New Jersey OKs $300M annually to rescue nuclear industry

The Washington Post: Legislation that would authorize $300 million annually to rescue New Jersey’s nuclear energy industry — a request for financial help made by the state’s largest utility company — was signed into law Wednesday.

Gov. Phil Murphy, a Democrat, also signed a measure aimed at strengthening the state’s renewable energy goals. The nuclear measure will be funded by ratepayers; the cost of the renewable energy legislation is unclear.

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