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Questioning whether nuclear energy can truly be classified as “clean”

OF NUCLEAR INTEREST: Proposed clean energy updates, Wicked Local Plymouth, 9 Aug 17,  Last year, the Massachusetts Department of Environmental Protection proposed adding six new regulations as well as amendments to existing regulations designed to reduce greenhouse gas emissions in the commonwealth……

One of the six updates that may be of particular interest to South Shore residents is the Clean Energy Standard. The CES essentially requires sellers of electricity to purchase increasing amounts of “clean” energy for use by their customers, and is designed to increase the percentage of electricity sold to consumers that is generated by clean energy sources.
Which generators qualify as a “clean energy source,” according to the CES? As written, eligibility is determined using an emissions-based threshold and is limited to generators built after 2010. This includes large hydroelectric generators, nuclear power plants, and certain fossil fuel plants.

While we commend the state’s efforts to promote energy efficiency and clean energy, we strongly believe that clean energy sources need to be defined, not just by emissions in Massachusetts, but the total impact caused by the technology. This is especially true for environmental impacts, including associated pollution with mining and operations, pipeline emissions, and ultimate transportation and management of waste products.

Nuclear waste in Massachusetts, for example, is currently stranded on the Cape Cod Bay shoreline with no repository or solution in sight. This exceptionally dangerous waste will remain a threat for hundreds of thousands of years, and dealing with it over time requires enormous investment in energy for transport, security, and problem solving. Not exactly the definition of “clean.”……

MassDEP is scheduled to announce final regulations this month. Let’s hope that Massachusetts stays the course, and older nuclear plants are not eligible under the CES. Such an action would divert credits and incentive away from truly clean energy advancement and technologies, and shackle our region to serious and unresolved problems for years to come.

Karen Vale-Vasilev manages Jones River Watershed Association’s (JRWA) Cape Cod Bay Watch program. JRWA has its offices on the banks of the river in Kingston, eight miles from Pilgrim.

August 11, 2017 Posted by | environment, USA | Leave a comment

USA’s huge nuclear project failed, but top executives got $millions in bonuses!

Top SCANA executives were paid millions in bonuses for roles in failed nuclear project, The State, BY AVERY G. WILKS, awilks@thestate.com AUGUST 09, 2017 As a multibillion-dollar nuclear expansion project veered toward abandonment, the company in charge – SCANA – paid its executives millions in bonuses for a job well done.

The Cayce-based utility has paid its top officials almost $21.4 million in annual performance-based bonuses over the past decade, according to The State newspaper’s review of the utility’s filings with the U.S. Securities and Exchange Commission.

Some of those payouts were to reward the executives for accomplishments related to the construction of two nuclear reactors at the V.C. Summer site in Fairfield County, SCANA said in the filings.

Late last month, SCANA and the state-owned Santee Cooper utility said they were abandoning that project, citing construction delays and cost overruns that plagued the 9-year-old venture……

Operational excellence’

Last year, SCANA’s top five executives took home $3.3 million in performance-based pay, according to the federal filings. Nearly half of that went to SCANA chief executive officer and president Kevin Marsh, accounting for about a quarter of his $6.1 million in total compensation.

The filings do not say exactly how much of the $21.4 million in performance-based pay went to reward the executives for building the two nuclear reactors……

The overall pay of SCANA’s top five executives increased to $14 million in 2016 from $8.5 million in 2007, the year the S.C. Legislature passed a law that allowed the utility to bill customers for the cost of the reactors while they were under construction. Avery G. Wilks: 803-771-8362@averygwilks

PAY FOR PLAY

Top SCANA executives have been paid nearly $21.4 million in performance-based bonuses over the past decade. Some of that money was to reward the officials for their accomplishments in building two nuclear reactors in Fairfield County, a project the utility now says it will abandon. Here is how much the executives were paid each year.:…… http://www.thestate.com/news/politics-government/article166298442.html

August 11, 2017 Posted by | business and costs, USA | Leave a comment

Donald Trump’s long term enthusiasm for nuclear weapons

Donald Trump’s nuclear fixation – from the 1980s to now, BBC, 10 August 2017   “…….The president’s recent nuclear sabre-rattling shouldn’t be viewed as an isolated incident, however. Mr Trump has displayed a keen interest in the utility of atomic weapons for decades…..

his thoughts on atomic weaponry reflect a certain strain of Cold War arms-race enthusiasm and diplomatic brinkmanship.
Last December President-elect Trump emphasised that the US had to “greatly strengthen and expand” its nuclear weaponry and would “outmatch” any adversaries.In August MSNBC’s Joe Scarborough reported that candidate Trump had asked his foreign policy advisors several times why the US couldn’t use its nuclear weapons – a claim the Trump campaign denied.

