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Obama’s big financial gamble on nuclear power

The government backing of the Georgia project is a major financial gamble, but the White House seems to see it as worth the risk politically………..
The case the administration has made is that they will give Republicans more nuclear power, offshore oil and gas drilling, and incentives for coal, if they will accept a cap on carbon emissions and investments in renewable energy.

Obama’s risky nuclear renaissance The Guardian, Kate Sheppard 17 February 2010 Barack Obama’s promise to fund new nuclear power plants is a major financial gamble – and US taxpayers will foot the bill Continue reading →

February 17, 2010 Posted by | climate change, politics, USA | , , , , | Leave a comment

France deliberately exposed soldiers to nuclear radiation

French soldiers used as ‘nuclear guinea pigs’ The Age MICHEL MOUTOT February 17, 2010 – France used soldiers as guinea pigs in nuclear tests in the 1960s, deliberately exposing them to radiation from atomic blasts to test the effects, according to a report revealed on Tuesday.

The secret military report, obtained by AFP, said that between 1960 and 1966 France sent troops onto Algerian desert test sites “to study the physiological and psychological effects caused on humans by an atomic weapon.” Continue reading →

February 17, 2010 Posted by | France, secrets,lies and civil liberties | , , , , , , | Leave a comment

Movement grows to stop NASA’s radiation monkey experiments

NASA’s proposed experiments would inundate these tiny monkeys – only a foot tall – with one massive burst of gamma radiation equal to a 3-year journey to Mars and back.

Celebrities Speak Against NASA’s Monkey Radiation Experiments Your Story  SAN RAFAEL, Calif., Feb. 16 /PRNewswire/ — In Defense of Animals (IDA), an international animal protection organization with over 85,000 members, today released letters from celebrities opposed to NASA-funded experiments. Continue reading →

February 17, 2010 Posted by | Religion and ethics, USA | , , | Leave a comment

U.S. Energy Secretary does not understand nuclear power’s financial risk?

Chu said he was not aware of a Congressional Budget Office study showing that the chances of default on these loans are “very high—well above 50 percent.

Energy Sec Unaware That Nuclear Loans Have 50 Percent Risk of Default— Mother Jones By Kate Sheppard| Tue Feb. 16, 2010 The Obama administration on Tuesday announced a loan guarantee for thefirst new nuclear reactor to be built in the US in decades—part of a planned $54.5 billion program to kickstart a nuclear revival using government-backed loans. Continue reading →

February 17, 2010 Posted by | politics, USA | , , | Leave a comment

Terrorist plot targeted Australia’s only nuclear reactor?

possible targets for bombings included the Lucas Heights nuclear facility.

Terrorism tools still missing, says judge Sydney Morning Herald MALCOLM BROWN February 16, 2010 A ”WIDE RANGE” of materials collected by conspirators in a terrorism case has not been recovered by authorities and may be used by others bent on terrorism offences, a Supreme Court judged has warned. Continue reading →

February 17, 2010 Posted by | safety | , , , , | Leave a comment

Complicated politics of Obama’s nuclear push

The Green Politics Behind Obama’s Boost for Nuclear Power – TIME 17 Feb 2010 By spending billions to back the nuclear industry, the White House may be able to get some Republican support for the floundering climate and energy bill, which would put a limit on greenhouse gases……… Continue reading →

February 17, 2010 Posted by | politics, USA | , , , , | Leave a comment

Uranium company made losses

First Uranium posts Q3 loss on higher costs, forex loss Feb 16 (Reuters) – First Uranium Corp (FIU.TO) posted a quarterly loss, hurt by higher corporate expenses and a $7.4 million foreign currency loss.

For the third quarter ended Dec. 31, the company reported loss of $14.4 million, or 9 cents a share, compared with a profit of $1.3 million, or 1 cent a share, a year ago……… In January, South African authorities withdrew environmental authorization for a new tailings storage facility at First Uranium’s key Mine Waste Solutions tailings recovery project.

UPDATE 1-First Uranium posts Q3 loss on higher costs, forex loss | Reuters

February 17, 2010 Posted by | business and costs, South Africa | , | Leave a comment

Israeli attack imminent, says Ahmadinejad

Ahmadinejad claims Israel will attack within months Caledonian Mercury February 16, 2010 by Andrew McLeod ·Iranian President Mahmoud Ahmadinejad is expecting an Israeli attack in the Middle East in the coming months. Continue reading →

February 17, 2010 Posted by | Iran, weapons and war | , , | Leave a comment