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Never mind the environment: Climate Change is COSTING INVESTORS MONEY!

The study was compiled with the help of the International Finance Corporation, part of the World Bank, and 14 institutional investors, mostly pension funds.

Investments Worth Trillions At Risk From Climate Change: Study – Planet Ark, 18 Feb 2011, Climate change could put trillions of investment dollars at risk over the next 20 years, a global study released on Wednesday said, calling for pension funds and other investors to overhaul how they allocate funds. Risks from more extreme weather, continued delay in climate policy by governments and uncertainty over the shape of a new global climate pact were major concerns, while renewable energy, agriculture and infrastructure could be opportunities. Continue reading →

February 18, 2011 Posted by | 2 WORLD, climate change | Leave a comment

Britain to break international agreement in releasing plutonium into sea

Sellafield activity ‘will ensure UK breaks nuclear pollution  promise’ Group monitoring nuclear plant says ‘crash programme’ by government’s NDA will put UK in breach of Ospar convention Rob Edwards, guardian.co.uk,  17 February 2011
• ‘Sellafield is where we house the toxic legacy of our failed nuclear industry’

Britain is on course to break an international agreement to reduce radioactive pollution of the seas, because of an increase in activity at the Sellafield nuclear site, Continue reading →

February 18, 2011 Posted by | politics international, reprocessing, UK | 1 Comment

New uranium mining threat to biodiversity of Grand Canyon

Mining has been banned within the Grand Canyon national park since President Roosevelt declared it a national monument in 1908.

Demand for uranium threatens Grand Canyon biodiversity Government report released on Friday will recommend whether raft of proposed mines in region should go ahead Felicity Caru guardian.co.uk,   17 February 2011 The natural beauty and unique species of the Grand Canyon are “in the crosshairs” because of renewed interest in the region’s uranium reserves. Continue reading →

February 18, 2011 Posted by | environment, Uranium, USA | Leave a comment

Missouri law currently prevents consumers being slugged for nuclear upfront costs

Kathleen Logan Smith with the Missouri Coalition for the Environment sees the early site permit bill as a first step toward repealing Missouri’s law that bans a utility from charging customers the cost of building a power plant while under construction.

First step toward second nuclear plant brings out strong feelings, MissouriNet,  by Brent Martin  February 17, 2011 A first step toward a second commercial nuclear power plant in Missouri demonstrates how controversial and complicated the issue can be. Continue reading →

February 18, 2011 Posted by | business and costs, USA | Leave a comment

Safety hazards at more than 24 USA nuclear reactors

Report: Monticello nuclear plant among those with potential safety hazard, – TwinCities.com 02/17/2011 A major manufacturer in the nuclear industry is reporting a potential “substantial safety hazard” with control rods at more than two dozen nuclear reactors around the country, including the Xcel Energy plant near Monticello….. Continue reading →

February 18, 2011 Posted by | safety, USA | Leave a comment

Community wind can be a winner for UK’s local utilities

Why Community Wind Should Be Part of a Utility’s Portfolio, Renewable Energy World, By Cynthia Crooks, February 16, 2011 The clock is ticking. The production tax credit for renewable energy is set to expire at the end of 2012, which means that to take advantage of the incentive a project has to be “commercially operable” by that time. Since it can take two years or longer for a wind farm to be up and running, utilities that don’t already have a project in development should be thinking about initiating one, and fast. But in their rush, utilities should not overlook the additional benefits in speed and local good will that can be had through Community Wind. Continue reading →

February 18, 2011 Posted by | decentralised, UK | Leave a comment