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Charlotte welcomed another Fortune 500 company recently as Governor Perdue and Chiquita CEO Fernando Aguirre announced the HQ is leaving Cincinnati for the sunny south. Chiquita is now the eighth Fortune 500 HQ located in Charlotte– such as Bank of America and Duke Energy. Charlotte is becoming home to some of the worst corporate actors in America. Read More

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What is this, 1911?

Based on his testimony yesterday at his company’s rate hike hearing before the state Utilities Commission, that’s roughly the year in which Duke Energy exec Brett Carter wants us to believe his company operates.

As we’ve reported previously in coverage of the proposed Duke-Progress merger, Duke isn’t much interested in using any of its billions in resources and income to help low income consumers it serves.

Yesterday, however, Carter took the company’s unwillingness to do anything meaningful to help lower the bills of poor customers to new and remarkable depths. Read More

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A group of Republican legislators returns to North Carolina this afternoon following their fact-finding trip to Pennsylvania to learn more about the controversial practice known as fracking.

Chesapeake Energy, one of the top drillers of horizontal wells, served as the guide for this trip, as they did last month when Sen. Bob Rucho traveled to the region.

Rep. Pricey Harrison, who did not take part in either industry-led tour, has reservations that her colleagues are only seeing one side of the story, hearing little about the potential for environmental damage or health hazards.

The Guilford County Democrat also worries that when lawmakers reconvene in special session next week, the Republican leadership will push to override the Governor’s veto of  the Energy Jobs Act.  SB709, which Sen. Rucho is a primary sponsor of, could quicken the pace toward fracking as well as the off-shore exploration for natural gas.

Rep. Harrison joins us this weekend on News & Views to discuss the drawbacks of permitting fracking before fully understanding the risks. For a preview of her radio interview with Chris Fitzsimon, click below:

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