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The News That Matters about the Nuclear Industry Fukushima Chernobyl Mayak Three Mile Island Atomic Testing Radiation Isotope

U.S. Energy Department carefully helping private uranium producers

the additional government supplies in the market could have depressed prices, making it difficult for producers to expand operations……….

Energy Dept cancels surplus uranium transfers

By Tom Doggett

WASHINGTON, Feb 4 (Reuters) – The U.S. Energy Department has canceled plans to put into the market during 2011 extra government-owned surplus uranium supplies, Energy Secretary Steven Chu told Congress on Thursday, Continue reading

February 6, 2010 Posted by | politics, USA | , , , , , | Leave a comment

Future for U.S. Nuclear power industry really is doubtful

Problematically, the Nuclear Regulatory Commission has a policy that does not require newer designs to be substantially safer than old designs,

Where Is Nuclear Power Really Heading?A Look at Obama’s Call for New Nuclear and the Reactors that Might Be Built by  solveclimate Dave Levitan – Feb 5th, 2010 “…..Energy Secretary Steven Chu and the president are making it clear that they intend to move forward. Thus, the question arises: After more than a decade without any new nuclear plants being built in the U.S., what exactly would new nuclear power look like?

Slowed Momentum, Escalating Costs…. Continue reading

February 6, 2010 Posted by | business and costs, USA | , , , , , | Leave a comment

Protest growing against uranium storage plant at Aldermaston

(UK) Anti-nuclear protestors dressed as Romans visit council offices to object to proposed development at AWE Green Reading  5 Feb 2010 A Group of ‘Romans’ visited the West Berkshire Council offices bearing ‘gifts’ of radio-active waste. The Romans were, infact, members of the Nuclear Information Service (NIS), a pressure group, who are protesting against the latest development at the Atomic Weapons Establishment (AWE). Continue reading

February 6, 2010 Posted by | politics, UK | , , , , , , | Leave a comment

Baltic sea: a Radioactive Nuclear Waste Dump?

Sweden wants explanation on Baltic nuclear ‘dumping’ By Damien McGuinness BBC News, Riga 5 Feb 2010
The Russian military allegedly dumped nuclear waste into the Baltic Sea in the early 1990s, according to a report on Swedish television. Continue reading

February 6, 2010 Posted by | EUROPE, secrets,lies and civil liberties | , , , , | Leave a comment

Misleading headlines on nuclear power plants

This week’s Economist/YouGov poll

SOME highlights from this week’s Economist/YouGov poll 5 Feb 2010

“Nearly half of Americans (47%) think nuclear power plants are safe.”

Christina Macpherson's websites & blogs

Now that could more logically be headed “More than half of Americans do not think that nuclear power plants are safe”

February 6, 2010 Posted by | spinbuster, USA | , , | Leave a comment

Wind industry thriving in Europe, Nuclear declining

“in Europe, more nuclear and coal capacity were decommissioned than installed in 2009,”

Wind beating nuclear and coal  in europe CleanTech February 4, 2010 – by Dallas Kachan More signs of the ascendancy of renewables and the waning of conventional energy, at least in Europe, according to two new reports:

  1. Wind installations were up dramatically in 2009 despite the recession, driven by China, and accounted for the largest proportion of new power installations in the world, says one report, and
  2. In Europe, more nuclear and coal capacity were decommissioned than installed in 2009, according to the other Continue reading

February 5, 2010 Posted by | renewable | , , | Leave a comment

Obama beholden to nuclear industry’s donations and backing?

Obama’s Nuclear Giveaway, Mother Jones 4 Feb 2010  By Kate Sheppard

“………..nuclear interests have been keen boosters of his political career: Executives and employees of Exelon, the Illinois-based utility that produces approximately 20 percent of the country’s nuclear power, donated nearly $210,000 to Obama’s presidential campaign, according to CQ Moneyline.

In fact, Obama’s chief of staff, Rahm Emanuel, helped broker the merger of two utiltilies to form Exelon in 2000 when working as an investment banker at Wasserstein Perella & Co. Obama’s chief political strategist, David Axelrod, consulted for an Exelon subsidiary periodically between 2002 until he started working on the Obama campaign. Exelon officials Frank M. Clark and John W. Rogers Jr. have been among his biggest fundraisers, and Obama has also received donations from John Rowe, Exelon’s chairman. Rowe also heads NEI, is a key player in a business-environmental coalition pushing for climate legislation, and has been selected to serve on the DOE’s panel on nuclear waste. Continue reading

February 5, 2010 Posted by | secrets,lies and civil liberties, USA | | Leave a comment

Cameco, Exelon, USEC, – Nuclear and Uranium Stocks are Losers

Top Nuclear Stocks Losers (NYSE: CCJ,EXC,USU) Trak In, Business and Finance News by EIN, 2010/02/05 Dallas, Tx – Cameco Corporation (USA) (NYSE:CCJ) went down 2.94% to $27.37 on 2.29 million shares. The stock hit an intraday high and an intraday low of $28.30 and $27.34 respectively. In the last six months the stock went down over 6%. Cameco Corporation is a Canada-based company. The Company, along with its subsidiaries, is engaged in the exploration, development, mining, refining, conversion and fabrication of uranium for sale as fuel for generating electricity in nuclear power reactors in Canada and other countries. Continue reading

February 5, 2010 Posted by | 2 WORLD, business and costs | , , , , , , , | Leave a comment

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. Continue reading

February 5, 2010 Posted by | politics, USA | , , , , , , , | Leave a comment

Activists get deep inside U.S. Nuclear Weapons Site in Europe

U.S. Nuclear Weapons Site in Europe  Breached By Hans M. Kristensen FAS Stategic Security 4 Feb 2010

A group of people last week managed to penetrate deep onto Kleine Brogel Air Base in Belgium where the U.S. Air Force currently deploys 10-20 nuclear bombs. Continue reading

February 5, 2010 Posted by | EUROPE, safety | , , , , , | 1 Comment

Tax-payers giving a blank check to the U.S. nuclear industry?

