From Our Daily Planet:

These mandates have been very effective at reducing the cost of renewable energy but as Travis Kavulla, director of energy policy at the R Street Institute, explained, the nuclear energy lobby has taken advantage of these mandates to help subsidize their industry. Kavulla wrote for Politico that “In numerous states, companies with large investments in nuclear energy — including Exelon, First Energy, Dominion and PSEG — have lobbied states to reconfigure their clean-power incentives to subsidize existing nuclear plants, rather than the emergent technologies that the laws were intended for. The result is a contagion of subsidies to nuclear power plants that started in Democratic states like Illinois and New York in 2016, spread to Connecticut in 2017 and New Jersey in 2018.”

Kavulla also explained that:

Why This Matters: By undermining state schemes to support renewables, the nuclear industry is stifling the development of wind and solar energy. As Kavulla also noted, “The necessity of acting on climate change is palpable in our politics today. But the answer is a genuine competition between low-emission producers through a market for carbon, not handouts to the nuclear industry.” So despite how people feel about nuclear energy, it’s not fair for the industry to diminish other clean energy sectors while passing the costs onto consumers. Unfortunately, the Supreme Court just made it easier for states to continue giving these handouts.

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