Guest essay by Eric Worrall
Huffpost has published a very supportive post, about New York State embracing nuclear power as an equal player in the low carbon energy game.
The Game Changer: New York’s Clean Energy Standard and Nuclear Energy
For years, I’ve said that when it comes to the challenge of fighting climate change, we will need every tool available to reduce carbon pollution and create opportunities for new clean energy technology.
Yet, despite a world that demands more carbon-free energy – not less – public policies have left some of the tools in the toolbox. Until now.
In August, with the help of Governor Andrew Cuomo’s leadership, the New York State PSC took unprecedented action in passing a Clean Energy Standard that, in addition to ensuring ample opportunity for more wind, solar, and energy efficiency, recognizes the important role of existing carbon-free nuclear power. This is a game-changer: never before has nuclear received economic credit for its environmental benefits.
New York State is now the first government to include nuclear in its clean energy policy, providing a mechanism that will help keep New York’s nuclear energy plants open. In the wake of an energy market that did not previously adequately value this power, the state faced the very real prospect of having these plants shut down.
Last month’s news represents a meaningful step in the fight against climate change that will impact our energy policy outlook for decades to come. This is a worthwhile cause that Governor Cuomo should be acknowledged for undertaking, not only for the sake of cleaner air, but for establishing a common sense and fair policy of recognition for nuclear that ensures that nuclear power remains a vital component of our clean energy strategy for years to come.
Whatever your position on global warming, this development is bad news for Renewables. Who in their right mind will lend money to finance new renewable installations, when nuclear power now offers the same access to carbon subsidies, without the uncertainty?