U.S. Congress to consider funding for locations affected by nuclear plant closures

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In similar fashion to the state of California, the United States federal government could attempt to secure funding for agencies in areas like San Luis Obispo County that are taking hits to their budgets as a result of the decommissioning of nuclear power plants.

An annual appropriations bill that recently passed the United States House and Senate calls for the Department of Energy to study potential funding sources for municipalities affected by the decommissioning of nuclear plants. The study will focus on identifying public and private funds to support impacted municipalities, Congressman Salud Carbajal said.

“With the impending Diablo Canyon Power Plant closure, I am working to secure all available federal resources to help offset the economic impact of this decommissioning,” Carbajal said in a statement. “With this significant challenge also comes an opportunity to designate the Central Coast a renewable energy hub, by attracting new businesses that provide good-paying jobs in our community.”

Carbajal also touted legislation he introduced earlier this year to create energy opportunity zones for the renewable energy industry in regions impacted by nuclear power plant closures. The legislation would extend tax credits and introduce a new credit to encourage renewable energy business development in SLO County.

Last month, the California Legislature passed a bill that would award an $85 million settlement package to local agencies as compensation for lost tax revenue as a result of the closure of Diablo Canyon. The bill has yet to be signed by Gov. Jerry Brown.

 

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2 Comments about “U.S. Congress to consider funding for locations affected by nuclear plant closures”

  1. Rich in MB says:

    And the Government Welfare Tit expands to the Happiest City.

    Why should taxpayers in other States subsidize the 1%-ers living on the Central Coast?

    1. obispan says:

      I was at SLOSH when Diablo was under construction and then came-on line. $5,000,000,000 taxable to the schools, all SLUCSD. Richest per capita district in California, if not the world (Lucia Mar thought they’d get a cut, but they got screwed). We had student assemblies for the express purpose of “what do you want?”, a $70,000 mobile photography darkroom in addition to the multi-room one built into the high school?. Along with the planetarium, one of five in high schools in the US? Two different free bus cycles in the morning and after school to accommodate before and after school club and sports activities. It was fun, and SLCUSD employees are the highest paid, anywhere, but I don’t think utility ratepayers have an obligation to support you in the manner to which you have been accustomed to.

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