[Peace-discuss] what's up with the Clinton nuke bailout?

Robert Naiman naiman at justforeignpolicy.org
Tue May 31 23:02:26 UTC 2016


Could someone please explain to us why it's a good idea to have a ratepayer
bailout of Exelon's nuclear power plants?

"Exelon's plan would raise electric rates statewide -- it said it would
cost the typical residential user about 25 cents a month — in order to keep
open the Clinton plant and another nuclear unit near the Quad Cities.
Exelon said earlier this month that the plants have lost about $800 million
over the last six years, mainly because natural gas prices have been so low
and have undercut nuclear power's cost."

http://www.news-gazette.com/news/local/2016-05-30/sponsor-no-vote-exelon-bill-future-clinton-plant-unclear.html

===

Robert Naiman
Policy Director
Just Foreign Policy
www.justforeignpolicy.org
naiman at justforeignpolicy.org
(202) 448-2898 x1
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