Closing Diablo Canyon Nuclear Plant Will Cost Money And Raise Carbon Emissions

Closing Diablo Canyon Nuclear Plant Will Cost Money And Raise Carbon Emissions

Pacific Gas & Electric Company recently announced its decision to close its well-running, low-carbon, low-cost nuclear reactors at Diablo Canyon, because of political pressure from the state of California and especially its Lt. Governor. But contrary to their vow to replace the nuclear energy with renewables, they are actually going to replace it mostly with natural gas so carbon emissions will increase about 30%. Fortunately, the costs will go onto the shoulders of taxpayers, not ratepayers, so no one will notice the increased costs.

http://www.forbes.com/sites/jamesconca/2016/07/15/closing-diablo-canyon-nuclear-plant-will-cost-money-and-raise-carbon-emissions/#187538f876fb