Posts tagged New Jersey
Pro-Nuclear Victory in New Jersey! But at the Cost of a Hefty Subsidy for Solar

New Jersey’s passage today of legislation to prevent the premature closure of the state’s nuclear plants is another crucial victory to save America’s largest source of clean energy.

Climate and environmental scientists organized by Environmental Progress urged New Jersey’s Governor Philip Murphy to pass the legislation, and I testified in support of the legislation last December.

But the legislation’s passage came at a hefty price: 18 to 28 times more in subsidies for solar energy than will be received by nuclear plants.

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We fought hard, and won big. Now we must press our advantage

EP’s work saving nuclear in Illinois, New York, Connecticut, France and South Korea will reduce carbon pollution the equivalent of keeping 22 million cars off the road by 2025

The work of saving nuclear by Environmental Progress will prevent $25 billion in economic damages from climate change damage by 2025, based on the US EPA's social cost of carbon.

If EP were to take just 10 percent of the credit for those victories, every dollar donated to EP resulted in a nearly 2,000-fold impact.

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