|Bid||95.50 x 900|
|Ask||95.54 x 800|
|Day's Range||95.08 - 95.69|
|52 Week Range||78.00 - 95.70|
|Beta (3Y Monthly)||0.12|
|PE Ratio (TTM)||21.16|
|Earnings Date||Oct 31, 2019 - Nov 4, 2019|
|Forward Dividend & Yield||3.78 (3.97%)|
|1y Target Est||94.93|
(Bloomberg) -- Climate Week is underway. That means some the globe’s most powerful corporate leaders are making pledges to be greener as heads of state gather in New York to discuss ways to stop the planet from warming.The main event is at United Nations headquarters in Manhattan, where German Chancellor Angela Merkel, Indian Prime Minister Narendra Modi and dozens of others are taking to the dais. U.S. President Donald Trump made a brief, unexpected visit but didn’t address the gathering. On the other side of town, Climate Week’s opening ceremony features California Governor Gavin Newsom, Danish Prime Minister Mette Frederiksen and others. More than 150 other events will follow over the next five days.Read More: World Leaders Gather in New York as Global Climate Protests GrowProtests Snarl Streets in Washington D.C. (1:56 p.m.) Protesters shut down major streets in the nation’s capital, including blocks from the White House. It forced officials to reroute buses. Commuters, accustomed to demonstrations in the nation’s capital, largely shrugged off the demonstrations and walked their final blocks to work.A handful of protesters shackled themselves to a pink-and-yellow sailboat with the phrases “Tell the Truth” and “Rebel for Life" painted on the side. The small craft, atop a trailer, blocked the intersection of 16th and K streets. Nearby demonstrators chanted, “If we want to stay around, keep the carbon in the ground.” Police eventually used power tools to unshackle the protesters from the boat.China’s Envoy Takes Swipe at Trump But Not By Name (1:31 p.m.)China’s Foreign Minister Wang Yi took a swipe at U.S. President Donald Trump during a United Nations summit on Monday, saying the world will continue to fight global warming without him.While Wang didn’t call out Trump or the U.S. directly, he said the “withdrawal of certain parties” from the global Paris climate agreement “will not shake the collective will of the international community, nor will it reverse the historical trend of international cooperation.” Trump has vowed to pull the U.S. out of the Paris accord and dismantle Obama-era rules to slash greenhouse-gas emissions from power plants.Germany Vows to Double Global Climate Spending (12:50 p.m.)Germany will double its commitment to climate protection worldwide to 4 billion euros ($4.4 billion) compared with 2014 levels, Merkel said at the UN.“This is a global challenge that can only be tackled together,” she said. Germany will contribute 1.5 billion euros to the Green Climate Fund to help developing nations cope with effects of climate changeTrump Unexpectedly Shows Up at UN (12:10 p.m.)President Donald Trump made a surprise appearance at a climate-change summit at the United Nations General Assembly on Monday. He didn’t address the assembly and left after a few minutes.Trump faced criticism from Democrats and climate activists for scheduling an appearance at a religious freedom event scheduled for the same time as the climate summit. The president in the past has questioned man-made climate change, at one point calling it a Chinese hoax.Children File Complaint Vs. Five Nations at UN (11:30 a.m.)Swedish activist Greta Thunberg and 15 other children and teenagers filed a legal complaint with the United Nations, accusing France, Germany, Brazil, Argentina and Turkey of not doing enough to combat climate change.The complaint will go to the UN Committee on the Rights of the Child, which does not have power to make legally binding decisions. The children, who range from 8 to 17, say the five nations have known about the risks of climate change for decades but aren’t curbing emissions and continue to promote fossil fuels.Even Oil Majors Are Making Climate-Week Pledges (10:30 a.m.)The pledges from companies to cut carbon continue to roll in. Amazon.com Inc. announced it will order 100,000 electric delivery vehicles as part of a plan to go carbon-neutral by 2040. AT&T Inc. announced deals with Invenergy LLC and Duke Energy Corp. to buy more wind and solar energy. And Schneider Electric SE, the global supplier of electrical equipment, is moving up its goal to become carbon neutral by 2025, five years ahead of schedule.Even fossil fuel companies are getting in on the act. A coalition of 13 oil and gas companies including BP Plc, Chevron Corp. and Exxon Mobil Corp. announced an initiative to“unlock large-scale investment” in technology that would capture and trap global-warming causing gases in support of the Paris Agreement.Heads of State Call for Action, Newsom Blasts Trump (9:30 a.m.)At the opening ceremony of Climate Week in New York, heads of state and local government leaders are calling for immediate action. The loudest applause so far went to California Governor Gavin Newsom, who lashed out at U.S. President Donald Trump for rolling back environmental regulations and promoting use of fossil fuels that cause climate change.“I don’t know what the hell happened to our country that we have the president that we have in this issue,” Newsom said. “I’m absolutely humiliated.”Pension Fund Pledge to Make Portfolios Carbon-Free (9:00 a.m.)A coalition of pension funds including Allianz SE and Swiss RE AG have pledged to make their investment portfolios climate neutral by 2050. Combined, the companies have more than $2.4 trillion in investments, the group said in a statement.“Mitigating climate change is the challenge of our lifetime,” Oliver Bate, Allianz’s chief executive officer, said in a statement. “Politics, business and societies across the globe need to act as one to rapidly reduce climate emissions.”\--With assistance from David R. Baker, Susan Decker, David Wainer, Patrick Donahue, Jordan Fabian and Josh Wingrove.To contact the reporters on this story: Nic Querolo in New York at firstname.lastname@example.org;Christopher Martin in New York at email@example.com;Will Wade in New York at firstname.lastname@example.orgTo contact the editors responsible for this story: Lynn Doan at email@example.com, Joe Ryan, Simon CaseyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
From trips to Atlanta, D.C. and even Paris, France, Chris Chung, CEO of the state’s chief recruiting agency, the Economic Development Partnership of North Carolina, had a busy first half of 2019 – meeting with officials and executives from a slew of entities such as The Boeing Company, Martin Marietta Materials and Duke Energy.
