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Peter Welch: “The plant in Vermont is being closed because the owner…”

Featuring: Peter Welch, Democratic | U.S. Senate, Vermont

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Rep. Peter Welch on House GOP's Climate Change Denial

Published | Video Starts at 07:02

The second thing is that with the lower cost of gas, natural gas, that's really having an adverse impact on the, on the market power of these nuclear generators. And that was a major reason why The plant in Vermont is being closed because the owner concluded it wasn't economically feasible to keep it going. even though they actually had a shot at doing that. So I think the economics of nuclear power, not just the safety issues, make it, not make it unlikely that it's going to be the path forward. (07:02–07:08)

CLAIM

Asserts that the Vermont plant closure is due to economic infeasibility.

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