235 articles for

September 2008

NORDSON CORP: Has $1.15M Obligations at 2Q08 for Wis. Landfill

Nordson Corporation, at July 31, 2008, had a remaining obligation of US$1,150,000 for the cost of remediation efforts (site and clean drinking water) and ongoing operation, maintenance and monitoring (OMM) on a landfill in New Richmond, Wis.

The remaining obligation…

JC PENNEY: Sees Up to $49Mil Potential Environmental Liabilities

J. C. Penney Company, Inc., as of Aug. 2, 2008, estimated its total potential environmental liabilities to range from US$38 million to US$49 million, and recorded management’s best estimate of US$43 million in other liabilities in its Consolidated Balance Sheet…

DUKE ENERGY IND: Accrues $14M for Environmental Activities at 2Q

Duke Energy Indiana, Inc., as of June 30, 2008, had total accruals of about US$14 million for extended environmental-related activities, compared with US$10 million as of Dec. 31, 2007.

These accruals represent the Company’s provisions for costs associated with remediation activities…

DUKE ENERGY OHIO: Zimmer Station Faces Clean Air Act Disputes

Duke Energy Ohio, Inc. is engaged in disputes with the U.S. Environmental Protection Agency regarding a Clean Air Act notice of violation for the Company’s Zimmer Generating Station in Ohio.

On March 10, 2008, the EPA issued the Notice of Violation/Finding…

DUKE ENERGY CAROLINAS: Bid to Junk Cliffside Unit 6 Suit Pending

Duke Energy Carolinas, LLC, is awaiting ruling on its motion to dismiss a lawsuit filed by various citizen groups for alleged violations of the Clean Air Act related to the construction of Cliffside Unit 6 at Cliffside Steam Station in…

DUKE ENERGY OHIO: Accrues $8M at 2Q08 for Environmental Matters

Duke Energy Ohio, Inc., as of both June 30, 2008 and Dec. 31, 2007, had accrued about US$8 million related to extended environmental-related activities.

These accruals represent the Company’s provisions for costs associated with remediation activities at some of its current…

DUKE ENERGY: Awaits Ruling on Bid to Junk Global Warming Suit

Duke Energy Corporation is awaiting the ruling on a motion to dismiss a lawsuit, asserting global warming caused by greenhouse gas emissions, filed on Feb. 26, 2008 in the U.S. District Court for the Northern District of California by the…

DUKE ENERGY CAROLINAS: Records $15M Accrual for Cleanup Matters

Duke Energy Carolinas, LLC, as of June 30, 2008, recorded total accruals of about US$15 million for extended environmental-related activities in the Company’s consolidated balance sheets, compared with US$9 million as of Dec. 31. 2007.

The accruals represent the Company’s provisions…

DUKE ENERGY: Disputes on Global Warming Suit in N.Y. Continue

Duke Energy Corporation’s wholly owned subsidiary, Cinergy Corp., continues to be named as a defendant in a public nuisance lawsuit for alleged contribution to global warming.

In July 2004, the states of Connecticut, New York, California, Iowa, New Jersey, Rhode Island,…

DUKE ENERGY IND: Study at 23 Manufactured Gas Sites Underway

Duke Energy Indiana, Inc. disclosed in its Quarterly Report for the period ended June 30, 2008, that 23 of its manufactured gas plant sites are still being studied for environmental matters and will be remediated, if necessary.

Coal tar residues, related…

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