Not exact matches
New York lawmakers should use all tools available to fight this issue head on through
legislation, such as S. 4417, introduced by Senator Tony Avella, which would direct the state PSC to repeal any electric rate increase «where such increase is a
subsidy to upstate
nuclear power plants.»
New Jersey's state legislature today passed
legislation that will subsidize solar at a rate 18 to 28 times greater than a state
subsidy for
nuclear, a new Environmental Progress analysis finds.
If electricity consumption in coming years stays at 2017 levels,
subsidies for
nuclear allowed under this new
legislation will be $ 300 million or less per year.
If any regional or national
subsidy is subsequently offered to these
nuclear plants, the new
legislation requires the state to claw back the
subsidy.
But the
nuclear subsidy will ensure that 40 percent of the state's electricity comes from
nuclear, whereas the new
legislation will only raise the share of solar electricity from 3.8 to 5.1 percent.
Q: Given ALEC's emphasis on free markets and
subsidies, does the Energy, Environment and Agriculture Task Force plan to pass model
legislation limiting fossil fuel and
nuclear energy
subsidies and corporate welfare?
The U.S. energy
legislation of 2005 provides significant
subsidies, not only for renewable energy sources, but also for new
nuclear power plants.
In contrast to other state
subsidies for
nuclear, the New Jersey
legislation sets no time limit for the operation of the state's
nuclear plants.