California legislators break with Gov. Newsom over loan to keep state's last nuclear plant running

California legislators break with Gov. Newsom over loan to keep state's last nuclear plant running

SeattlePI.com

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The California Legislature is signaling that it could cancel a $400 million loan payment to help finance a longer lifespan for the state’s last nuclear power plant. The votes in the state Senate and Assembly exposed a rift with Democratic Gov. Gavin Newsom, who says a longer run for the Diablo Canyon plant is critical to maintaining reliable power supplies. The dispute is part of continuing negotiations over a new state budget. The state has endorsed a five-year extension for the plant beyond a planned closing by 2025. Legislators want more information on repayment of state loans by operator Pacific Gas & Electric.

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