Wednesday, May 23, 2018

Welfare for Hope Creek/Salem: Well, It Is Market Collusion Between The Nukes and Solar folks

So both the nukes and greenies went to the NJ politicians for welfare. That is how they got the votes. This nuke bailout wouldn't have happened if they didn't garner the greenies votes also. The nukes are on the way to throw their greeny buddies a bone. How high do you want your electricity to go with everyone colluding their ass off. This is just going to spread to the other market players. Why compete ,when we can make more profits by everyone colluding. 

Why aren't the coal and natural gas boys and girls involved in this grand collusion...
SOUTH BRUNSWICK — Legislation that would authorize $300 million annually to rescue New Jersey's nuclear energy industry — a request for financial help made by the state's largest utility company — was signed into law Wednesday.
Democratic Gov. Phil Murphy alongside lawmakers at a solar array in central New Jersey also signed a measure aimed at strengthening the state's renewable energy goals. The nuclear measure will be funded by ratepayers; the cost of the renewable energy legislation is unclear...

No comments: