Exelon continues to whore itself to get nuclear subsidies
Utilities ask Congress to 'come to grips' with clean energy requirements by setting nationwide rules
PHILADELPHIA — Some of the nation’s largest electric utilities are calling on Congress to provide uniform rules for clean energy to help them meet self-established goals for reducing carbon emissions.
Utilities convening in Philadelphia this week for the industry’s annual convention hosted by the Edison Electric Institute asked the federal government to pass either a carbon tax or a clean electricity mandate to provide certainty to electricity providers seeking to satisfy public demand for cleaner energy.
“The most efficient thing long-term is for this country at the federal level to come to grips with the situation and allow for markets to be designed that will advance what our customers want,” Chris Crane, the CEO of Exelon, a Chicago-based utility, told the Washington Examiner in an interview.
Crane and other utility leaders have welcomed state initiatives to increase the use of renewables and other zero-carbon sources, such as nuclear power, but they warn that a patchwork of differing policies would complicate utilities’ clean energy plans.
Exelon would benefit from a carbon price or mandate, given it operates no coal and generates the vast majority of its electricity from nuclear power, followed by natural gas. It has lobbied for state policies in states such as Illinois, New York, and New Jersey that have acted to compensate nuclear plants.
Reminder: Exelon>Loop Capital>U1 Scandal? Chicago fuckery at its finest.
Moar:
https://www.washingtonexaminer.com/policy/energy/utilities-ask-congress-to-come-to-grips-with-clean-energy-requirements-by-setting-nationwide-rules