Read here. (h/t Tom Nelson) Enron alumni Jim Rogers is another "green" cap and trade lover who seems committed to destroying local environments for the sake of making a profit. If companies like Duke, and wealthy investors like Gore and Soros have their way, the world will be a barren wasteland because of the deranged profit incentive of anti-CO2 policies.
"Last year Duke sought permission from the North Carolina Utilities Commission to classify two of its coal-fired power plants as renewable facilities, because the company wants to burn a combination of wood chips and coal at the plants. NCUC determined the renewables statute allowed that “wood derived from whole trees in primary harvest is a ‘biomass resource’ and thus a ‘renewable energy resource,’” and therefore approved Duke’s application. Environmental Defense Fund and the NC Sustainable Energy Association – with Southern Environmental Law Center providing legal help – challenged the ruling, and the Court of Appeals sided with NCUC and Duke"