Diablo Canyon Lifeline: Newsom’s $1.4B Loan May Leave CA Holding $588M Tab
Despite pledges of full federal reimbursement, a shortfall may leave taxpayers covering nearly 42% of the state’s loan to keep Diablo Canyon operating. In a bold move two weeks before the close of the 2022 legislative session, Gov. Gavin Newsom pushed through a $1.4B state loan to keep California’s last nuclear power plant, Diablo Canyon, operating until 2030—well...