Lynn J. Good, the chief executive officer, or CEO, of Duke Energy has already made a name for herself in the Utilities industry. On July 1st, 2013, Good took over as the new CEO of Duke. Quickly enough, Good was forced into scandal. Hereafter, Good had to demonstrate her strategic leadership.
Early 2014, Good faced the negative consequences of romantic leadership. Not even a year after her hiring, Good had to combat both a major scandal and being forced into the limelight for the first time in her career. February of 2014, coal ash began to spill into the Dan river in Eden, North Carolina. This spill directly impacted several towns within Virginia. Around 30,000 tons of ash was deposited into this river. Being the CEO, Good was immediately hit with criticism. Good’s
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In terms of Duke Energy’s vision for the future, Duke has been investing billions in offering cheaper sources of energy for its customers(Tully). Currently, Duke is investing five billion dollars to build a pipeline that would span from Pennsylvania to North Carolina(Tully). Good described the pipeline as “[a] critical step forward” (Downey). The purpose of this pipeline it to transport gas more efficiently. Another substantial goal and vision for Duke and Good is to invest in clean energy for the future (Tully)(Downey).
Duke Energy, being led by Good, has been leading the charge in cutting back from burning coal in order to operate. Duke is doing this by focusing on investing in renewable energy. This practice is accomplished by having multiple wind and solar farms throughout eighteen states(Sweet). By focusing on these farms and renewable energy, Duke has been able to cut down on coal usage to only contribute one-third of their power(Sweet). This is showing a conscious effort by Good and Duke to make ethical decisions for its customers and ultimately the environment
Conversely, we see Jim Taylor, a CEO, with obvious wealth, power and control (Smith, director, 2015). Jim’s position as CEO is understandably extremely stressful, but he is empowered to make decisions and has control and access to a substantial amount of resources. Like Corey, Jim also has high demands, however Jim has high control, which makes all the difference (Smith, director,
the Environmental Protection Agency ordered General Electric Co. to spend $460 million to dredge PCBs it had dumped into the Hudson River in the past, perhaps the Bush administration's boldest environmental action to date. The decision was bitterly opposed by the company, but hailed by national conservation groups and many prominent and prosperous residents of the picturesque Hudson River Valley.
Many companies in the industry wish to see the newest phase of the pipeline completed because many believe that it would be very beneficial to almost everyone. One of the biggest benefits that the construction of a new section of pipeline would provide is the large amount of jobs that it would create. The new section of pipeline spans a large area from Canada to Nebraska. The sheer amount of construction that would need to be completed would create many new jobs.
The energy producing market has always been a staple in Pennsylvania's history. Being rich in coal, natural gas, and other forms of energy, Pennsylvania has produced much of the nation's fuel or electricity. With a location so rich in coal, companies began to open many mines in order to either stay ahead of competitors, improve production, or for easier transportation of the commodity. The large amounts of coal being mined ushered in the many railroad systems bringing another powerful business to Pennsylvania. Coal barons, mine owners, made gross amounts of money off of the hard work from miners. Coal had played such a integral role in the Keystone State that it led to some towns being named after the industry such Carbondale and Minersville. Pennsylvania quickly became associated with coal in America and whenever there was news about the state, coal was mentioned with it. Especially during both World Wars, Pennsylvania was looked to for providing energy used both at home and in the war effort. This supply shock meant mine operations needed to run efficiently and both the Federal government and the presidents during each respective time ensured the productivity would meet the great demand. Coal mining was at an all time high until tragedy struck on 22 January 1959, when the River Slope mine's roof collapsed because of the Susquehanna River causing flooding to the mine killing many workers. The disaster marked the beginning of the end to deep mining in Pennsylvania. To this day however, Pennsylvania remains strongly associated with the harvesting of many energy sources.
Electricity production accounts for more than one-third of U.S. global warming emissions, with the majority generated by coal-fired power plants... In contrast, most renewable energy sources produce little to no global warming emissions (“Benefits of Renewable Energy Use”). Coal mining and lumber harvesting would also be reduced by the switch, which in turn would improve the forest and ecosystem surrounding these power plants. Animals will also benefit from the change to clean energy. It is often reported that animals are constantly displaced and injured by the different forms of energy we are using currently. Andrew B. Gill preformed a study and wrote a journal article on the conservation of wildlife and their habitats; the results of his study were conclusive that something needs to be done to change the current state of our energy
On January 9th, 2014, it was reported that a chemical spill had occurred in a storage tank owned by Freedom Industries. The spill occurred on the banks of the Elk River in West Virginia, leaving hundreds of thousands of people without tap water. The company first reported that 7500 gallons of the chemicals had spilled into the river through a one-inch hole but found that two weeks later, there was an estimated 10,000 gallons of the toxic chemical in the river. The chemicals released include 4-methylcyclohexane (MCHM) and PPH. Methylcyclohexane is a chemical that is used in coal to reduce the amount of ash it produces (Field & Catherine, 2014).
