Ted Skerpon opines that the Gov. Andrew Cuomo Clean Energy Standard plan is an investment in our clean-energy future. To suggest that the CES is a bailout for the state nuclear plants fails to recognize the great value they provide. The benefits, especially the nuclear component, help the state achieve its clean-air objectives while minimizing costs compared to alternatives. Opponents incorrectly claim the zero-emission credits program is a tax and will increase electricity bills. This could not be further from the truth. A Brattle Group report found it will save consumers $1 billion a year, or $12 billion by 2030, compared with replacing upstate nuclear plants immediately with 100% renewable energy.
The notion that we can just replace them with renewable power is misguided and would mean the 15% loss of the state electricity supply, raising electricity prices more than the cost of zero-emission credits. New York upstate nuclear facilities supply thousands of jobs to highly skilled workers and stimulate upstate economies, supporting businesses and schools. Preserving nuclear plants will help New York remain a leader in carbon reduction while retaining well-paying jobs and keeping energy prices low. That is something we should all support.
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