CHARLOTTE, N.C., Sept. 20, 2019 /PRNewswire/ -- Duke Energy Renewables, a commercial business unit of Duke Energy (DUK), today announced that AT&T has signed a 15-year, 160-megawatt (MW) virtual power purchase agreement (VPPA) for Frontier Windpower II. Duke Energy Renewables is building the 350-MW Frontier II in Kay County, Okla. Ball Corporation previously announced its commitment to Frontier II with a 15-year VPPA for 161 MW of the project.
Wind turbines in Texas are set to generate 87 terawatt-hours of electricity in 2020, surpassing the roughly 84 terawatt-hours of electricity estimated from coal plants.
Energy industry group E4 Carolinas hosted a roundtable discussion at UNC Charlotte’s Energy Production and Infrastructure Center.
Duke Energy Corp. will seek to relicense all 11 of its reactors at six nuclear plants in the Carolinas, starting with an application to extend the life of the three-unit Oconee Nuclear Station in 2021.
- Nuclear fleet generates half of its Carolinas customers' electricity, carbon-free - Company intends to renew the operating licenses of 11 reactors for an additional 20 years - License application for ...
In order to be a more sustainable company, Sprint (S) signs agreement with Duke Energy Renewables for a new 182 megawatts wind power project in Texas.
The type of agreement involved in this project has become more common in the renewable energy industry as corporate customers have become bigger buyers in the market.
OVERLAND PARK, Kan. and CHARLOTTE, N.C., Sept. 18, 2019 /PRNewswire/ -- Sprint (NYSE:S) and Duke Energy Renewables, a commercial business unit of Duke Energy (DUK), today announced a 12-year virtual power purchase agreement (VPPA) for 173.3 megawatts (MW) of new wind energy.
Duke Energy's (DUK) recent proposal with the Florida Public Service Commission includes plans to strengthen the renewable energy portfolio in the state, keeping solar energy in focus.
Xcel Energy (XEL) is undertaking initiatives to roll out smart technologies to educate customers about electricity usage and help them lower bills.
The 2050 targets in Duke Energy Corp.'s updated plan to address issues surrounding climate change match some of the most aggressive carbon-reduction plans in the industry.
CHARLOTTE, N.C., Sept. 17, 2019 /PRNewswire/ -- Duke Energy (DUK) today announced an updated climate strategy with a new goal of net-zero carbon emissions from electric generation by midcentury. The company also is accelerating its near-term goal by cutting its carbon dioxide emissions by half or more from 2005 levels by 2030. This follows strong progress the company has made in reducing carbon emissions 31% since 2005.
-- Lower fuel costs will help reduce monthly residential bills by $4.69 per 1,000 kWh -- Solar facilities, additional grid enhancements will provide cleaner, more reliable energy for customers ST. PETERSBURG, ...
CHARLOTTE, N.C. , Sept. 16, 2019 /PRNewswire/ -- Building on its long-running record of sustainability leadership, Duke Energy was recently named to the Dow Jones Sustainability Index (DJSI) for North ...
The commercial subsidiary of Duke Energy Corp. now has 1,500 megawatts worth of new solar and wind projects announced this year.
Shares of PG&E are jumping after the power producer reached a settlement to cover the majority of the claims from the 2017 and 2018 wildfires in California. Yahoo Finance's Jared Blikre joins Brian Sozzi on 'The Ticker' to discuss.