Nuclear Costs
Estimates for new reactor construction costs continue to sky-rocket. Conservative estimates range between $6 and $12 billion per reactor but Standard & Poor's predicts a continued rise. The nuclear power industry is lobbying for heavy federal subsidization including unlimited loan guarantees but the Congressional Budget Office predicts the risk of default will be well over 50 percent, leaving taxpayers to foot the bill. Beyond Nuclear opposes taxpayer and ratepayer subsidies for the nuclear energy industry.
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As reported by GPB, Georgia Public Broadcasting.
See also coverage by The Intercept on this Public Service Commission runoff election: "The Other Race on Georgia's January Ballot: The Runoff for Georgia's Public Service Commission is a Referendum on the Powerful Energy Company Georgia Power."
Here is the link to the Nov. 29, 2020, 56-organization coalition letter of opposition.
Patricia Marida of the Ohio Sierra Club Nuclear-Free Committee has also prepared a concise Opponents' Analysis of HB 104.
Your help is urgently needed. See this link for how to take action, as well as for the coalition's press release.
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As reported by John Monk in The State.
A link to the 18-page plea agreement is embedded in the article.
