That includes nuclear subsidies.
Not exact matches
A long - term energy plan by the Cuomo administration that
includes a nearly $ 8 billion
subsidy to two upstate
nuclear power plants is being challenged from both ends of the political spectrum, and a lawsuit has been filed to try to stop the deal.
Part of the program
includes a multi-billion dollar
subsidy to Exelon, the company that now runs two upstate
nuclear power plants, Nine Mile Point in Oswego and Ginna near Rochester, and is hoping to run a third plant, FitzPatrick, also in Oswego.
Questions continue in Albany over a proposed
subsidy that would keep upstate
nuclear power plants open —
including the James FitzPatrick Plant in Oswego.
The deal, long in the making after Entergy signaled it would shutter the FitzPatrick plant in 2017, comes after state regulators put the final approval on new
subsidies for renewable fuels,
including nuclear power, potentially worth millions of dollars.
Other issues still on the table
include: education spending, college affordability, raise the age, water infrastructure spending, workers comp reform and
subsidies for three upstate
nuclear plants.
The proposal comes as state energy officials continue crafting a Cuomo - backed clean energy plan (Clean Energy Standard) that would
include unspecified
subsidies to financially stressed
nuclear plants, which currently provide about 30 percent of the state's total electricity.
A long term energy plan by the administration of New York Governor Andrew Cuomo that
includes a nearly $ 8 billion dollar
subsidy to two upstate
nuclear power plants is being challenged from both ends of the political spectrum, and a lawsuit has been filed to try to stop the deal.
The FitzPatrick announcement comes just more than a week after the state Public Service Commission approved a long - term clean, renewable energy standard that
includes subsidies for
nuclear power.
A long - term energy plan by the Cuomo administration that
includes a nearly $ 8 billion
subsidy to upstate
nuclear power plants is being challenged from both ends of the political spectrum, and a lawsuit has been filed to try to stop the deal.
Cuomo pushed an environmental agenda that
included demanding the EPA pursue further dredging of PCBs from the Hudson River and environs, rejection of the Constitution Pipeline to transport fracked gas from Pennsylvania, and
subsidies for Upstate
nuclear power plants.
Part of the program
includes a multi-billion-dollar
subsidy to Exelon, the company that now runs two upstate
nuclear power plants — Nine Mile Point in Oswego and Ginna near Rochester — and is hoping to run a third plant, FitzPatrick, also in Oswego.
Part of the program
includes a multi billion dollar
subsidy to Exelon, the company that now runs two upstate
nuclear power plants, Nine Mile Point in Oswego and Ginna near Rochester, and is hoping to run a third plant, FitzPatrick, also in Oswego.
Just more than a week after the state Public Service Commission approved a long - term clean, renewable energy standard that
includes subsidies for
nuclear power, the state on Tuesday touted Exelon's planned acquisition of the FitzPatrick
nuclear plant from Entergy Corp..
The plan isn't without controversy, however, since it
includes subsidies to ensure the state's existing upstate
nuclear plants remain open.
Exelon gave Gov. Andrew Cuomo credit for helping facilitate the transaction by asking the state Public Service Commission to adopt a Clean Energy Standard that
included subsidies for upstate
nuclear.
That plan
includes subsidies for financially stressed
nuclear plants, which is why most of the audience at the hearing spoke in favor of the effort.
But New York regulators stepped in to prevent its closure, passing a comprehensive clean energy plan that will the state's financially struggling
nuclear plants,
including FitzPatrick, with
subsidies that are scheduled to kick in tomorrow.
SCRIBA, N.Y. - Gov. Andrew Cuomo's plan for a «clean energy standard» that might
include subsidies for
nuclear plants is too late to save the doomed FitzPatrick plant in Oswego County, an Entergy Corp. executive said today.
The proposed cuts
include $ 269.78 billion from energy programs,
including $ 158.7 billion of fossil fuel
subsidies; $ 167.09 billion of agricultural
subsidies,
including $ 89.82 billion of federal crop insurance disaster aid; $ 212.02 billion of transportation
subsidies,
including $ 125.80 billion of general revenue transfers to the Highway Trust Fund; $ 101.8 billion of federal flood, crop and
nuclear insurance
subsidies; and $ 24.99 billion from wasteful or environmental damaging public lands and water projects.
Nuclear power is not «too cheap to meter,» and in fact, despite hundreds of billions of dollars in government subsidies and in ratepayer charges, nuclear power greatly trails other fuels as a source of electricity and is useless in providing for the world's other major energy needs, including transpor
Nuclear power is not «too cheap to meter,» and in fact, despite hundreds of billions of dollars in government
subsidies and in ratepayer charges,
nuclear power greatly trails other fuels as a source of electricity and is useless in providing for the world's other major energy needs, including transpor
nuclear power greatly trails other fuels as a source of electricity and is useless in providing for the world's other major energy needs,
including transportation.
Eliminate (100 %) all unsustainable tax incentives: Tax exemptions,
subsidies, regulatory frameworks and other incentives are redirected towards sustainable, knowledge and employment - intensive sectors and local sustainable value chains and away from unsustainable activities,
including industrial fisheries, forestry and agriculture, risky and otherwise unsustainable forms of energy production like fossil fuels,
nuclear energy, unconventional energy production / franking and industrial bioenergy, extractive industries and chemical industry
The report concludes with a dozen recommendations for policymakers,
including reducing
subsidies to existing reactors, adopting market - oriented approaches to uranium mining royalties and waste management financing, and incorporating the costs of preventing
nuclear proliferation and terrorism into economic assessments of new reactors.
With this track record, it's not surprising that
nuclear power has failed to attract private - sector financing — so the industry has looked to government for
subsidies,
including loan guarantees, tax credits, and other forms of public support.
Sierra Club openly takes money from solar energy companies
including Sungevity that benefit from its lobbying for renewables
subsidies and the closure of
nuclear plants.
Julian Spector, «Amazon's Clean Energy Procurements Should
Include Nuclear, Say Advocates,» Greentech Media, May 17, 2017 Russell Gold, «Oil - Gas Lobby Opposes State
Subsidies for
Nuclear Power Producers,» Wall Street Journal, April 25, 2017
Ohio's two
nuclear plants could soon be forced to close due to their exclusion from government and corporate
subsidies for solar and wind,
including Amazon's policy, which is using Ohio's renewable energy credits to meet its goal.
Free markets would be preferred, but the US failed to create competitive power markets under deregulation because it awarded old coal and
nuclear power plants all sorts of advantages
including stranded cost
subsidies, grandfather exemptions to environmental regs, preferential grid access, etc..
NRDC has for over 40 years sought to close
nuclear plants directly and indirectly by lobbying for laws
including federal
subsidies and renewable energy mandates that discriminate against
nuclear.
They should support
including nuclear in state renewable portfolio standards, and seek to equalize federal
subsidies.
Two bills passed by wide margins on Thursday that
include sweeping renewable energy goals, enhanced energy efficiency, and
subsidies for
nuclear power.
In private, big energy firms were offered sweetheart deals to acquiesce to the climate bill,
including expanded offshore drilling for oil giants like BP and taxpayer
subsidies for coal and
nuclear interests that outstripped those for clean energy.
The
nuclear industry, too, has benefited from billions of dollars in
subsidies —
including loan guarantees — over the last half - century.