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coal investing

Duke Energy Pleads Guilty to Coal Ash Pollution Charges

Investing News Network
May. 18, 2015 09:55AM PST
Industrial Metals Investing

Mining.com reported that Duke Energy (NYSE:DUK), the U.S. largest electrical utility, has agreed to pay $102 million in fines and restitution as it has pleaded guilty to nine criminal violations of the Clean Water Act.

Mining.com reported that Duke Energy (NYSE:DUK), the U.S. largest electrical utility, has agreed to pay $102 million in fines and restitution as it has pleaded guilty to nine criminal violations of the Clean Water Act.

As quoted in the market news,

According to a statement from the Environment Protection Agency (EPA), the company, who also agreed to pay $102 million in fines and restitution, is currently appealing a $25.1 million penalty levied by the state Department of Environment and Natural Resources in March over alleged groundwater contamination from coal ash at the company’s Sutton Plant.

Click here for the full Mining.com report

 

 

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