Coalition forms to fight New York nuclear bailout
ALBANY - A newly formed coalition opposing a state-approved bailout of three upstate nuclear power plants drew a stern rebuke Wednesday from Gov. Andrew Cuomo's administration.
The New York Public Interest Research Group and Washington D.C.-based Food and Water Watch joined forces Wednesday to launch Stop The Cuomo Tax, a coalition of dozens of groups fighting a plan to infuse several billion dollars into the three plants, including the R.E. Ginna Nuclear Power Plant in Wayne County.
The groups estimate the subsidy, which was part of the state's Clean Energy Standard, will cost residential ratepayers $2.3 billion over the 12-year plan, which begins next year.
Blair Horner, NYPIRG's legislative director, said ratepayers shouldn't be asked to pick up the tab for the aging plants, particularly as the state and nation shift toward renewable energy sources like wind and solar.
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