Massachusetts nuclear power plant to close by 2019

PennEnergy ^ | October 13, 2015 | Associated Press

[St_Thomas_Aquinas]

Coincidence?

[St_Thomas_Aquinas]

The big problem is that MA towns won't allow the electric companies to run new gas pipelines. Plenty of gas. No pipelines.

And it's not going to change anytime soon. We're going to have to put solar panels on our roof. It's the only option we have.

[bestintxas]

I just fervently hope thaT the Congress does not pass anything like heating oil credits so they do not feel the proper pain they deserve.

When I lived in NE it was such a travesty in them shutting nuclear, no coal, refusing natural gas pipelines NIMBY and totally dependent upon heating oil, and expecting the other states to subsidize their fuel needs by assist in offsetting cost of fuel oil.

Disgusting.

[Rodamala]

"...82 of the 117 U.S. nuclear power plants, including seven in the process of shutting down, don’t have enough cash on hand to close safely, according to NRC records. And closing tends to cost more than operators expect. Based on NRC filings, the actual combined cost may be somewhere in the neighborhood of $100 billion -- $43 billion more than the current balance of the trust funds."

http://www.bloomberg.com/news/articles/2015-05-03/radioactive-and-short-on-cash

[Rodamala]

[Ditto]

Deceptive quote from a deceptive article, and I notice you didn't include this quote from the same article;

The plants are on track to meet their required funding levels, said Michael Dusaniwskyj, an NRC economist. It’s fine to have less money now because the funds will grow through investments, he said. Both Jennifer Young, a FirstEnergy spokeswoman, and Jerry Nappi, an Entergy spokesman, said there’s enough time for their decommissioning funds to increase to meet costs.

Moreover, you first post on this thread claimed that taxpayers were paying to decommission plants, yet you have presented zero evidence to back up that claim.

[Rodamala]

You receive evidence every month when you receive your utility bill.

The surcharges on those utility bills to meet NRC obligations are completely seethrough as taxes, read as: theft under color of authority.

It’s unsustainable, period. Maybe we can get some more dreamers paying utility bills to cover these taxes... I mean “surcharges”? Screw it... let’s all just start paying $2.00 kWh for electric power... Let’s force the Amish to get on the grid and start paying into the fund.

They need to pay for “their fair share”.

As for these funds, what are they investing in exactly in this bogus economy that can possibly outpace inflation? 3 month Treasury Bills just sold at auction for 0%, for crying out loud.

And no, there is not “enough time for their decommissioning funds to increase to meet costs”. Plants are closed and awaiting full decommissioning, because THERE IS NOT ENOUGH MONEY THERE TO DO IT.

[Ditto]

The surcharges on those utility bills to meet NRC obligations are completely seethrough as taxes, read as: theft under color of authority.

Boy... you keep changing your line of argument. First, it was sweetheart crony capitalist deals to pay for decommissioning, now you are switching to it is unfair for ratepayers paying their utility bills for the service they receive and the associated costs involved in producing that electricity.

Which is it Buddy? Do you somehow think your are entitled to free electricity?

If the utilities don't get the money from their customers, where the hell do you think they are going to get it?

[Ditto]

Plants are closed and awaiting full decommissioning, because THERE IS NOT ENOUGH MONEY THERE TO DO IT.

Name one!

[Rodamala]

I’m not your buddy, FRiend.