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Press Release

    FreedomWorks North Carolina Launches Campaign Against Duke Energy Corp. and Rent-Seeking CEO Jim Rogers

    03/16/2011

    WHAT: Members of the North Carolina chapter of FreedomWorks will be taking to the streets once again, signs in hand, in protest of the Duke Energy Corporation CEO Jim Rogers and his latest efforts to advance an agenda of aggressive federal energy regulation. Rogers recently promised the Democratic National Convention a $10 million line of credit as “security in the event of a cash shortfall,” to ensure that the major fundraising convention takes place.

    WHERE: Duke Power Headquarters, 526 South Church Street, Charlotte, NC 28202.

    WHEN: Thursday March 17th, from 11:30am- 1:30pm.

    WHY: FreedomWorks believes there is a clear conflict of interest in the Duke Energy Corporation’s consumer-funded “credit line.” CEO Jim Rogers and the Duke Energy Corporation are active members of the U.S. Climate Action Partnership, an alliance of big businesses formed to petition the federal government to enact legislation restricting greenhouse gas emissions. Rogers’ corporation is also one of the world’s largest cap-and trade lobbying groups, an interest directly affected by the success of Democratic candidates in 2012.

    In addition, restrictions on carbon emission would significantly increase the value of the Duke Energy Corp.’s existing nuclear, wind, and coal-powered energy plants, which are already subsidized heavily by U.S. taxpayers.

    “Let’s not kid ourselves about the intentions behind this $10 million ‘credit line’ to the DNC,” commented Matt Kibbe, President of FreedomWorks. “This money is the equivalent of a direct donation, funded involuntarily by energy consumers, to the Democratic Party for the advancement of cap-and-trade legislation.”

    Thursday’s FreedomWorks protest will be the first step in a larger campaign to expose the corruption of the Duke Energy Corporation, and ultimately to fire CEO Jim Rogers for his unethical use of consumer money. The campaign will engage FreedomWorks’ network of 22,943 grassroots volunteer activists across the state of North Carolina.