According to the article “Olsen pushes for reviving VY revenue” published in the Brattleboro Reformer on March 20, Representative Olsen has proposed legislation that would allow the state to collect revenue from Vermont Yankee after March 21, the date of its original license expiration. A portion of that revenue would be used to offset the economic damage done to the region once the plant closes.
The same article contained a quotation from Former House Speaker Stephen Morse, now chairman of the Post-VY Task Force: “Earlier this month, the task force released a report highlighting the substantial economic impact of Yankee’s eventual closure and the need to begin preparations for a transition now.”
Some individuals believe that Vermont should continue to collect funds from VY, even after the State voted to close it, and it has been proven that the closure of VY will have a negative impact on the local economy. Given these considerations, perhaps closing Vermont Yankee immediately is not the best policy.
When I combine this information with the recent announcement that the Vermont Energy Plan is not meeting its planned milestones for new renewable sources, it makes sense that continued operation of Vermont Yankee is the best way to support renewables.
For 40 years Vermont Yankee has provided carbon free electricity and has provided economic stability to the region through jobs, taxes, and related spending. By supporting continued operation of VY, the region will reap those benefits, as well as have the necessary time to plan for our economic and energy future, post VY. It seems to me that the decision is simple: Vermont Yankee is good for Vermont, and good for the region.
– Richard January
Notes & Events
Tuesday, April 10: Gubernatorial Candidate Randy Brock speaks at the Orange County Republican Dinner in Randolph, Our Lady of the Angels Catholic Church. 43 Hebard Hill Rd. (Route 66), Randolph, VT $10/person, $5/person for guests who are first time attendees. Bring a guest!!
Thursday, April 12: Shelburne Republicans host Jack Lindley, new chair of State Republican Party, at 7:30 am meeting at Dutch Mill Restaurant, Shelburne. All are welcome.
Saturday April 14th: Castleton Republican breakfast at the Trak-In on Route 30 in Bomoseen, VT. Breakfast at 8:30 am followed by Guest Speaker Senator Randy Brock. RSVP to Castletonrepublicans@yahoo.com or for additional info contact Al Gustafson at 802-273-3954.
Wednesday April 18: Ethan Allen Institute’s 19th annual Jefferson Day Event, 7:30 PM, Sheraton Burlington – University Amphitheatre. EAI Founder John McClaughry will speak on “Mr. Jefferson’s Economy.” Governor Jim Douglas will introduce John McClaughry.
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