Report: Nuclear Received 4 Times More Subsidies Than Solar in CA

Greentechmedia

By HERMAN K. TRABISH
August 28, 2013

“Fed­eral dol­lars per new megawatt-​​hour for dis­trib­uted solar are infi­nitely lower.”

California’s nuclear energy indus­try has received four times more fed­eral sup­port than the state’s dis­trib­uted solar builders over a period six times as long, accord­ing to a new report.

California’s nuclear power sup­pli­ers have ben­e­fited from over $8.21 bil­lion (in 2012 dol­lars) in sub­si­diza­tion over the last half cen­tury,” accord­ing to the report Ask Saint Onofrio: Find­ing What Has Been Lost in a Tale of Two Energy Sources by Nancy E. Pfund and Noah W. Walker of Sil­i­con Val­ley ven­ture cap­i­tal firm DBL Partners.

See the full arti­cle at Green­tech­me­dia