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The News That Matters about the Nuclear Industry Fukushima Chernobyl Mayak Three Mile Island Atomic Testing Radiation Isotope

Nuclear company Exelon’s CEO says – No subsidies for new nuclear

CEO of biggest U.S. nuclear-power producer touts “cheap” natural gas as energy solution, Barnett Shale: Jack Z. Smith, March 08, 2011 The U.S. should use more natural gas to generate electricity and shun new “clean-energy” subsidies given for nuclear reactors, wind turbines, solar panels and coal-fired plants that capture carbon dioxide, Exelon Corp. CEO John Rowe said in prepared remarks for a speech today, according to a Bloomberg News report. Continue reading →

March 10, 2011 Posted by | business and costs, USA | Leave a comment

83 MPs join opposition to nuclear garbage shipment across Great Lakes

We’re talking about nuclear garbage, and we’re going to have a highway of nuclear garbage. This shipment is going to be the first of many if we allow it to happen,”

Groups urge feds to stall ‘nuclear garbage’ shipment Eighty-three MPs sign petition Montreal Gazette, By CARMEN CHAI, Postmedia News March 9, 2011 Continue reading →

March 10, 2011 Posted by | Canada, politics, wastes | Leave a comment

Australians ignorant about the existence of successful carbon pricing in Europe

there was an incorrect perception that Australia would be going it alone if it put a price on carbon.

Aussie carbon tax revolt ‘bizarre’: expert Sydney Morning Herald, March 8, 2011 A European Union climate expert has described Australian opposition to a carbon tax as bizarre, diplomatically pointing out Britain’s Conservatives were more co-operative in opposition. Continue reading →

March 10, 2011 Posted by | climate change, UK | 1 Comment

Wind, solar, race ahead – so WHAT “nuclear reaissance” is happening?

Ontario government…  investing in 40 additional wind and solar energy projects

it’s interesting to compare the global figures for how much nuclear, wind and solar power have been added over the last few years during what has been billed as a “nuclear renaissance.”

(Canada) Wind and solar power are leaving nuclear in the dust | Greenpeace International, 9 March 11, Keith Stewart, We often hear that wind and solar power are nice, but they can’t deliver the power that we need. So there were probably a few raised eyebrows last week when I was quoted (here and here) saying that “Wind and solar energy are the new Niagara Falls, as they can do a similar job of replacing polluting power from coal or nuclear plants to power a prosperous Ontario in the twenty-first century.” Continue reading →

March 10, 2011 Posted by | Canada, renewable | Leave a comment

Smuggling of nuclear equipment to Pakistan

Pakistani Man Charged Over Shipments to Pakistan’s Nuclear Program – WSJ.com, Evan Perez, 9 March, WASHINGTON—U.S. prosecutors on Wednesday charged a Pakistani man with running a smuggling operation that shipped materials and equipment to the agencies operating Pakistan’s nuclear program. Continue reading →

March 10, 2011 Posted by | secrets,lies and civil liberties, USA | Leave a comment

Despite political turmoil, Egypt to go ahead with nuclear power

Egypt says to press ahead with nuclear tender CAIRO, March 9 (Reuters) – Egypt’s Electricity Minister said the country would go ahead with a tender for the construction of its first nuclear power plant despite recent political unrest, a government Facebook page reported on Wednesday. Egypt says to press ahead with nuclear tender | Energy & Oil | Reuters

March 10, 2011 Posted by | Egypt, politics | Leave a comment

Germany’s tax on nuclear plants biting into E.ON’s profit

E.ON Says 2011 Profit May Fall 32% on New Tax, Power Prices – Bloomberg, 9 March 11, The world’s largest utility by sales, said profit may fall as much as 32 percent this year after the German government imposed a new tax on its nuclear plants and on reduced earnings from selling power and gas.Adjusted net income, which E.ON uses to calculate its dividend, will slip to 3.3 billion euros ($4.59 billion) to 4 billion euros in 2011 from 4.88 billion euros last year, the Dusseldorf-based company said today. Adjusted earnings before interest, tax, depreciation and amortization will drop to 11.2 billion euros to 11.9 billion euros this year from 13.3 billion euros in 2010, the company said……

March 10, 2011 Posted by | business and costs, Germany | Leave a comment

Bad timing for Australia to decide to sell uranium to Middle East

“It’s very poor judgement and poor timing to be proposing to sell this material into the Middle East when tensions are running so high,” said Scott Ludlam, an Australia senator for the Greens, a party affiliated with the government’s minority administration and set to hold the balance of power in the country’s top legislature from July 1. Mr. Ludlam said he wants the government to publish a list of the countries Australia won’t supply with uranium……….

Australia Eyes U.A.E. Uranium Talks, WSJ.com, Edna Curran, 9 March 11, “…..Bilateral talks between the countries will focus on nuclear safeguards and the use of nuclear fuel for Abu Dhabi’s civilian power program due to be ready by 2017, according to a statement by the Australian government……… Continue reading →

March 10, 2011 Posted by | AUSTRALIA, marketing, Uranium | Leave a comment

Price dive for Uranium One’s product

Uranium One has year-end loss  The Calgary Herald March 8, 2011 . Uranium One Inc. reported a fourth-quarter loss of $148.2 million on Tuesday, compared with a profit of $179.6 million in the same period a year earlier. It said the loss was due to a series of one-time expenses.
The company, based in Vancouver and Johannesburg, said the loss amounted to 24 cents a share, compared with a profit of 38 cents a share during the fourth quarter of 2009…….

March 10, 2011 Posted by | business and costs, Canada, Uranium | Leave a comment

Enriched Uranium cleanup sales cause price drop in uranium

Uranium Drops 4.7% After U.S. Approves Fuel Transfers, UxC Says, Bloomberg By Jason Scott – Mar 8, 2011 Uranium prices fell 4.7 percent after the U.S. authorized transfers of the nuclear fuel to fund accelerated cleanup operations at a former enrichment plant owned by the government, according to Ux Consulting Co.Uranium-oxide concentrate for immediate delivery traded at $66.50 a pound in the seven days ended yesterday, down from $69.75 the week before, UxC said in an e-mailed report today, based on the most competitive offer tracked by the Roswell, Georgia-based company…….

March 10, 2011 Posted by | Uranium | Leave a comment