Pennsylvania Lawmakers Push Nuclear Power Bailout, Further Define Alternative Energy Initiative

Pennsylvania legislators have proposed a new law that would preserve the existence of nuclear power by funding operations via large-scale government subsidies. Lawmakers recently proposed “Keep Powering Pennsylvania” House Bill (HB) 11, which, if passed, would re-classify nuclear power as a qualifying energy resource under Pennsylvania’s Alternative Energy Portfolio Standards (AEPS) and effectively subsidize the entire industry within the state.  As part of Pennsylvania’s larger alternative energy initiative, AEPS was enacted to provide economic development opportunities by increasing the mix of alternative energy generation. The law requires each distribution company in Pennsylvania to supply 18% of its
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