Contact: Matt Fossen | matt@stuloeser.com

Statement on Joint Hearing Regarding New Jersey Nuclear Strategy: “With all the Available Evidence and Existing Regional Systems in Place, There is Simply No Reason to Cut a Special Legislative Deal with PSEG”

Trenton, NJ — Matt Fossen, spokesperson for the New Jersey Coalition for Fair Energy, released the following statement today in response to a joint hearing held by the Senate Environment and Energy Committee and the Assembly Telecommunications and Utilities Committee on nuclear energy policy and strategy:

“There aren’t many issues that AARP, environment organizations, consumer advocacy groups, and power producers agree on, but one thing is clear after today: we all know a special deal for PSEG will be a costly disaster for New Jersey ratepayers. The facts are simple: PSEG’s nuclear units have earned windfall profits, don’t need a subsidy, and giving them one would create a multi-billion dollar tax hike for New Jersey consumers. With all the available evidence and existing regional systems in place, there is simply no reason to cut a special legislative deal with PSEG.”

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