nuclear-news

USA – some not so good nuclear news

USA 10 $Billion to nuclear loans, Beyond Nuclear 24 July 2010, Earlier this week, the Senate Appropriations Committee approved an energy funding bill for next year that includes $10 Billion in nuclear loans (along with $7+ billion for fossil fuels and about $3 billion for renewables). Those are clearly some misplaced priorities–and $10 billion for new reactors is $10 Billion too much, but it is less than half of the $25 Billion passed by the House Appropriations Committee.

Unfortunately, the Committee also approved two pro-nuclear bills: S. 2052, which would authorize the Department of Energy to spend $50 million/year through 2015 to reduce the cost of new reactors (although it’s hard to see how that kind of money can accomplish that goal, utilities already have plenty of incentive to reduce costs) and S. 2812, which would encourage the development of “small, modular reactors” and seek their design certification by the NRC by 2018 (although it is highly unlikely these could ever prove economical–see Amory Lovins’ factsheet here).

July 24, 2010 - Posted by Christina Macpherson | politics, USA | antinuclear, nuclear, nuclear costs, nuclear spin, reactors