Nuclear Subsidies

Natural gas and oil are a part of an all-of-the-above energy strategy that is important for the future success of our state and our country. This means not artificially shutting off or blocking out any particular form of energy. But it also means that select industries shouldn’t get special treatment along the way.

The energy renaissance that development of natural gas from the Marcellus shale and other similar stores of energy across the country has helped make America the world’s leading producer of natural gas. It has also helped to drive down the price of natural gas and oil to new levels of affordability.

Recently some states have proposed taxpayer-funded subsidies for the nuclear energy industry,  including New Jersey, Ohio, and Connecticut. Illinois and New York passed similar nuclear subsidies in 2017.  And, the Federal Energy Regulatory Commission recently rejected a proposal from Energy Secretary Rick Perry to provide federal subsidies to nuclear power, as well as coal power.

A poll from August of 2017 showed that upward of 84 percent of Pennsylvanians reject the idea of providing taxpayer-funded subsidies to nuclear energy.

While an all-of-the-above energy solution is the right way to go, we should also strive to avoid having government unfairly tip the scales in favor of this form of energy of that one. And that’s what subsidizing nuclear energy would do.