Newsom, lawmakers agree on plan to extend life of Diablo Canyon nuclear plant

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Newsom, lawmakers agree on plan to extend life of Diablo Canyon nuclear plant
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To pass, the proposal to keep the Diablo Canyon Nuclear Power Plant running needs a two-thirds vote in the state Assembly and Senate, a threshold that can be difficult to reach.

Last week, a competing proposal emerged from Democratic legislators that would use $1.4 billion to speed up development of renewable power and transmission lines, while leaving intact plans to shutter the twin-domed plant by 2025.

PG&E also would need approval to keep running from the Nuclear Regulatory Commission, a process that has not started and sometimes takes years to complete. Cavanagh said it amounted to a risky “blank check” for the utility, and he said his group would oppose the deal. The plant on the coast midway between Los Angeles and San Francisco produces 9% of the electricity for California’s nearly 40 million residents. The legislation also calls for a $1.4 billion forgivable loan for PG&E, and the state earlier set aside up to $75 million to extend operation of older power plants scheduled to close.

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