Numerous recent articles regarding nuclear power, and introduction of legislation (SB1527 & HB3604) Read more
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An otherwise excellent Chicago Tribune summary of the proposed Comprehensive Climate and Equitable Jobs Act (CCEJA) was marred by the oversimplified one-line explanation for critics’ opposition to continued Exelon nuclear plant bailouts. While legitimate to question and oppose bailing out a profitable corporate welfare queen like Exelon, the real reasons are more numerous and complex.
The $694 million Exelon bailout proposed in CCEJA is nearly twice the amount found financially defensible by Governor Pritzker’s $250,000 independent audit commissioned earlier this year. What’s the justification for increasing ratepayer abuse? Read more
WASHINGTON, D.C — Over 240 organizations, including Friends of the Earth, Indigenous Environmental Network, Food & Water Watch, The League of Women Voters, Physicians for Social Responsibility, Public Citizen, Nuclear Information and Resource Service (NIRS) and hundreds more sent a letter to Congressional leaders telling them to reject all proposals in infrastructure bills
that subsidize nuclear energy, and to instead invest in a just and equitable transition to safe, clean renewable energy.
The letter opposes proposals in both the energy legislation for the larger reconciliation package (S.2291/H.R.4024) and the bipartisan infrastructure bill, which together would grant up to $50 billion to prop up aging, increasingly uneconomical nuclear reactors for the next decade.
The letter highlights climate, economic, and environmental justice concerns with proposed nuclear subsidies, in addition to evidence that nuclear power is too dirty, dangerous, expensive, and slow to be a viable solution to the climate crisis.
All of the proposed subsidies (up to $50 billion) are predicted to go to reactors owned by only eight corporations and located in only 19 counties across eight states. Over 50 organizations in each of these states – Connecticut, Illinois, Maryland, New Hampshire, New Jersey, Ohio, Pennsylvania, and Texas – signed the letter. Read more
REPORT: $50 BILLION NUCLEAR BAILOUT WOULD UNDERMINE BIDEN CLIMATE AND INFRASTRUCURE GOALS
Economic Analysis Shows $10-50 Billion In Proposed Nuclear Subsidies Would Subvert Biden’s Infrastructure Plans; Best Investment for Jobs, Climate and the Economy is in Rapid Transition to Renewable Energy and Smart Electricity Grid, According to Expert
WASHINGTON, D.C.//July 15, 2021//A new report shows why the best infrastructure investment for U.S. jobs, the climate, and the economy is in a rapid transition to renewable energy and a 21st-century electricity system, and to phase out nuclear power and fossil fuels. While nuclear subsidy proposals in play as part of infrastructure negotiations like those from Senator Joe Manchin (D-WV) and Senator Ben Cardin (D-MD) would designate $6-$50 billion to bail out uneconomical nuclear power plants, the new economic analysis shows that subsidizing nuclear reactors would hobble the needed transition to a modern energy system and waste the economic and environmental benefits of renewable energy
The report by Dr. Mark Cooper, senior research fellow for economic analysis, Institute for Energy and the Environment, Vermont Law School, was released during a video news event featuring experts from the Nuclear Information and Resource Service (NIRS), Friends of the Earth, and the Nuclear Energy Information Service (NEIS) in Illinois. The report is available here.

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