nuclear-news

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

Nuclear industry muscling in on USA’s climate standards

nuke-greenwashFlag-USAKilling the Competition The Nuclear Power Agenda to Block Climate Action,  Stop Renewable Energy, and Subsidize Old Reactors, Report by Nuclear Information and Resource Center (NIRS) Sept 14 
Nuking the Climate: New  Subsidies for Old Reactors
While trying to cancel incentives for  renewables, the nuclear industry is pushing  for new subsidies for existing reactors. Their
intent is to create policy schemes that allow  nuclear plants to sell emissions credits to coal  and gas plants, keeping both afloat, locking in a century-old electricity system and stifling the  growth of new technology. The resolution  Exelon promoted in Illinois spells out the scheme quite clearly: …….
There are several mechanisms through which  the industry can create new subsidies. Some  would directly divert subsidies from climate  solutions to nuclear. Others would simply  provide a cost advantage in the market and  stifle renewable energy development. EPA Carbon Pollution Rule The Environmental Protection Agency issued  a draft rule on carbon emissions from existing  power plants in June 2014. The rule would  classify nuclear power as a low-carbon  energy source, credit new and existing  reactors toward states’ emissions goals, and  authorize states to provide subsidies and  incentives to preserve and develop nuclear  capacity. The rule requires states to submit  plans for achieving the goals, and gives them  wide latitude in doing so.
“Clean” Energy Standards The industry would have states revise their  Renewable Energy Standards (RES) or  Portfolio Standards (RPS) to include nuclear ….
Carbon Emissions Trading The EPA rule also encourages states to  implement “cap and trade” programs to limit
emissions, similar to the Regional  Greenhouse Gas Initiative (RGGI) established  by ten states in the Northeast. RGGI auctions
off emissions credits to carbon emitters, then  directs the revenues to support renewable  energy, efficiency, and conservation
programs. Such programs can also permit  plants to purchase “offsets” to count against  their emissions. Including nuclear in these programs would have a similar effect as  “Clean” Energy Standards.
System Benefits Charges……
Above-Market Contracts……
Rigging the Markets: Dereg 2.0 Just as important to the nuclear industry as  creating new subsidies is rigging electricity
markets. …….
Capacity Markets….
Wholesale Markets…..
http://www.nirs.org/neconomics/killingthecompetition914.pdf

 

September 13, 2014 - Posted by | Legal, secrets,lies and civil liberties, USA

No comments yet.

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

« Previous | Next »