Casey Wichman is an Environmental Economics Analyst with the Environmental Finance Center.

In case you haven’t heard, the merger between Duke and Progress energy was approved, making it the largest power utility in the United States with approximately 7 million customers in the southeast and midwest. If you did hear about that, you are probably also aware of the executive shuffle for control of the new company between Jim Rogers, former (and now current) CEO of Duke Energy, and Bill Johnson, former CEO of Progress Energy who held the reins at the new company for mere minutes.

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