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Subsidizing 2 more Exelon nuclear plants key to meeting Pritzker's climate goals, audit finds

Source: 
Chicago Tribune

Another round of subsidies for Illinois' nuclear power plants is justified to help meet Gov. J.B. Pritzker's goal of 100% carbon-free electricity by midcentury, according to an audit of ComEd's parent company that adds a new wrinkle to a long-running debate about the state's energy future. The audit of Chicago-based Exelon's finances, commissioned in January by the Democratic governor's ...

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Robert Borlick's picture
Robert Borlick on Apr 16, 2021

It's misleading to characterize paying nuclear plants zero-emissions credits (ZECs), when they are sized to represent the value of the CO2 emissions avoided by producing energy from these plants, rather than from fossil fuel plants.  New York state based the ZEC value on the avoided cost of carbon.  

Opposing ZEC payments is not a pro-environment argument, it's an anti-nuclear argument resorted to by the fossil fuel industry and the irrational "greenies."  

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