Look for it on a billboard near you in New York State: Stop the Cuomo nuclear bailout tax!
Thanks to Scott Stapf of the Hastings Group for the Tweet, pointing to this New York Daily News article:
Nuclear Costs
Estimates for new reactor construction costs continue to sky-rocket. Conservative estimates range between $6 and $12 billion per reactor but Standard & Poor's predicts a continued rise. The nuclear power industry is lobbying for heavy federal subsidization including unlimited loan guarantees but the Congressional Budget Office predicts the risk of default will be well over 50 percent, leaving taxpayers to foot the bill. Beyond Nuclear opposes taxpayer and ratepayer subsidies for the nuclear energy industry.
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Thanks to Scott Stapf of the Hastings Group for the Tweet, pointing to this New York Daily News article:
As reported by Cole Epley in the Omaha World-Herald, the Omaha Public Power District's (OPPD) Fort Calhoun atomic reactor permanently shutdown today, four and a half months after the nuclear utility's management proposed it, and the utility's board of directors voted in agreement.
Although OPPD emphasized Fort Calhoun's inability to compete with less expensive sources of electricity (including Nebraska's abundant wind power) as the reason for its decision, Fort Calhoun has also suffered serious safety problems for the past several years.
This included a close call with catastrophe, during historic floods on the adjacent Missouri River in the spring and summer of 2011. (This earned the atomic reactor the nickname "Port" Calhoun, as flood waters lapped against safety related systems, structures, and components! See the photo, above left.) It also included a fire, that smoldered within the plant for days, remarkably without response, also in 2011. The consequent two and half year shutdown cost Nebraskans several hundred million dollars (Fort Calhoun is publicly owned).
As soon as the irradiated fuel is removed from the core, Fort Calhoun can no longer suffer a reactor meltdown, by definition. In addition, no more high-level radioactive waste will be generated. That is the good news. The bad news is that the irradiated nuclear fuel already generated there, since 1974 -- currently stored in the indoor "wet" storage pool, and outdoor dry casks -- must be isolated from the living environment for the next million years.
Thanks to Scott Stapf for the Tweet headline above, alerting us to the breaking news in the New York Times, that:
A collection of energy companies and trade associations have filed a lawsuit seeking to reverse a decision by the administration of Gov. Andrew M. Cuomo to subsidize several struggling upstate nuclear plants, arguing that the state overstepped federal authority to regulate energy prices.
The suit, filed Wednesday in Federal District Court in Manhattan, comes a little more than two months after Mr. Cuomo announced a deal to provide hundreds of millions of dollars per year in subsidies to buttress the bottom lines of four upstate plants. The subsidies were included in an order from the Public Service Commission, whose chairwoman, Audrey Zibelman, is named as the lead defendant...
This news comes just one week after Public Citizen filed a legal challenge at the Federal Energy Regulatory Commission (FERC), opposing the NY nuclear power subsidy, at ratepayer expense, as well as the related sale of the FitzPatrick atomic reactor by Entergy to Exelon. RTO Insider reported on the Public Citizen lawsuit.
Here is the latest action alert for New Yorkers from NYPIRG (New York Public Interest Research Group) re: the Stop the Cuomo Tax/No Nuclear Bailout campaign:
New Yorkers know that Governor Cuomo’s plan to bail out old, unprofitable nuclear plants is a big mistake. If the governor gets his way, he’ll take $7.6 billion from hard working New Yorkers and hand it over to a highly profitable Chicago nuclear company. We should be investing in sustainable energy, not handing out giant subsidies for aging, unsafe nuclear plants.
You can help change the governor’s mind with a quick 30-second phone call to let his office know where you stand. It’s simple. Just follow these instructions:
Call 866-772-3843
Tell Governor Cuomo's office your name and where you live, then say:
"As a constituent, I oppose the Cuomo tax on New Yorkers' utility bills and urge Governor Cuomo to stop his proposed $7.6 billion bailout of unprofitable nuclear plants. His mistaken plan would take billions of dollars out of New Yorkers’ pockets to subsidize aging, unsafe, nuclear plants owned by a highly profitable Chicago-based company. Instead, Governor Cuomo should invest in energy efficiency and truly clean renewable alternatives like solar and wind while saving consumers money."
Click the [following link] so we can count the number of calls delivered! I MADE THE CALL
We know that when New Yorkers come together to make their voices heard, we can make real positive change for the people of this state. Making the call today is a good first step.
Thanks for joining us in this movement to Stop the Cuomo Tax.
Blair Horner
StopTheCuomoTax.org
Karl GrossmanInvestigative journalist Karl Grossman (photo, left) -- a Beyond Nuclear board of directors member -- delivered a presentation to Long Island Metro Business Action entitled “How Cuomo’s $7.6 Billion Nuclear Bail-out Can Impede Wind and Solar." A link to the written presentation is provided here.
Karl has also posted the presentation at his own blog, linked here.