Posts

, , ,

PRESS RELEASE: National Day of Opposition to Nuclear Bailouts in Chicago  

FOR IMMEDIATE RELEASE: Sept. 13 , 2021 

Chicago – On a day that saw the Illinois legislature approve another $694 million in nuclear power bailout money to profitable Exelon corporation, safe-energy activists in cities all over the country conducted actions and wrote to their members of Congress, urging them to remove an estimated $46 billion  in proposed nuclear subsidies from the upcoming Reconciliation legislation. Read more

/by
, , , , ,

STATEMENT ON NEW EXELON BAILOUT RANSOM PROPOSAL

Illinois Legislators should oppose Exelon’s current $700 million nuclear ransom demand.  You can’t build an energy future by bailing out the past.

Recent revelations [1] that Exelon’s business partner EDF is curbing its enthusiasm for the creation of Exelon’s spin-off company “SpinCo” should warn Illinois legislators about the danger of granting the recently proposed nuclear bailout [4].

Earlier this year Exelon announced it would be splitting off and segregating its money-losing, unprofitable nuclear reactors into a separate entity called “SpinCo.” Read more

/by