The Duke Energy bailout

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The facts behind our video

00:09 The plant will start emitting toxins in 2012.

00:30 Also, Edwardsport is much larger and will run more often.

Annual Emissions From Duke Edwardsport Air Permit

Carbon Dioxide

4 million tons

Carbon Monoxide

1,100 tons

Nitrogen Oxides

1,600 tons

Particulates

1,200 tons

Sulfur Dioxide

432 tons

Lead

.085 tons

Mercury

.006 tons

00:31 Wind power will emit little to none.

00:46 Duke has invested exactly $0 of their own money into CCS.

00:50 Taxpayers and ratepayers pay for it. Not Duke Energy. The Waxman legislation has a provision to place a surcharge on electric bills to pay for CCS research. The Indiana public utility commission approved $17 million of ratepayer dollars for Duke to begin researching CCS at the site.

01:14 8% better than regular coal, oh, that's not so good.In 2007 the average coal-fired power plant efficiency was 32%.

01:18 Also, Edwardsport is much larger and will run more often.

01:28 Old plant = 160MW. New plant = 630MW.

1:36 Difference = More pollution, not less.

02:06 Ratepayers and taxpayers (YOU) pay for it. Not Duke Energy. Duke is a regulated utility and is recovering the financing costs through CWIP and has a state tax incentive as well. Duke will eventually recover all capital, operating and maintenance, fuel costs for the plant once it is built by virtue of being a regulated utility.

02:09 Cost of Edwardsport = $2.35 Billion

The policies outlined in the Citizens' Clean Energy Economy Investment Act's foundation are based on solid, scientific, and economic research produced by experts from around the world and consolidated by Synapse. The CSI/CLEAN surveys demonstrate that, when people are educated about the true nature of our energy policies, they are prepared to support this Act.