How low can they go? Hansen, Shellenberger now shilling for Exelon
Exelon’s Clinton reactor nearly bankrupted the small utility and rural co-ops that originally built it. Despite being bought for a few cents on the dollar by Exelon, it still isn’t economic and Exelon is “threatening” to close it. Photo by cryptome.org.
While some potential legal challenges remain, the approval of the Exelon-Pepco merger by the Washington, D.C. Public Service Commission means that Exelon is now not only the largest nuclear powered utility in the U.S., it is the largest electric utility period. And with that steady stream of regulated, and non-nuclear, Pepco money filling its coffers, you’d think that Exelon’s continuing “threats” to close up to three of its Illinois reactor sites unless it obtains more bailouts from beleaguered Illinois taxpayers and ratepayers would fall on deaf ears. Or maybe Exelon is now trying to achieve “too big to fail” status?
That Exelon’s “threats” to close these reactors are considered…
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