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Thu Aug 25, 2016, 01:30 PM

Traditional utility companies are blocking renewable energy every step of the way

Holding Clean Energy Hostage
Traditional utility companies are blocking renewable energy every step of the way.

by Cathy Kunkel & M.V. Ramona

Nuclear power is getting a lifeline. On August 1, in a controversial decision, New York State’s Public Service Commission voted to approve subsidies to all nuclear power plants in the state. The estimated eventual cost to electricity customers in the state is over $7 billion. Most of the bailout money will be channeled toward Exelon and Entergy — two large electric utility companies that have threatened to close down some of the reactors they were operating in the state.

<snip>

... is the United States creating a new electricity supply system that will provide affordable energy and mitigate climate change?

Unfortunately, no — at least at the moment. The electric utility companies that control electricity generation in the United States are standing squarely in the way of such an energy future....

https://www.jacobinmag.com/2016/08/coal-nuclear-electric-renewables-solar-wind-energy-climate/

The excerpt doesn't do this article justice. But if you're interested in the transition away from carbon, this article will probably be something you don't want to skip.

8.23.16
Cathy Kunkel is an energy analyst with the Institute for Energy Economics and Financial Analysis and is active in the community organization Advocates for a Safe Water System. M. V. Ramana is with the Program on Science and Global Security at Princeton University and the author of The Power of Promise: Examining Nuclear Energy in India.


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Reply Traditional utility companies are blocking renewable energy every step of the way (Original post)
kristopher Aug 2016 OP
liberal N proud Aug 2016 #1
Judi Lynn Aug 2016 #2

Response to kristopher (Original post)

Thu Aug 25, 2016, 01:53 PM

1. Energy companies are really good at creating monopolies then blocking any threat to their profits

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Response to kristopher (Original post)

Thu Aug 25, 2016, 09:35 PM

2. The greater good matters. Their personal profit at everyone's expense should end, immediately. n/t

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