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Stock impact report

Diablo Canyon clears last California permit hurdle to keep running [Los Angeles Times (CA)]

Pacific Gas & Electric Co. (PCG) 
Last pacific gas & electric co. earnings: 5/1 08:21 am Check Earnings Report
US:NYSE Investor Relations: finance.yahoo.com/quote/pg
The Pacific Gas & Electric-owned plant was originally supposed to shut down in 2025, but lawmakers extended that deadline by five years in 2022, fearing power shortages a the plant that provides about 9 percent the state's electricity were to shut off. In December, the Diablo Canyon received a key permit from the California Coastal Commission through an agreement that involved PG&E giving up about 12,000 acres of nearby land for conservation in exchange for the loss of marine life caused by the plant's operations. Today's 6-0 vote by the Central Coast Regional Water Board approved both PG&E's plan to limit discharges of pollutants into the water and to run its “once-through cooling system” which flushes ocean water through the plant to absorb heat, killing over a billion fish each year. The board also granted the plant a certification under the Clean Water Act, the last regulatory hurdle the facility needed to clear before the federal Nuclear Regulatory Commission decides wheth Show less Read more
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