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Time to stop U.S. Congress from ’emergency’ payout to nuclear industry

Wall Street investment firms are still too burned by atomic defaults from the 1970s and 1980s — the largest managerial disaster in business history according to Forbes magazine — to risk their own funds on new reactors, despite the federal loan guarantees!

As Taxpayers for Common Sense argues, such an emergency supplemental war funding and disaster relief bill is no place for energy loan guarantees to be attached in the first place

“Declare your independence” from risky nuclear loan guarantees before the 4th of July!, Beyond Nuclear, 2 July 2010, -There is still time to act against expanded nuclear power loan guarantees before the U.S. House finalizes its supplemental war funding and disaster relief bill by its Independence Day recess.

The U.S. House Appropriations Committee, chaired by Dave Obey (Democrat-Wisconsin), is considering an emergency supplemental war funding and disaster relief bill. The Obama administration has pushed for $9 billion in additional nuclear power loan guarantees to be attached as a rider onto this bill, thus attempting to rush part of a $36 billion expansion request to the nuclear power loan guarantee program, originally requested for next year’s Fiscal Year 2011 budget, onto this fiscal year’s budget. Continue reading

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

Medical radiation in India, 1 in 5 devices not certified safe

X-ray, CT scan, MRI units: only 1 in 5 certified radiation-safe – Express India Pritha Chatterjee : Jul 01, 2010 Only 21 per cent of the radiological diagnostic machines in Maharashtra are registered with the Atomic Energy Regulatory Board (AERB) for following radiation safety norms, as per the institution’s estimates.“We have 655 registrations in Maharashtra so far. A survey we conducted two years back indicated that there are 3000 X-ray units, including CT scanners, operating in the state,” said Dr S A Hussain, Head, Radiological Safety Department at AERB.The countrywide figures are more alarming: only 4,000 machines have so far been registered with the organisation, when the same survey found 60,000 machines operating surreptitiously.X-ray, CT scan, MRI units: only 1 in 5 certified radiation-safe – Express India

July 2, 2010 Posted by | India, safety | , , , | Leave a comment

$9 billion ’emergency war” money to go to nuclear industry

Because independent investors won’t fund them, the reactor industry has spent some $645 million in the last decade lobbying Congress and the White House for taxpayer money.

(USA) Can “Emergency” New Nuke Loans Be Stopped Despite Cover of War?, THE HUFFINGTON POST, Harvey Wasserman, 2 July 2010, Amidst a grassroots uproar over funding for the military, the nuclear power industry has again forced $9 billion in loan guarantees onto an “emergency” war appropriations bill for Afghanistan and Iraq. Continue reading

July 2, 2010 Posted by | politics, USA | , , , , , , | Leave a comment

New Australian govt tax panders to uranium miner BHP Billiton

Most importantly, the new tax will not affect BHP Billiton’s $23 billion plan to expand the massive Olympic Dam mine, the world’s biggest uranium deposit

A dog’s breakfast * Robin Bromby  The Australian * July 02, So let’s get this right about the new mining resources rent tax. BHP Billiton will pay the new tax on the coal …….. but not on what it rips out of the ground at Olympic Dam in South Australia (the world’s largest uranium deposit, and another non-replaceable asset) …. Continue reading

July 2, 2010 Posted by | AUSTRALIA, politics | , , , | Leave a comment

Sweden’s nuclear future is very uncertain indeed

the people of Sweden voted to decommission all nuclear power plants by 2010. However, only two nuclear blocks (Barsebaeck 1+2) were actually decommissioned. The decommissioning cost three times more than it did to build the reactors in the first place. That is why it is so important for the external costs of nuclear power to be included when doing a cost analysis.

NUCLEAR: Is the battle lost?, PROJECT 90, 30 June 2010, On the 17th June 2010 Sweden’s parliament passed a Bill to overturn a 30-year-old ban on new nuclear reactors.  174 parliamentarians voted yes and 172 voted no. The Swedish Parliament attached some conditions to the building of new nuclear reactors:

  • Only existing plants would be replaced
  • No government subsidies would be granted to the nuclear developments
  • The owner and operator would be held financially responsible in the case of any accidents. Continue reading

July 2, 2010 Posted by | politics, Sweden | , , , , | 1 Comment

Scientists warn on huge taxpayer bill for USA’s nuclear subsidies

If the industry is able to secure federal approval to build the 31 new reactors it is expected to request, UCS found that total proposed subsidies could be worth from $65 billion to as much as $147 billion.

