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 Cuomo’s 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.
<snip>
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 subsidy’s 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.
<snip>
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.
= new reply since forum marked as read
