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Opposition to subsidies to keep alive aging and financially failing nuclear power plants

Beyond Nuclear 11th Nov 2018 , As members of Three Mile Island Alert, a watchdog group, we are resolutely
opposed to the present attempts by utilities in Pennsylvania and Ohio to
secure huge subsidies to keep their aging and financially failing nuclear
power plants operational well beyond their “expiration dates”.
Such a decision would have national implications. The diversion of billions of
dollars into nuclear subsidies would distort markets and state regulatory
decisions and result in lower investment in renewable resources and energy
efficiency.
This in turn would prolong the uneconomic existence of a
resource that is not clean energy.
The Union of Concerned Scientists, in its new report, argues that the trajectories of existing renewable energy
and efficiency standards are insufficient to prevent a dangerous increase
in CO2 emissions, and that a price on carbon could serve to better mitigate
carbon emissions as long as nuclear reactors remain operational.
This latter requirement is roundly contradicted by reports over the last several
years that show that, even in Pennsylvania, a state with one of the highest
greenhouse gas (GHG) emissions rates, GHG reduction goals can be met under
the Environmental Protection Agency’s Clean Power Plan targets through
planned power plant retirements.
https://beyondnuclearinternational.org/2018/11/11/no-nuclear-bailouts-for-pennsylvania-and-ohio/

November 15, 2018 - Posted by | climate change, USA

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