Nuclear plan gets backlash from left, right
Source: Daily Star
A coalition of environmental and consumer activists warned Wednesday that New York electricity customers will be jolted by a huge tax stemming from Gov. Andrew Cuomos plan to subsidize aging nuclear power plants.
Customers of National Grid, NYSEG and other state-regulated utilities will see bills climb by more than $2 per month beginning next year and even more in subsequent years if the plan stays on track, the critics said.
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But representatives of more than 70 groups consumer, environmental and conservative announced they are working in unison to derail the bailout of reactors near Rochester and Syracuse.
The subsidys cost is expected to top $7 billion, according to a projection by the Public Utility Law Project, which is fighting the plan. Household customers will shoulder about $2.3 billion of that, it said, with the rest passed to industry, institutions and school systems.
This is one of the biggest transfers of wealth in New York state history, said Blair Horner, legislative director of the New York Public Interest Research Group.
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Read more: http://www.thedailystar.com/news/local_news/nuclear-plan-gets-backlash-from-left-right/article_928006bc-b987-595a-ae5c-c11871ccd29d.html
These old reactors are ticking time-bombs and should be shut down ASAP.
bananas
(27,509 posts)The Bathtub Curve, Nuclear Safety, and Run-to-Failure
http://www.democraticunderground.com/1016138136
Nuclear power in the future: risks of a lifetime
http://www.democraticunderground.com/1016145581
bananas
(27,509 posts)tiptonic
(765 posts)All that money, so we can have our very own Fukushima. Its still leaking people. How nice!!!