The President is pursuing renewables, argues Duke Energy’s CEO

Sep 6, 2012 19:41 GMT  ·  By

In one of his most recent interviews, Jim Rogers, presently working as the CEO of Duke Energy, explained that, as far as he is concerned, US' current President, Barack Obama, is right in pushing for the joint use of both more traditional sources and renewables in the energy industry.

As we previously reported, the Mitt Romney vs. Barack Obama clash presently happening on US territory has very much to do with the future energy policies of this country.

Thus, whereas the former firmly believes that renewables are not a viable option, at least from a financial standpoint, the latter wishes that the US pushes towards using them on ever larger scales.

“My view is that we built power plants for 40 years and we need clarity in terms of the road forward. I believe eventually there will be regulation of carbon in this country. I think it’s critical in the long term to have the smallest emissions footprint possible when you generate electricity,” argued Jim Rogers in order to show his support for the President's plans concerning the future of energy in the US.

He further added that, “And so, to me, addressing the issue sooner so we can phase our way into it is going to minimize the cost impact on consumers and that's really the most important thing to do.”

As US Green Technology reports, the Duke Energy company is well known for engaging in several projects intended to promote both energy efficiency and energy diversity. More precisely, it was some of the first companies to look into the possibility of using either sun or wind power to generate electricity.

Moreover, it recently got involved in campaigns meant to make sure that the US has the appropriate infrastructure to support the use of EVs by its citizens.

Besides Jim Rogers, other people presently supporting Barack Obama's energy policies are Al Gore and Bill Clinton.