NY Nuke Plant Subsidies Will Likely Face Legal Battle
Law360, New York (August 2, 2016, 8:35 PM EDT) -- Nuclear plant subsidies offered by New York state as part of its revised clean energy program will likely face court challenges, with critics' primary ammunition likely to be the U.S. Supreme Court's recent decision that plant subsidies offered by Maryland usurped federal authority over wholesale electricity markets, experts say.
The clean energy standard unveiled by the state Public Service Commission on Monday — which calls for the state to have half its electricity come from renewable sources by 2030 — also requires all six New York investor-owned utilities and other electricity suppliers to buy zero-emission credits starting in April 2017 that will...
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