the CEO at Home Depot, Robert Nardelli’s tenure was marked with heavy-handedness and inflexibility. Robert Nardelli’s leadership styles was autocratic. He utilized a command, control and conquer approach. He dictated policies and procedures, decided what goals were to be achieved, and directed and controlled all activities without any meaningful participation by the subordinates. He was in full control of the team, leaving low autonomy within the group. Before Nardelli came onboard, the managers of Home Depot had enjoyed independence under the laid-back entrepreneurship leadership style of Bernie Marcus. Almost immediately after Home Depot got Nardelli, he embarked on an aggressive plan to centralize control. He neglected the build relationships, inspired and aligned purpose, and create open communication with his team. He also disregarded the care of his shareholders. He was obsesses with goals, objectivity, and accomplishments within the boundaries of the values of the company. He
The sun has been a major aspect of life since the beginning of time. People used many other forms of energy before electricity was discovered. There has been a debate over energy resources for years. Many people are worried about what current energy resources may be doing to the environment. Oil spills and nuclear power plant mishaps have only been a few accidents that have had a big impact on the environment and the people who inhabit it. There are plenty of energy sources that do not harm the environment and are still able to get the job done. Solar energy is one energy alternative that will insure the betterment of the country and, at the same time, protect the natural environment.
Arnold & Porter chose to sue Pittston rather than the Buffalo Mining Company because the value of the corporation allowed for adequate compensation to the victims. Author and head lawyer for the plaintiffs, Gerald M. Stern, writes that the original goal was sue to sue for $21 million for the disaster to have a material effect on the cooperation (51). To avoid responsibility Pittston attempted to prove that the Buffalo Mining Company was an independent corporation with its own board of directors. The lawyers for the plaintiffs disproved this claim by arguing the Buffalo Mining Company never held formal meetings of the board of directors and was not independent of the parent company. During this case Pittston’s Oil division had applied to build an oil refinery in Maine. The ...
We now know a few things about CEOs. Their job is to make their organizations look good, however troubled and ineffective they might be. They do not feel obligated to divulge troubling information that might affect public confidence, cause valuable employees to leave, or make it difficult to recruit in the future.
Investing in a clean-energy economy is the clear path toward re-establishing our economic stability and strengthening our national security. Content, T. 2011. Works Cited Content, T. (2011, July 12). Report finds Wisconsin 13th in clean-technology jobs.JSOnline.com. Retrieved April 1, 2012, from http://www.jsonline.com/business/125463128.html.
From the 1970s to the 1990s, pipelines became far more versatile than before. More pipelines were being used to transport natural gas, such as carbon dioxide for oil recovery and other natural gas liquids for a growing heating industry. Pipelines were being constructed to gather oil and gases more than a mile beneath the bottom of the
About a million people around the world seemed to enjoy the hilarious yet tragic scenes of cooling towers crumbling. Ecotricity, a British (and the country’s first) green energy company, which was founded in 1996, released a short clip via YouTube on February 7, 2012, attracting over 3.4 million views as of September 2016. Ecotricity’s central goal is to confront and bash the bad behavior of the Big Six power companies in the UK – British Gas, EDF Energy, npower, E. ON UK, Scottish Power, and SSE. The Big Six has been notoriously known for “unethical pricing, awful customer service, and the dire lack of investment in new sources of green energy,” (Ecotricity, ¶8) yet it supplies gas and electricity to a large majority of British homes and businesses.
The General Electric Company (GE) is organized with its chief executive officer, shareowner, and board of directors on the top of the pyramid, followed by their executive leaders and corporate staff. GE’s Board of Directors ensures the company serves the interests of shareowners and other key stakeholders with the highest standards of integrity and compliance. Serving equally as tough critics and wise counselors, they provide in-depth oversight of the major strategic issues of the company (General Electric Company, 2012). The authority officially vested in the board of directors is assigned to a chief executive officer (CEO), who occupies the top of the organizational pyramid (Bateman & Snell, 2011). There chai...
Using fossil fuels such as coal and oil is inefficient, dangerous, and otherwise a process that is known to eventually fail as a long lasting energy source. Yet, there is hope for the future of energy, this new hope has many shapes and forms, but requires a chance to be fully implemented in our everyday life. Such energy sources like solar energy, wind energy, geothermal energy, and hydro power are the key to our future. These energy sources are proven to be long lasting, safe, more reliable, and the next innovation. In short, all Americans should switch to renewable energy, resulting in a safer and more efficient world.