Progress Energy Calls for National Climate Change Policy

Progress Energy today released its report on global climate change, saying that there is enough understanding of the issue to warrant action by the private and public sectors. The company also called for the development of a national climate change policy, which it says should include nuclear power.

"Progress Energy recognizes the importance, scale and complexity of global climate change," said Bob McGehee, chairman and chief executive officer. "Addressing this issue and other environmental challenges will require a balanced solution, including more conservation and efficiency programs, clean coal and nuclear generation, and the development and use of advanced and renewable technologies."

Progress informed the Nuclear Regulatory Commission in August 2005 that it plans to submit a combined construction and operating license for a new nuclear plant. It updated those plans in November 2005 to include a second application - one for the Harris Nuclear Plant site in North Carolina and one for Florida at a site still to be determined. Each application covers up to two reactors at each site.

Click here to read the press release, and here to read the full report.

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