California OK’s $1.4 Billion Loan to Keep Last Nuclear Plant Open

Aerial view of the Diablo Canyon Nuclear Power Plant, which sits on the edge of the Pacific Ocean at Avila Beach in San Luis Obispo County, Calif., on March 17, 2011. Mark Ralston/AFP via Getty Images

Fearing more rolling blackouts in California as green energy supplies fall short, state lawmakers have agreed to spend $1.4 billion to keep the state’s last functioning nuclear power plant running.

The state Legislature passed a bill Sept. 1, supporting Gov. Gavin Newsom’s push to reverse plans to close Diablo Canyon Nuclear Power Plant by 2025.