Data trimming is the act of excluding relevant data to obtain a more favorable analysis. It is the lynchpin of the nuclear industry's strategy for lying about their product.

Report: Nuclear Received 4 Times More Subsidies Than Solar in CA

“Federal dollars per new megawatt-hour for distributed solar are infinitely lower.”
HERMAN K. TRABISH: AUGUST 28, 2013

California’s nuclear energy industry has received four times more federal support than the state’s distributed solar builders over a period six times as long, according to a new report.

“California’s nuclear power suppliers have benefited from over $8.21 billion (in 2012 dollars) in subsidization over the last half century,” according to the report Ask Saint Onofrio: Finding What Has Been Lost in a Tale of Two Energy Sources by Nancy E. Pfund and Noah W. Walker of Silicon Valley venture capital firm DBL Investors.

Distributed solar systems, they found, have earned $2.17 billion in tax credits or direct payments through 2012 from the federal investment tax credit (ITC) and the 1603 Treasury Grant programs, which began in 2007.

The 56-year-old Price-Anderson Act’s liability protection for nuclear plant operators and tax breaks for the decommissioning trust fund earnings together account for an estimated $164.1 million in annual federal support.

The legislators who passed the Price-Anderson Act expected it to sunset after ten years, yet it is authorized through 2020, Pfund, DBL’s Managing Partner, observed. “Federal subsidies were necessary and highly effective for the early growth of the nuclear industry,” she explained. But they have become “a perpetuity.”

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The return on taxpayers’ investments are starkly different, the report noted. The 2,200-megawatt San Onofre Nuclear Generating Station failed in 2011 and was permanently taken offline this year. Attempted repairs have cost ratepayers $670 million, and a further $4.1 billion will be passed on to them for decommissioning.

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