Progress Energy, Inc. continues to await the U.S. Court of Appeals for the District of Columbia Circuit’s decision on a petition filed by the North Carolina Attorney General on June 26, 2006, related to Clean Air Act implementation in 13…
Progress Energy, Inc.’s subsidiary, Progress Energy Florida Inc. (PEF), is still reviewing its distribution transformer sites and substation sites in Florida for mineral oil-impacted soil remediation caused by equipment integrity issues. PEF currently expects to have completed this review by…
Progress Energy, Inc., at June 30, 2008, recorded US$63 million in total accruals for environmental remediation, compared with US$64 million at Dec. 31, 2007.
Of the US$63 million accrued at June 30, 2008, US$18 million relates to subsidiary Progress Energy…
The U.S. Court of Appeals for the District of Columbia (D.C. Court of Appeals), on July 11, 2008, has vacated the Environmental Protection Agency’s implementation of the Clean Air Interstate Rule in its entirety, Progress Energy, Inc. reports in its…