Monday, January 30, 2017

Indian Point Controversy Before the Sixth Seal (Revelation 6)

Crains
Gov. Andrew Cuomo's Clean Energy Standard is an investment in our clean-energy future. To suggest the CES is a bailout for the state's nuclear plants fails to recognize the great value they provide ("Better alternatives to Cuomo's nuclear-plant bailout," Jan. 9).
The benefits, especially the nuclear component, help the state achieve its clean-air objectives while minimizing costs compared to alternatives. Opponents incorrectly claim the zero-emission credits program is a tax and will increase electricity bills. This could not be further from the truth. A Brattle Group report found it will save consumers $1 billion a year, or $12 billion by 2030, compared with replacing upstate nuclear plants immediately with 100% renewable energy.
The notion that we can just replace them with renewable power is misguided and would mean the 15% loss of the state's electricity supply, raising electricity prices more than the cost of zero-emission credits.
New York's upstate nuclear facilities supply thousands of jobs to highly skilled workers and stimulate upstate economies, supporting businesses and schools. Preserving nuclear plants will help New York remain a leader in carbon reduction while retaining well-paying jobs and keeping energy prices low. That is something we should all support.
TED SKERPON
Syracuse
The writer is business manager of IBEW Local 97, which represents 4,700 power-industry workers in New York.
A version of this article appears in the January 30, 2017, print issue of Crain's New York Business.

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