Legislation to Mitigate Impact of Diablo Canyon Closure Goes to the Governor

August 20, 2018

(SACRAMENTO, CA) – Today, Senate Bill (SB) 1090, authored by Senator Bill Monning (D-Carmel) and Assemblyman Jordan Cunningham (R-San Luis Obispo), which would mitigate the impact of the Diablo Canyon plant closure, passed off of the Assembly Floor and is on its way to the Governor.
 

“The Legislature has shown its support for the San Luis Obispo community and the workers at Diablo Canyon by passing SB 1090,” Senator Monning said.  “I am hopeful that Governor Brown will also be supportive of the safe, reliable, and carefully planned retirement of the Diablo Canyon Nuclear Power Plant and sign SB 1090.  The bill is imperative to the local economy, the state’s energy grid, and the region.”

 

“The closure of Diablo Canyon is a major hit to our community and will be felt for decades,” said Assemblyman Cunningham. “While we can’t fully replace the economic benefits and energy created by Diablo Canyon, this bipartisan bill will help cushion the blow for the Diablo workforce and our community.”

 

For years, Diablo Canyon has provided an emissions-free energy supply to consumers – making up 10 percent of the state’s energy portfolio.   Additionally, the plant contributes an estimated $1 billion to the economy, including thousands of jobs.

 

SB 1090 calls on the CPUC to approve elements of the Joint Proposal, as modified by the community impact mitigation settlement, which was submitted as part of the Diablo retirement application; requires the CPUC to approve the community impact mitigation settlement of $85 million; and requires the CPUC to approve full funding of the $350 million employee retention program.

 

The Governor has until September 30, 2018, to sign or veto SB 1090.   

 

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