Home > Notable Peace News > Failing nuclear industry pushing for $23+ billion federal bailout | Beyond Nuclear

Failing nuclear industry pushing for $23+ billion federal bailout | Beyond Nuclear

Beyond Nuclear joined an environmental coalition of 70 groups, representing millions of Americans, in a letter to congressional tax policy committee leadership, urging opposition to this $23-39 billion nuclear power subsidy over the next decade or two. The letter expresses opposition to the Nuclear Powers America Act of 2019 — S. 1134 and H.R. 2314. See the Friends of the Earth press release, posted at CommonDreams, entitled “Failiing Nuclear Industry Pushing for $23 Billion Federal Bailout: A bailout proposed by the nuclear industry would cost tax and ratepayers billions, while starving demand for wind and solar.” See Dr. Mark Cooper’s report “The Endgame for Nuclear Power: A Desperate Push for Subsidies in the 2019 Tax Extenders.” Cooper’s report, and the coalition letter, echo the findings in the World Nuclear Industry Status Report 2019, regarding nuclear power’s decline and its inherent inability to solve the climate crisis (because it takes too long, and costs too much, for starters). Thom Hartmann hosted Beyond Nuclear’s Kevin Kamps on his radio show to discuss these matters, in an episode entitled “Will $23 Billion Nuclear Bailout Cause Nuclear Fallout?” Kamps also discussed this subject matter on his weekly radio show on Sputnik International’s “Loud & Clear.”

 
What can you do? If your Member of Congress includes tax policy committee leadership — Richard Neal (D-MA), Chairman, U.S. House Committee on Ways and Means; Kevin Brady (R-TX), Ranking Member, House Ways and Means; Chuck Grassley (R-IA), Chairman, U.S. Senate Committee on Finance; Ron Wyden (D-OR), Ranking Member, Senate Finance — please contact them directly, and urge their opposition to S. 1134 and H.R. 2314, the Nuclear Powers America Act of 2019.  
 
Otherwise, please contact your U.S. Representative, and both your U.S. Senators, and urge their opposition to S. 1134 and H.R. 2314, the Nuclear Powers America Act of 2019. You can phone your Congress Members’ D.C. offices via the U.S. Capitol Switchboard at (202) 224-3121. [“Burning money” graphic by Gene Case/Avenging Angels]

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