Beyond Nuclear

Thank you to Mary Olson of NIRS for calling attention to this article, which led Scott Stapf of the Hastings Group to tweet:

Financial Fukushima? South Carolina lawmaker uses evocative term "nuclear disaster" to describe abandonment of VC Summer nuclear project in state.

Here is a link to the article in the Post and Courier, entitled "S.C. House Votes to Replace Utility Regulators, Senate Wants Review of Nuclear Fiasco Decided by December."

And as Mary also pointed out:

"Summer is a financial meltdown, and in a state like SC, a long-term EJ issue too."

As South Carolina Public Service Commissioners are fired for their role in this financial Fukushima, it begs the question: What about David Wright? He has been nominated by President Donald J. Trump to become a U.S. Nuclear Regulatory Commissioner. His nomination passed the U.S. Senate Environment and Public Works Committee by a straight party line vote, with 11 Republicans voting to confirm, and 10 Democrats voting against confirmation. Wright, as long serving SC PSC head, presided over many years worth of bad decisions re: Summer Units 2 and 3 new build, including burdening ratepayers with Construction Work in Progress (CWIP), or nuclear tax, surcharges on their electric bills. Those surcharges increased over the years to reach a whopping 20% of ratepayers' electric bills.