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Oil disaster does not augur well for uranium amd nuclear industry

One virtually certain outcome of the environmental disaster currently blackening the Gulf of Mexico is that federal regulators will take a harder line on enforcement of environmental regulations. Uranium miners are likely to be particularly hard hit because there isn’t a person in the US who doesn’t fear the consequences of radiation exposure…….Playing fast and loose with the environment is no longer a winning strategy.

Uranium Miners Get Some Good News and Some Bad  24/7 Wall St., Paul Ausick, June 1, 2010 “....The first installment of the investment will help USEC to continue its deployment of its American Centrifuge Plant which produces enriched uranium for use in nuclear power generation. The cash will also help support USEC’s $2 billion loan guarantee application with the US Department of Energy. The not-so-good news for uranium companies was delivered Continue reading →

June 2, 2010 Posted by | business and costs, USA | , , , | Leave a comment

Small scale renewable energy to benefit from bank pledge

Community groups and smaller developers eager to utilise the Government’s new feed–in tariffs regime would benefit from the fund

Co-op bank pledges £200m to UK renewables,  guardian.co.uk,   by Zara Maung 1 June 2010, Extra funding for renewable energy will be welcomed as project financing gets tougher The Co-operative Bank increased its support for renewable energy today, by pledging to lend an additional £200 million to the sector in 2010.

The bank also committed to expanding its UK specialist renewables team in Manchester and creating Scotland–based teams at its corporate banking centres in Edinburgh and Glasgow. The investment follows a £400m renewable energy fund set up by the Co-op in 2007, Continue reading →

June 2, 2010 Posted by | business and costs, UK | , , , , , , | Leave a comment

Potential for wind and solar power to provide electricity for 5 U.S. states

A Bullish View of Wind Power Out West, NYTimes.com, By JOHN COLLINS,  RUDOLF, June 1, 2010, Wind energy has plenty going for it: it is clean, unlimited in supply and the most economical source of renewable power. Its clearest drawback is unreliability: sometimes the wind just does not blow.But that intermittency – long considered a major shortcoming – may have little impact on the potential for wind to power much of the electric grid in the western United States, according to a new study by the Department of Energy’s National Renewable Energy Lab. Continue reading →

June 2, 2010 Posted by | general | , , , , , , | Leave a comment

Mordechai Vanunu, lonely anti nuclear whistleblower

Mr. Vanunu’s story is to be seen in the wider context of the secrecy that has surrounded Israel’s nuclear weapons programme and its western allies’ complicity.

Lonely battle of an Israeli whistle-blower, The Hindu, Hasan Suroor , June 1, 2010 Mordechai Vanunu’s case is as much about suppressing dissent by a supposedly democratic state as it is a demonstration of western double standards.

Had Mordechai Vanunu been, say, an Iranian or a Russian whistle-blower and facing persecution at home, he would have been assured of a prominent place in the western pantheon of heroes. But he is an Israeli dissident and Israel’s friends in the West have no time for him. Continue reading →

June 2, 2010 Posted by | Israel | , , , , | 1 Comment