Senate Currently Proposing $40 Billion to More Than $140 Billion in Subsidies for Nuclear Industry, New Analysis FindsNew Subsidies for Constructing Reactors Would Shift Financial Risks to Taxpayers Union of Concerned Scientists WASHINGTON (July 1, 2010) – Massive government subsidies proposed in two pending Senate climate and energy bills would shift the risk of financing and constructing new nuclear reactors from the industry to U.S. taxpayers, according to an analysis released today by the Union of Concerned Scientists (UCS). Continue reading

July 2, 2010 Posted by | politics, USA | , , , | Leave a comment

USA Congress to fund nuclear industry, cut education funding

Congress brazenly puts the interests of corporations above the needs of regular Americans, including teachers and children. This is further proof our political system has been corrupted by corporate influence and special interests.

Nuke Industry Bullies Students, Demands Lunch Money. House Democrats choose pre-emptive bailout for nuclear industry over preventing teacher layoffs. Common Dreams WASHINGTON – July 1
This week, the House of Representatives is expected to vote on supplemental appropriations for the war in Afghanistan and several domestic programs. The domestic program funding preserves $9 billion in loan guarantees for nuclear reactors, while cutting $13 billion in funds to prevent teacher layoffs. Continue reading

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

Malaysian MPs not impressed by nuclear hype

“The experience in Europe actually shows that there’s a major [cost] overrun. For example, they say it’s €2 billion [but] by the time it’s all done, €4 billion total,”

The talk, featured nuclear industry speakers from Korea, France and the US……

Government nuclear pitch fails to impress PR MPs « Charles Santiago The Malaysian Insider By Yow Hong Chieh July 01, 2010 KUALA LUMPUR,   — A government-organised talk on the nuclear industry last night failed to convince Pakatan Rakyat (PR) MPs that nuclear power is the energy source most suited to meet Malaysia’s increasing energy demands. Continue reading

July 2, 2010 Posted by | ASIA, spinbuster | , , , | Leave a comment

Renewable energy a profitable move for UK farmers

Agricultural and horticultural buildings present ideal platforms for solar panels and small-to-medium-sized roof-mounted systems are likely to be an attractive investment

Conference told about a raft of low carbon energy opportunities Salisbury Journal  1st July 2010 By Anne Connon » EVERY farmer and grower in Britain should have the opportunity to provide low-carbon energy services alongside their traditional roles, a major conference heard last week. Dr Jonathan Scurlock, National Farmers’ Union chief renewable energy adviser, was speaking at the On-Farm Energy Generation Conference addressing vital issues surrounding land-based energy. Continue reading

July 2, 2010 Posted by | decentralised, UK | , , , , , , | Leave a comment

USA taxpayers fund AREVA and other foreign nuclear companies

Groups: Foreign Companies, Workers Are Big Early Winners Under Federal Loan Guarantees For Nuclear Reactors Taxpayer-Backed Nuclear Loan Guarantees Make July 4th “Energy Non-Independence Day”; 2 of 3 Leading Loan Guarantees Candidates Have Major Foreign Ownership, Large Reactor Component Construction Jobs Are Overseas.WASHINGTON, July 1  USNewswire/ — The notion that taxpayer-backed loan guarantees for more nuclear power means energy independence in the United States is a hoax that could cost unwary U.S. taxpayers tens of billions of dollars while richly benefiting profitable foreign corporations and non-U.S. workers, according to a new report from the nonprofit Nuclear Information & Resource Service (NIRS). Continue reading

July 2, 2010 Posted by | politics, USA | , , , , , , , | Leave a comment

Depleted uranium on passenger flight!

