> I'm surprised Duke U had the courage to even publish something like this given any potential implications.
Why? Duke University and Duke Energy are completely separate organizations.
The name overlap is due to one of the founders of Duke Energy, James Buchanan Duke, establishing The Duke Endowment in 1924. At the time, the university was called Trinity College. It's president then, William Preston Few, wanted to rename it to Duke both as thanks for the generosity and to distinguish it from other colleges and universities called Trinity at the time (e.g., Trinity College in Connecticut). James Duke eventually accepted on the condition that it was as a memorial to his father, Washington Duke. Source. Washington Duke's generosity about three decades earlier is what led Duke to move to Durham from Randolph County (alongside Julian Carr).
Now, there are overlapping projects between the two (e.g., power plant on Duke's campus). Duke also purchases electricity from Duke Energy (Source). There may be investments by Duke University and/or the separate Duke Endowment into Duke Energy, but they are not listed directly in the Ownership Profile for Duke Energy.
But ultimately, Duke Energy is a public electric power and natural gas holding company traded on the NYSE, and Duke University is a separate, private research university.
soccernamlak t1_ir47wb9 wrote
Reply to comment by junkfaceshark in North Carolina Lake Sediments Show Decades of Coal Ash Contamination: An analysis of sediments from five North Carolina lakes near coal-burning power plants has found that coal ash pollution of surface waters has been more persistent and widespread than was previously known. by thinkB4WeSpeak
> I'm surprised Duke U had the courage to even publish something like this given any potential implications.
Why? Duke University and Duke Energy are completely separate organizations.
The name overlap is due to one of the founders of Duke Energy, James Buchanan Duke, establishing The Duke Endowment in 1924. At the time, the university was called Trinity College. It's president then, William Preston Few, wanted to rename it to Duke both as thanks for the generosity and to distinguish it from other colleges and universities called Trinity at the time (e.g., Trinity College in Connecticut). James Duke eventually accepted on the condition that it was as a memorial to his father, Washington Duke. Source. Washington Duke's generosity about three decades earlier is what led Duke to move to Durham from Randolph County (alongside Julian Carr).
Now, there are overlapping projects between the two (e.g., power plant on Duke's campus). Duke also purchases electricity from Duke Energy (Source). There may be investments by Duke University and/or the separate Duke Endowment into Duke Energy, but they are not listed directly in the Ownership Profile for Duke Energy.
But ultimately, Duke Energy is a public electric power and natural gas holding company traded on the NYSE, and Duke University is a separate, private research university.