21 Sep Growing criticism over Gov. Andrew Cuomo’s plan to subsidize New York’s nuclear plants
In recent weeks, New York Gov. Andrew Cuomo has tirelessly defended his Clean Energy Standard plan that forces taxpayers and electric customers to bail out the state’s failing nuclear energy industry. The governor should save his breath.
The controversial scheme, which Cuomo and state regulators approved in August without the consent of state lawmakers, has been hailed as a model for other states to achieve reductions in greenhouse gas emissions. But critics rightly view the Clean Energy Standard (CES) a raw deal for electric ratepayers and taxpayers that amounts to little more than an indefensible corporate welfare racket…
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