Tag Archives: nuclear bailout

OP-ED: END THE “NUCLEAR HOSTAGE CRISES” NOW!

 

clinton
The Clinton Nuclear Power Plant. NRC photo.

Letter to the Editors     

The “nuclear hostage crisis” is finally over.  Governor Rauner and the Illinois Legislature has ordered all Illinois ratepayers to pay the $2.35 billion ransom to Exelon Corporation over the next ten years, ostensibly to save the ~1,500 jobs at the Clinton and Quad Cities nuclear reactors.  That amounts to $1.57 million for each job “saved.”  Heckuva job, Raunie! Continue reading OP-ED: END THE “NUCLEAR HOSTAGE CRISES” NOW!

GOVERNOR SIGNS EXELON NUCLEAR BAILOUT BILL – INSURES CONTINUED NUCLEAR RISKS, RADIOACTIVE WASTE GENERATION 

PRESS RELEASE

 

CHICAGO–  Governor Bruce Rauner signed the Exelon nuclear bailout bill into law today, insuring over the next 10 years a legislatively mandated  $2.35 billion rate hike, and the production of nearly 900 tons of additional high-level radioactive wastes and the other risks that nuclear power poses for Illinois.

“What a terrific Christmas gift for the children and future of Illinois,” quips David Kraft, director of Chicago-based Nuclear Energy Information Service. Continue reading GOVERNOR SIGNS EXELON NUCLEAR BAILOUT BILL – INSURES CONTINUED NUCLEAR RISKS, RADIOACTIVE WASTE GENERATION 

PRESS RELEASE: “NO RATIONAL BASIS FOR EXELON NUCLEAR BAILOUT” NEIS CONTENDS

“NO RATIONAL BASIS FOR EXELON NUCLEAR BAILOUT” ENVIRO GROUP CONTENDS

35-year old environmental, safe-energy group sends strongly worded letter to legislators advising rejection of corporate “wealth transfer”

 CHICAGO–  In a strongly worded letter to state officials warning of “no rational basis for the Exelon nuclear bailout,” a 35-year old Illinois environmental organization today urged legislators to reject the proposed bailout.

Calling it “a ‘wealth transfer’ of billions of dollars from [Illinois] ratepayers to Exelon’s shareholders,” Nuclear Energy Information Service (NEIS) stated that, “this nuclear bailout is not defensible from an environmental, jobs, business or any other rational standard,” Continue reading PRESS RELEASE: “NO RATIONAL BASIS FOR EXELON NUCLEAR BAILOUT” NEIS CONTENDS

PRESS CONFERENCE – NUKE INDUSTRY ‘GAMING’ EPA CARBON RULES TO BAIL OUT OLD NUKE PLANTS, KILL RENEWABLES

WASHINGTON—The Nuclear Information and Resource Service (NIRS) held a press conference on September 11th with five safe-nirsenergy advocates to announce the release of an important study.  “Killing the Competition The Nuclear Power Agenda to Block Climate Action, Stop Renewable Energy, and Subsidize Old Reactors,” exposes the activities of nuclear utilities, especially Exelon Corporation, designed to use the EPA’s newly released draft carbon rules as a means to subsidize unprofitable old nuclear reactors, and stifle renewable energy and energy efficiency growth. Continue reading PRESS CONFERENCE – NUKE INDUSTRY ‘GAMING’ EPA CARBON RULES TO BAIL OUT OLD NUKE PLANTS, KILL RENEWABLES