Duke Energy, which produces electricity primarily by burning coal, has proposed a tax on carbon.
"As a major coal-burning utility, some might expect us to duck this issue," said James Rogers, president and chief executive. "But avoiding the debate over global climate change and failing to understand its consequences are not options for us."
Interesting choice of words: some might call this a dig at the current administration.
Paul Anderson, chairman of the firm, added at a lunch for businesspeople in Charlotte that he didn’t expect any such reforms to be passed under the Bush administration.