“With hundreds of billions in bailouts already on the shoulders of US taxpayers, the country cannot afford to move forward with a program that could easily become the black hole for hundreds of billions more,” The Senate energy bill approved by the Energy and Natural Resources Committee last June would create a Clean Energy Deployment Administration (CEDA) within the DOE that could distribute a virtually unlimited number of loan guarantees without any congressional oversight.

Obama’s Nuclear Giveaway, Buried in the budget is a plan to underwrite the nuclear industry’s revival.

Mother Jones 4 Feb 2010  By Kate Sheppard

“… the Obama administration’s 2011 budget proposes tripling the loan guarantee program—from the $18.5 billion that Congress has already approved to $54.5 billion. The program’s expansion is just one of several signs that the Obama administration is throwing its muscle behind the nuclear industry’s push for a massive expansion. Continue reading

February 5, 2010 Posted by | politics, USA | , , , , | Leave a comment

$Billions for Nuclear Power Sneaked into the U.S Climate Bill

Nuclear’s Slice of the Climate Pie— Mother Jones, Feb. 3, 2010 By Kate Sheppard

Senators hoping to pass a climate and energy bill this year have listed increased support for nuclear power as one of the major enticements for Republicans and apprehensive Democrats to back the legislation. Continue reading

February 5, 2010 Posted by | climate change, USA | , , , , , , | Leave a comment

Unnecessary nuclear and uranium projects get $billions in U.S. budget

POGO is Shocked by Wasteful Spending in DOE Budget

Project on Government Oversight, Ingrid Drake, 4 Feb 2010 In the midst of initiating a federal spending freeze, it is shocking that President Obama’s FY 2011 Budget Request released this week pours billions of dollars into two unnecessary nuclear weapons construction projects. There is no demonstrated requirement for either the Uranium Processing Facility (UPF) at the Y-12 National Security Complex nor the Chemical and Metallurgical Research Replacement Nuclear Facility (CMRR-NF) at the Los Alamos National Laboratory (LANL).

“Contrary to the spin, neither of these facilities are needed to ensure the safety, security and effectiveness of our weapons,” says Peter Stockton, POGO Senior Investigator.

In addition, DOE does not even have an estimated cost for completing the projects, as the budget describes their total costs as “TBD.” “To Be a Disaster,” is what POGO fears that term means, based on DOE’s atrocious record of soaring construction costs and overruns. For example, the cost of the Highly Enriched Uranium Manufacturing Facility (HEUMF) at Y-12 ballooned from $97 million to $549 million. The National Ignition Facility (NIF) project also experienced dramatically increased costs and delayed completion dates. The Department of Energy sold the NIF to Congress in the early 1990s with a reported cost estimate of $700 million and an original completion date of 2002, yet its most recent cost estimate is $5-6 billion with a completion date of 2010 — more than 600 percent over budget and at least 8 years behind schedule.

Despite the 10 percent spending increase on the nation’s nuclear weapons budget, one of the only areas to see reduced growth is the budget for weapons dismantlement, which was sliced almost in half….http://pogoblog.typepad.com/pogo/2010/02/pogo-is-shocked-by-wasteful-spending-in-doe-budget.html

February 5, 2010 Posted by | politics, USA | , , , , , , | Leave a comment

Chernobyl taking in money, giving out radiation

Chernobyl: Leaking radiation and sucking up Canadian money Thirteen years after Canada and other nations pledged $768-million to render the destroyed nuclear reactor safe, the cost has ballooned to $2-billion and the job still isn’t done
KievTHE GLOBE AND MAIL Doug Saunders  Feb. 03, 2010

Almost a quarter-century after its explosion killed hundreds and shocked the world, the Chernobyl nuclear reactor still sits crumbling amid an uninhabitable wasteland in northern Ukraine, still emits surprising amounts of radiation, and still absorbs vast amounts of money. Continue reading

February 4, 2010 Posted by | environment, Ukraine | , , , , , , | Leave a comment

Bleak prospects for uranium price

An Un-Happy New Year For Uranium2/02/2010 Nine MSN By Andrew Nelson January was tough on uranium, with U3O8 prices dropping more than 5%, or US$2.25/lb to $42.25/lb from the prior month. The price is now at its lowest level since March 2009.The fairly steady decline that has been seen over the past few months is primarily the function of supply and demand fundamentals, with a high availability of stock not being helped by increasingly low-priced supply and light, mostly discretionary demand………….with demand remaining discretionary in nature, buyers are only really moving to lock in lower prices. Unfortunately, this demand is being met by an ever increasing willingness on the part of some sellers to lower prices further in order to close sales.

An Un-Happy New Year For Uranium

February 4, 2010 Posted by | 2 WORLD, business and costs | , , , | Leave a comment