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Statement from Jim Benton--the New Jersey Petroleum Council's executive
director--in:
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9.2 format
(59 seconds)
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(BENTON):
"NEW JERSEY'S LAWMAKERS HAVE A CHOICE, RIGHT NOW, BETWEEN EITHER PROTECTING CONSUMERS FROM POSSIBLE SPIKES IN
ELECTRICITY-PRICES--OR, INSTEAD, PROVIDING SUBSIDIES TO NUCLEAR PLANTS, IN ORDER TO BOOST THEIR PROFITS.
THAT'S BECAUSE PROVIDING SUBSIDIES FOR NUCLEAR PLANTS WOULD DISTORT THE COMPETITIVE MARKETS THAT HAVE ALLOWED NATURAL GAS TO PROVIDE AFFORDABLE AND RELIABLE
POWER--TO HOMES AND BUSINESSES ALIKE. INDEED, OUR LATEST POLL FINDS THAT OVER TWO-THIRDS OF NEW JERSEY VOTERS OPPOSE THE LEGISLATURE GIVING SUBSIDIES TO NUCLEAR-POWER
PLANTS--AND THAT THIS OPPOSITION IS WIDELY BIPARTISAN. WE ALSO BELIEVE THAT RUSHING TO CONSIDER MAJOR POTENTIAL LEGISLATION BEFORE THE LEGISLATURE ADJOURNS FOR THE YEAR SETS A DANGEROUS PRECEDENT.
LAWMAKERS SHOULD REJECT THESE EFFORTS TO PROVIDE SUBSIDIES TO NUCLEAR
PLANTS--WHICH WOULD FORCE CONSUMERS TO SHOULDER THE ADDITIONAL COSTS FOR NEW
JERSEY'S NUCLEAR-POWER PLANTS."
