Failing Nuclear Industry Pushing for $23+ Billion Federal Bailout

See the Friends of the Earth press release, posted at CommonDreams, entitled "Failiing Nuclear Industry Pushing for $23 Billion Federal Bailout: A bailout proposed by the nuclear industry would cost tax and ratepayers billions, while starving demand for wind and solar."

See Dr. Mark Cooper's report "The Endgame for Nuclear Power: A Desperate Push for Subsidies in the 2019 Tax Extenders."

Beyond Nuclear joined an environmental coalition of 70 groups, representing millions of Americans, in a letter to congressional tax policy committee leadership, urging opposition to this $23-39 billion nuclear power subsidy over the next decade or two.

The letter expresses opposition to the Nuclear Powers America Act of 2019 -- S. 1134 and H.R. 2314.

Cooper's report, and the coalition letter, echo the findings in the World Nuclear Industry Status Report 2019, regarding nuclear power's decline and its inherent inability to solve the climate crisis (because it takes too long, and costs too much, for starters).

Thom Hartmann hosted Beyond Nuclear's Kevin Kamps on his radio show to discuss these matters, in an episode entitled "Will $23 Billion Nuclear Bailout Cause Nuclear Fallout?"

What can you do? If your Member of Congress includes tax policy committee leadership -- Richard Neal (D-MA), Chairman, U.S. House Committee on Ways and Means; Kevin Brady (R-TX), Ranking Member, House Ways and Means; Chuck Grassley (R-IA), Chairman, U.S. Senate Committee on Finance; Ron Wyden (D-OR), Ranking Member, Senate Finance -- please contact them directly, and urge their opposition to S. 1134 and H.R. 2314, the Nuclear Powers America Act of 2019.

Otherwise, please contact your U.S. Representative, and both your U.S. Senators, and urge their opposition to S. 1134 and H.R. 2314, the Nuclear Powers America Act of 2019. You can phone your Congress Members' D.C. offices via the U.S. Capitol Switchboard at (202) 224-3121.

Update on November 22, 2019 by admin

Common Dreams reported on this story on Oct. 24, 2019:

"Nuclear Industry's $23 Billion Bailout Request Shows Why It Should Have 'No Role to Play' in Solving Climate Crisis: Study"

Judge denies more time to nuclear referendum effort

As reported by the Toledo Blade, and as posted at the Midwest Energy News:

OHIO: A federal judge refuses to grant more time to gather petition signatures for an Ohio referendum on coal and nuclear plant bailouts, saying it is a constitutional question for the state Supreme Court. (Toledo Blade)

WSJ: In Ohio, a Fight Over Bailing Out Nuclear Plants Turns Nasty

As reported by the Wall Street Journal:

State attorney general investigates complaints; ‘I’ve never seen anything this nutty,’ says professor

By Kris Maher 

Oct. 22, 2019 10:23 am ET

Ohio is girding for a nasty statewide fight over the bailout of two nuclear plants to get even nastier.

A group that opposes a $1 billion bailout of two nuclear plants vowed to continue fighting the measure after missing a deadline Monday to deliver enough signatures to put a referendum on the 2020 ballot.

[The rest of this article is beyond a pay wall.]

House Bill 6 inadvertently bans coal plant subsidies, groups say

As reported by the Cleveland Plain Dealer.

Judge to rule whether to give anti-nuclear effort new life

As reported by the Toledo Blade.