FAA fines two India cos. For uranium cargo – By Donna Goodison , July 1, 2010 The Federal Aviation Administration has fined two Indian companies $422,500 for sending a radioactive shipment of depleted uranium as cargo on a passenger-carrying British Airways flight from Mumbai to Logan International Airport in 2008

The FAA alleges that IIS & Allied Services and its freight forwarder, Gallant Freight & Travels, failed to declare the hazardous nature of the shipment, which wasn’t properly packaged or labeled.Radioactive materials are not allowed to be shipped as cargo aboard passenger aircraft, with some exceptions. The depleted uranium was destined for QSA Global Inc. in Burlington….. FAA fines two India cos. For uranium cargo –

July 2, 2010 Posted by | India, safety | Leave a comment

Non existent nuclear security for USA’s railroads and coastlines

DHS Effort to Counter Nuclear Terrorism Leaves Huge Gaps, Expert Says | Security Debrief -1 July 2010, The Department of Homeland Security office responsible for protecting the nation against nuclear terrorism grew so distracted over efforts to develop next-generation radiation detectors that it failed to draft a strategic plan to coordinate interagency counterterrorism efforts, a government expert told the Senate Homeland Security and Governmental Affairs Committee on Wednesday.

The absence of a plan has led to a major security gap, Eugene E. Aloise, director of the GAO’s Natural Resources and Environment Division, said. Because it has focused on improving equipment to detect nuclear materials entering U.S. seaports and border stations, which already have monitors, the Domestic Nuclear Detection Office (DNDO) neglected to build capacity along international railroads and the coastline, where defenses don’t exist, he said.

DHS Effort to Counter Nuclear Terrorism Leaves Huge Gaps, Expert Says | Security Debrief – a blog of homeland security news and analysis

July 2, 2010 Posted by | safety, USA | , , , , , , , | Leave a comment

Google supports more information and action on renewable energy

Google’s Renewable Energy Push – Venture Capital Dispatch – WSJ. By Yuliya Chernova , 1 July 2010, Dan Reicher, director of climate change and energy initiatives at Google Inc., spoke at the Renewable Energy Finance Forum Wall Street on Wednesday in support of a new government agency that would help clean technology companies bridge the “valley of death,” a gap in financing for the first full-scale demonstration….

We’ve made some progress, but not nearly the progress we need. We need to have real changes in policy and finance. We’ve got to be working in an integrated way at the state level, in Washington. There are energy efficiency standards, more transmission development that can be handled at the state level. We think there’s real power in information, getting information to people so that they can make changes. We support the [Electricity Consumers] Right To Know Act [that will help consumers access their electricity use information.] The challenge is to hit all three points–accelerate progress of technology, policy and radically increase the amount of capital necessary. There’s no single answer….
We have a fairly unpredictable and unreliable system of federal incentives for renewable energy that has an impact on investments…….

July 2, 2010 Posted by | 2 WORLD, renewable | , , , , , , | Leave a comment

Claim that Dubai ports used to smuggle nuclear equipment to Iran

Iran uses Dubai ports to smuggle nuclear equipment, Jewish News, Jul 01, 2010 According to the “Telegraph“, Hamad al-Kaabi, United Arab Emirates (UAE) ambassador to the International Atomic Energy Agency, was quoted saying earlier today that “Security forces have interdicted scores of ships suspected of carrying illicit cargo and seized numerous sensitive shipments that could be used for the manufacture of weapons systems, including specialized aluminum sheets, titanium, high-speed computers and sophisticated machine tools.”Mr al-Kaabi added: “The UAE has implemented many notable United Nations security council resolutions. A lot of these have banned certain goods going to certain countries.” Additionally, at a meeting of the Global Initiative to Combat Nuclear Terrorism in Abu Dhabi, a senior figure revealed the extent of the trade in weapons and “dual-use” goods. According to this source, officials have admitted that Dubai is being used by Iran as a transit point for smuggling both money and illegal goods….

Iran uses Dubai ports to smuggle nuclear equipment | World of Judaica

July 2, 2010 Posted by | MIDDLE EAST, secrets,lies and civil liberties | , , , , , | 1 Comment

G20 and Aboriginal Land Rights

This Land is Still Stolen: The G20 and Aboriginal Rights  The Bermuda Radiacal, 2 July 2010, “No G20 on stolen Native land,” was chanted by demonstrators throughout the week of protests leading up to G8/G20 meetings and warrior flags were flying at all the marches, whether led by environmental justice advocates or anti-poverty organizers.

And on June 24, over one thousand people flooded the streets of downtown Toronto for the Canada Can’t Hide Genocide march and rally. Continue reading

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