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Monday, September 12, 2022

Commentary: Nuclear Power Is Making a Big Comeback All Around the World

The Wall Street Journal recently reported that California Gov. Gavin Newsom was spearheading an eleventh-hour effort to pass legislation to extend a lifeline to Diablo Canyon, a 2,250-megawatt nuclear plant that supplies some 8 percent of the energy produced in the Golden State. 

Under pressure from lawmakers and environmental activists, the Pacific Gas and Electric Company (PG&E) agreed in 2016 to decommission Diablo when its operating licenses expire in 2024 and 2025. But in light of the recent energy policy environment, California lawmakers had second thoughts.