Post Tagged with: "Nuclear Subsidies"

Aging Nuclear Plants in the US: Environmentalists and Citizens Question Massive Subsidies

Aging Nuclear Plants in the US: Environmentalists and Citizens Question Massive Subsidies

Featured, Nuclear Economics February 7, 2018 at 2:58 am 0 comments

It’s a David-vs-Goliath mismatch when a band of citizens’ groups takes on state government and giant nuclear corporations like Exelon. The Goliaths are used to getting their way. But let’s hope the fact that David won this round in New York is a sign of the times.

Vogtle Decision: This Christmas, Public Funds Are Nuked in the US for Saving the Doomed Nuclear Power Lobbies

Vogtle Decision: This Christmas, Public Funds Are Nuked in the US for Saving the Doomed Nuclear Power Lobbies

International December 24, 2017 at 2:45 am 0 comments

Today, the Georgia Public Service Commission, which regulates electric and gas utilities in the state, voted to approve continued construction of two nuclear reactors at Georgia Power’s Plant Vogtle. This decision is unsurprising because of the Commission’s utter failure to question the project throughout its ten-year history, but the decision is all the more ridiculous and unfortunate for it. The vote flies in the face of the evidence about the project’s likelihood for continued failure, the state’s energy needs, and the PSC staff’s own recommendation to cancel the Vogtle reactors if Georgia Power did not agree to swallow $4 billion of the cost.