More Problems at Indian Nuclear Point before the Sixth Seal

More problems with closing Indian Point

By Post Editorial Board

New Yorkers, especially in Westchester, just got another painful reminder of the cost of Gov. Cuomo’s foolish drive to shut the Indian Point nuclear power plant.
Last week, Rep. Nita Lowey (D-West­chester) introduced three bills to deal with some consequences — namely, the risks of storing spent fuel rods on-site and the loss of tax revenue to the local communities.
The bills would require that safety-related fines against the plant go to the communities. They would also speed up removal of the spent rods and bolster safety in the interim.
The loss of a major source of reliable power (Indian Point supplies 25 percent of the electricity for the city and its environs) is still the top concern here. But ending Indian Point’s tax payments also presents huge problems: The plant funds half Buchanan’s budget. Cortlandt and the Hendrick Hudson School District’s finances are at risk, too.
These communities face combined losses of some $32 million a year. Residents must worry about daunting tax hikes — even as many will lose their jobs if the plant closes as scheduled by 2021.
Lowey, who supports the shutdown, is grasping for ways to deal with the blowback. It’d be better to keep the plant open and preserve a pillar of the region’s economy — but that would mean facing down the hysterical fearmongers.