16 Apr '18, 6pm

Good News, Bad News For Renewable Energy In New Jersey

Good News, Bad News For Renewable Energy In New Jersey

The part of Murphy’s plan that will not please environmentalists is his embrace of nuclear energy. “I believe the biggest bridge we have to our clean energy future are the nukes and, not to mention, the thousands of jobs they support,” he says. New Jersey currently derives nearly half of its electricity from four nuclear power plants. One of those — the Oyster Creek facility — is scheduled to close soon, but Murphy’s plan will shovel $300 million a year to the remaining nukes to keep them going for a few more years. New Jersey rate payers will have the privilege of paying the subsidy.

Full article: https://cleantechnica.com/2018/04/16/good-news-bad-news-f...

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