Dear friend,

The largest nuclear power company in the country--Exelon--now wants to get out of the nuclear energy business. This ought to be a great day, right?

But here’s the problem: Exelon isn’t proposing to shut its reactors down and replace them with renewable energy, as it should. Instead, it is pushing one of the largest, most dangerous corporate schemes in history: to “spin-off” its fleet of 23 aging, uneconomical reactors to a completely new, totally separate company currently called “SpinCo”. 

ACT NOW: Say NO to Exelon's dangerous nuclear spin-off scheme!

This new company will be under even greater pressure to cut costs on nuclear safety while operating a fleet of aging, embrittled reactors. And it will put five states and dozens of communities at greater risk of meltdowns and abandoned, radioactive sites when the reactors close down. 

Exelon is proposing this spin-off because it no longer sees a future in nuclear power. It is increasingly risky and uneconomical. So Exelon has decided to get rid of its nuclear power plants because no other company sees a future in them either. Transferring them to a new corporation that will only own 23 uneconomical reactors places us all at immense risk.

But here’s the deal: Exelon needs government approvals for its risky spin-off scheme to succeed. The Nuclear Regulatory Commission and the New York State Public Service Commission (NY PSC) are both accepting public comments on Exelon’s proposals--they need to hear from you, today!

Tell Federal & State Regulators--Protect the Public not Exelon’s Bottom Line

If Exelon gets away with this, it will set precedent for the rest of the nuclear industry. Other nuclear power companies could follow suit--dodging their responsibilities and putting all of the risk on the public. This is a fight for all of us.

 

Thanks for all you do!

 

The NIRS Team

Diane D’Arrigo

Denise Jakobsberg

Tim Judson

Ann McCann

Hannah Smay

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Nuclear Information and Resource Service
6930 Carroll Avenue Suite 340 | Takoma Park, Maryland 20912
3012706477 | nirs@nirs.org | nirs.org

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