Biden gives PG&E $1 billion to keep the Diablo Canyon nuclear plant open
Obama has been making promises to renewable energy sources like wind and solar that the country can be powered by in the foreseeable future. With the support of the GOP, he gave money to prop up coal and nuclear energy sources in order to give them time to expand. It’s one of the few times Obama has broken an election promise. The American people aren’t stupid, and they know what they’re doing. The fact that PG&E will use their own money to bail out the bankrupt utility company (and is a subsidiary of Berkshire Hathaway) is a reason to be suspicious!
How many nuclear reactors could we build?
The new plant will be larger than its original design called the Diablo Canyon nuclear plant in southern California that was supposed to be destroyed in the wake of its catastrophic failure in 1990.
The new plant will produce 1,000 megawatts of electricity, or enough to power nearly 400,000 households.
The original plant, which was supposed to be constructed in the San Fernando Valley, was to be used to provide clean, nuclear power for the city of Los Angeles, and to serve as a backup for power in the event of a terrorist attack on the nuclear power plants of California’s neighbor to the east, San Francisco.
Instead, its original design was so dangerous to the public that it was scrapped in 1993.
That means the new plant is going to be used to provide clean, nuclear power for all of California, all the time, which means that it will be operated in a way that nobody – including you – wants.
The new plant, located just south of San Diego, will consist of two reactors, each at an output of 1,000 megawatts.
In addition to the new plant, the state Legislature on Friday approved $1.07 billion in long-term loans that will provide about $1.7 billion for an emergency response that would allow the state to continue burning fossil fuels at the Diablo Canyon plant.
The bill passed by the Democrat-led Senate on Friday also directs the state’s Department of Water Resources to draw down $1.25 billion in emergency water resources at the plant over the next 15 years.
The bill now heads to the Democratically-run Assembly.