Stephen Chu’s religious faith that a nuclear waste solution will be found

(Despite 60 years of fruitless search ) “Chu, testifying to the panel members on the budget proposal, maintained that “we’re going to have a solution to nuclear, the backend fuel issue…”

GOP: Chu Sending Mixed Signals on NuclearEnergy and Environment National Journal  Amy Harder
February 4, 2010

Republican senators today accused Energy Secretary Steven Chu of sending mixed signals to the nuclear industry. His department’s FY2011 budget proposal calls for $36 million in loan guarantees for nuclear power yet eliminates funding for the nuclear waste repository site at Yucca Mountain.

That, according to Sen. Richard Burr, R-N.C., doesn’t send an encouraging signal to the investment community. “If private investors don’t see an answer to nuclear waste, they might feel some way responsible for the storage,” Burr told Chu at an Energy and Natural Resources Committee hearing this morning.

Chu, testifying to the panel members on the budget proposal, maintained that “we’re going to have a solution to nuclear, the backend fuel issue……”But temporary storage does not meet the requirement for shareholders to aggressively invest in build-out of nuclear generation,” argued Burr,…..The panel’s top Republican, Lisa Murkowski of Alaska, said she sees a “disconnect” between President Obama‘s State of the Union address and DOE’s budget…”This leaves us without a viable repository option at this point and exposes taxpayers to billions in liability for the government’s breach of contract.”…http://energytopic.nationaljournal.com/2010/02/gop-chu-sending.php

February 5, 2010 - Posted by Christina Macpherson | politics, USA | antinuclear, nuclear, nuclear costs, nuclear secrecy, nuclear spin, nuclear wastes, radiation, radioactive