The report, however, followed on the heels of an April 2016 town hall forum exchange between Mr Trump and MSNBC’s Chris Matthews, who asked him why he had refused to categorically rule out the use of nuclear weapons.

“Would there be a time when it could be used?” Trump replied. “Possibly. Possibly.”

When pressed on the risks of openly talking of using nuclear weapons, Mr Trump said: “Then why are we making them? Why do we make them?”(The US no longer makes new nuclear warheads. It maintains its current arsenal.)

He repeated that he is not going to take any of his “cards off the table”.

Digging back further, in 1990 Mr Trump gave an interview with Playboy Magazine in which the topic of atomic weaponry came up.

“I’ve always thought about the issue of nuclear war; it’s a very important element in my thought process,” Mr Trump said. He called it the “ultimate catastrophe” and compared it to an illness no one wants to talk about it.

“I believe the greatest of all stupidities is people’s believing it will never happen,” he continued, “because everybody knows how destructive it will be, so nobody uses weapons. What [expletive].”

In 1984 – at the height of the Cold War – Mr Trump even told a Washington Post interviewer he wanted to be put in charge of US-Russia nuclear arms negotiations.”It would take an hour-and-a-half to learn everything there is to learn about missiles,” Mr Trump said. “I think I know most of it anyway.”

Around the time of this interview a computer game called Balance of Power, which simulated the Cold War struggle between the US and Soviet Unions, became a surprise hit.

Players could sabotage, scheme and sabre-rattle up to the brink of nuclear war. The trick was you were never quite sure how close you could get before the missiles started flying. Escalation could lead to inadvertent annihilation.

And if it did, this was the message, displayed in white letters on a black screen: “You have ignited an accidental nuclear war. And no, there is no animated display of a mushroom cloud with parts of bodies flying through the air. We do not reward failure.”

If Mr Trump’s past comments are any guide, he appears to be making the calculus that the US nuclear arsenal is ineffective if adversaries don’t believe the nation is willing to pull the trigger. It’s all part of the “unpredictability” strategy he repeatedly touted during his presidential campaign (and plugged again in a recent tweet).Mr Trump – and his Defence Secretary Jim Mattis – have spoken of how the US will prevail in any military confrontation with North Korea. Largely left unmentioned amid the bluster, however, is the danger that an extended standoff could spin out of control and the high cost in human lives – in civilian lives on both sides of the Korean demilitarised zone and for US military personnel – that any such conflict would entail.

The US would almost certainly prevail, but it would be difficult to view such a result as anything but a failure. http://www.bbc.com/news/world-us-canada-40879868

 

 

August 11, 2017 Posted by | politics, USA, weapons and war | Leave a comment

Toshiba’s $8.8bn loss throws future of Cumbria’s Moorside nuclear project into doubt

Toshiba’s $8.8bn loss reignites fears over Cumbria nuclear project,  Telegraph, 10 AUGUST 2017 • The Japanese consortium behind the UK’s largest planned new nuclear project has unveiled an annual loss of almost $9bn (£6.9bn), underlining the stark risks of the Government’s high-cost nuclear ambitions.

Toshiba has delayed publishing its full-year results while teams of auditors pore over the financial damage wrought by the collapse of its US-based nuclear developer Westinghouse, before finally revealing the $8.8bn (£6.7bn) loss for 2016 three months later than planned.

The electronics giant has avoided crashing out of the Tokyo stock exchange for filing its accounts late, but its commitment to building the Moorside power plant in Cumbria remains in doubt.Toshiba is now the only investor propping up the Nugeneration consortium that plans to build the 3.8GW Moorside project, and the approved reactor design is Westinghouse-made.

