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WASHINGTON, DC - JUNE 02: U.S. Environmental Protection Agency Administrator Gina McCarthy announces new regulations for power plants at EPA headquarters June 2, 2014 in Washington, DC. Bypassing Congress and using President Barack Obama's 'Climate Action Plan,' the new regulations will force more than 600 existing coal-fired power plants, the single largest source of greenhouse gas emission in the country, to reduce their carbon pollution 30 percent from 2005 levels by 2030. (Photo by Chip Somodevilla/Getty Images)

Duke Fined by EPA

Duke Energy agreed to a $5.4 million settlement of a 15-year legal fight with the U.S. Environmental Protection Agency over alleged violations of the federal clean air act, the New York Times reported. Duke agreed to close three facilities at a five-unit coal burning plant west of Charlotte, N.C., by 2024 as part of the settlement of a dispute that was set to go to trial in October.

Duke Energy agreed to a $5.4 million settlement of a 15-year legal fight with the U.S. Environmental Protection Agency over alleged violations of the federal clean air act, the New York Times reported.

Duke agreed to close three facilities at a five-unit coal burning plant west of Charlotte, N.C., by 2024 as part of the settlement of a dispute that was set to go to trial in October.

Duke maintained it did not violate the law but wanted to sidestep a costly court case.

The Times reported that the settlement is part of what will likely be the most significant enforcement act tied to the clean air act passed 45 years ago.

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