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Peter Welch: “With the lower cost of gas, natural gas, that's really…”

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 06:49

… in permitting, the expense of that delay is passed on to the taxpayer is just a monstrous bill that makes them economically, I think, unjustifiable. The second thing is that With the lower cost of gas, natural gas, that's really having an adverse impact on the market power of these nuclear generators. And that was a major reason why the plant in Vermont is being closed. Is that the entergy, the owner came to the conclusion that it wasn't economically feasible to keep it going, even though they actually had a shot at doing that. (06:49–07:03)

CLAIM

Asserts that low natural gas prices negatively affect the competitiveness of nuclear power.

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