The GMB union said the “fiasco” over Toshiba’s financial state “highlights the folly of allowing foreign companies to be in control of the UK’s critical future energy needs”…….

August 11, 2017 Posted by | business and costs, UK | Leave a comment

Why there’s little confidence that Hinkley C nuclear station will ever come into operation

Good Energy 29th July 2017, You need only look at other similar projects around the world to understand
exactly how risky Hinkley Point C really is.

At the time of writing, there are no functioning power stations with the same reactor design as that
planned to be used at Hinkley. There are four other plants around the world
currently being built with the same reactor design as Hinkley Point C –
but all of them have been plagued with problems.

The Flamanville plant in France is currently six years late and three times over budget, the
Olkiluoto plant in Finland is currently nine years overdue and 60% over
budget, and two plants in China are both expected to be at least two years
behind schedule. With reports over the weekend that sources within EDF are
suggesting that Hinkley Point C may also be late and over-budget, the case
is mounting that Hinkley Point C is a risky gamble at the expense of
British bill-payers. https://www.goodenergy.co.uk/blog/2017/06/29/a-costly-nuclear-legacy-why-hinkley-point-c-is-such-a-bad-deal/

August 11, 2017 Posted by | general | Leave a comment

USA to review Iran nuclear activities – envoy to go to Vienna

U.S. envoy to U.N. will go to Vienna to review Iran nuclear activities – U.S. official, Michelle Nichols, UNITED NATIONS (Reuters) 10 Aug 17, – U.S. Ambassador to the United Nations Nikki Haley will travel to Vienna later this month to discuss Iran’s nuclear activities with U.N. atomic watchdog officials, a U.S. official said on Wednesday, as part of Washington’s review of Tehran’s compliance with a 2015 nuclear deal

The official told Reuters that Haley, a member of President Donald Trump’s cabinet, would meet with International Atomic Energy Agency (IAEA) officials and the U.S. delegation in Vienna to further explore the extent of Iran’s nuclear activities.

In April, Trump ordered a review of whether a suspension of sanctions on Iran related to the nuclear deal was in the U.S. national security interest. He has dubbed it “the worst deal ever negotiated.”

Most U.N. and western sanctions were lifted 18 months ago under a deal Iran made with world powers to curb its nuclear program. It is still subject to a U.N. arms embargo and other restrictions, which are not technically part of the deal.

The IAEA polices restrictions the deal placed on Iran’s nuclear activities.

Under U.S. law, the State Department must notify Congress every 90 days of Iran’s compliance with the nuclear deal. The next deadline is October and Trump has said he thinks by then the United States will declare Iran to be noncompliant……..

Last week, Trump signed into law additional sanctions on Iran, which Tehran said violate the terms of the nuclear agreement. http://www.reuters.com/article/us-iran-nuclear-usa-idUSKBN1AP2AR?il=0

August 11, 2017 Posted by | politics international, USA | Leave a comment

Toshiba’s $8.8b in losses

Delayed Toshiba earnings report reveals $8.8b in losses By Tech Wire Asia | 10th August 2017 | @techwireasia AFTER several delays, Toshiba Corp. has finally released an audited earnings report, which revealed the company’s losses are valued at JPY965.7 billion (US$8.8 billion) for the 2016-2017 financial year ending March this year, reported Bloomberg.

Though a startling number, it should be noted those losses are comparable to the initial estimates by independent analysts who predicted Toshiba would lose an average of JPY977.4 billion (US$8.9 billion). Toshiba’s own outlook was far more bleak, with their own financial officials reporting they expected to lose JPY1.01 trillion (US$9.2 billion)…..

suspicions about the company’s opaque finances have resulted in slipping stock prices, a situation exacerbated by the bankruptcy of its Westinghouse nuclear business…..

The company is facing a possible delisting from the Tokyo Stock Exchange as a result of the manipulation of its account books. The matter is under investigation and if Toshiba fails to clean up its act and pull itself out of the red by next March, expulsion is almost a given…….http://techwireasia.com/2017/08/toshiba-earnings-report-huge-losses/#mMpeeOZFUAVImZpQ.97

August 11, 2017 Posted by | business and costs, Japan | Leave a comment