Why might PG&E decide to destroy Diablo Canyon when it’s almost paid off?
BY: William Rodgers “Why would PG&E decide to destroy Diablo Canyon during its (I would think) period of highest ROI?” Because they can “earn” a higher ROI by switching to natural gas-fueled power plants that are supplemented by federally subsidized wind and solar. The stockholders will earn a guaranteed return on subsidized wind and solar….