Subsidies for nuclear power plants not popular in New Jersey

A recent poll conducted for the American Petroleum Institute (API) indicates most New Jersey voters object to any possible legislation that would subsidize nuclear plants. 

The results of the poll, released by the New Jersey Petroleum Council, showed 69 percent of Garden State voters – both Republican and Democrat – contest the idea of further backing nuclear power companies with financial incentives, an API release said. The poll was conducted by the Harris Poll.

Nearly three-quarters (74 percent) of those polled concur that New Jersey’s electric power marketplace conditions should not be impacted by specific businesses and 62 percent indicated that vendor competition can yield lower prices more effectively without state government involvement, the release said.

Following the release of the poll results, the New Jersey Petroleum Council, an API affiliate, implored New Jersey elected officials to refuse consideration of any laws potentially impacting consumer costs and worker well-being, the release said.

“Picking winners and losers in the electricity markets by providing subsidies to nuclear plants, or any energy facility, at the expense of consumers would diminish the benefits that clean natural gas has brought to our state,” New Jersey Petroleum Council Executive Director Jim Benton said in the release. “Moving forward, the legislature should reject any measure that would subsidize nuclear plants or any other energy facility at the expense of New Jersey’s consumers, workers and environment.”






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