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UK Conservative Party produces financially impossible nuclear power plan

“Huge amounts of private sector investment will be needed to deliver this energy infrastructure.”

Tory energy policy given lukewarm response by energy analysts,  Energy analysts have criticised Tory plans to effect the biggest shake-up of Britain’s energy policy in a generation as “verging on the impossible”. Telegraph, By Louise Armitstead 19 Mar 2010 “……….. Central to the Conservatives’ policy document, called Rebuilding Security, are plans to fast-track the building of nuclear power plants but allowing their construction to be approved directly by Parliament to avoid lengthy delays by protesters. Continue reading

March 20, 2010 Posted by | politics, UK | , , , | Leave a comment

USA anger at Russia’s support for Iran’s nuclear plant

Clinton, Lavrov Clash Over Iran Nuclear Plant   Antiwar.com by Jason Ditz, March 18, Visiting Russia today with an eye toward negotiating a nuclear arms reduction treaty, Secretary of State Hillary Clinton instead harangued Russian Foreign Minister Sergei Lavrov over Iran’s civilian nuclear program.Secretary Clinton called on Russia’s government to stall the completion of the Bushehr nuclear power plant in southern Iran until further notice. Russia is constructing the plant, and expects it to be completed this summer.

Clinton, Lavrov Clash Over Iran Nuclear Plant — News from Antiwar.com

March 20, 2010 Posted by | politics international, Russia | , , , | Leave a comment

Depleted uranium used by Israel in Gaza

Israel used depleted uranium ammo during last war in Gaza – experts, The Voice of Russia, Mar 19, 2010, Israel used depleted uranium ammunition during its Cast Lead military operation in Gaza in the winter of 2008-2009. According to the Al-Hayat newspaper, this follows from forensic studies of Palestinians’ bodies by Italian experts. Continue reading

March 20, 2010 Posted by | depleted uranium, Israel | , , , , , | Leave a comment

Enexus Nuclear Power Company Will Be Financially Unstable

The New York Public Commission staff has concluded that Entergy’s proposed spinoff is not in the public interest, and that the new company will be too debt-burdened and financially unstable.

Nuclear “SpinCo”, t r u t h o u t , 18 March 2010 by: World Business Academy, Rinaldo Brutoco  and Madeleine Austin, The nuclear industry, like Wall Street, knows how to make money with other people’s money: move liabilities off balance sheet, use lots of borrowed money and leverage, don’t worry about loading too much debt onto the company as long as insiders can walk away with plenty of money and look to the fool taxpayer to cover the losses. Continue reading

March 20, 2010 Posted by | spinbuster, USA | , , , , , | Leave a comment