renewable energy sources will enable us to meet demand and keep prices low.”
With more than 3 million members, Environmental Defense Fund creates transformational solutions to the most serious environmental problems. To do so, EDF links science, economics, law, and innovative private-sector partnerships to turn solutions into action. edf.org
Latest press releases
-
New Analysis Finds Indigenous Lands and Protected Areas Are Key in Slowing Deforestation; Without them Brazilian Amazon Forest Loss Would be 35% and Carbon Emissions 45% Higher
October 28, 2025 -
New Poll: Republicans, Democrats and Independents Strongly Oppose Weakening Chemical Safety Law
October 27, 2025 -
Court Rules New York Must Implement State Climate Law and Deliver Swift Action
October 24, 2025 -
EDF Goes to Court to Help Defend California Climate Risk Reporting Laws That Protect People from Financial Damage
October 24, 2025 -
Oregon Water Partnership Applauds Gov. Kotek’s Executive Order to Promote Resilience of Communities and Natural Working Lands and Waters
October 23, 2025 -
Community, Health and Environmental Groups Sue to Stop President Trump’s Unlawful Toxic Air Pollution Exemptions
October 22, 2025