Yesterday, New York became the first state to adopt a policy to subsidize aging, uncompetitive nuclear reactors. The state’s Public Service Commission, which regulates utility companies, passed a Clean Energy Standard that combines a 50% renewable energy standard by 2030 with massive subsidies to prop up uneconomical reactors. Prepare yourself for loud celebrations from the nuclear industry, heaping praise on New York Governor Andrew Cuomo and calling for other states to emulate the Empire State with lucrative incentives to insulate the nuclear industry from competition and to postpone closures of uneconomical reactors. We hate to throw water on the parade, but the move actually proves what a bad idea it is to throw subsidies at nuclear power. Let’s jump to the punch line, then we can fill in the blanks: New York just committed to spending twice as much money propping up old nuclear reactors than on new renewable energy, to get 2-3 times less energy from nuclear as renewables in the end.
Green World 2nd Aug 2016 read more »
Linda Pentz-Gunter: US Nuclear Regulatory Commission’s ‘enforcement’ is as fierce as the comfy chair The NRC routinely fails to enforce its own safety codes at nuclear power plants,- putting all of us at risk from accidents. It’s the US’s most extreme example of regulatory capture, rivalling Japan’s ‘nuclear village’ of crony agencies and feeble regulation that led to the Fukushima disaster. How long can it be before the US experiences another nuclear catastrophe?
Ecologist 2nd Aug 2016 read more »