THE CORROSIVE EFFECTS OF NUCLEAR BAILOUTS

David Kraft, Director, Nuclear Energy Information Service

July 15, 2021

Nuclear bailouts represent the government’s way of turning people into utility ATM machines.  At the state level, that would be ratepayers.  At the federal level, that would be the U.S. taxpayers.  It’s always easier to spend somebody else’s money, especially when trying to score political points with voters and donors.

Nowhere is this more in evidence than in the states of Illinois and Ohio, characterized by not only outrageous nuclear bailouts imposed on ratepayers, but also horrendous amounts of political corruption essential and intrinsic to sealing the deals. Read more