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The merging of the economic and the political power of big nuclear corporations

Big money, nuclear subsidies, and systemic corruption, Bulletin of the Atomic Scientists, By Cassandra JefferyM. V. Ramana | February 12, 2021,  ”………… the long-term impact of legislation that favors nuclear energy firms involves the great economic and political power that these large utilities possess. To better understand the basis of the economic power of these corporations, we analyzed financial data from electric utilities listed on the New York Stock Exchange (NYSE) between 1970 and 2019 on the standard Compustat database.

The first trend that is evident is one of increasing market concentration. From the 1970s through to the mid-1990s, there were roughly 80 to 85 companies listed in this sector on the NYSE. By 2000, that number had dropped to 56. The reason was a series of mergers and acquisitions through which large companies absorbed smaller companies. For example, Commonweath Edison became part of Unicom in 1994. Unicom and the Philadelphia Electric Company merged in 2000 to form Exelon. Similar mergers and acquisitions have continued, and by 2019 there were only 36 utility companies operating in the United States.

Measured through their market capitalization values, these 36 corporations are not equal. By and large, the corporations with the largest market cap values are the ones that own nuclear plants. Exelon is a good example, owning 17 of the 94 nuclear units that are operating in the United States as of November 2020. In 2019, Exelon’s average market capitalization was $44.3 billion. But Exelon is by no means the largest utility. Nextera Energy ($118 billion), Dominion ($69 billion), Duke ($67 billion), and American Electric ($47 billion) dominate the industry in terms of market capitalization. All of these five companies had a higher market capitalization in 2019 than the largest utility that did not own nuclear plants: Sempra Energy ($44.1 bn).

Over the last six years, when there have been no mergers or acquisitions among these companies, 11 out of the 14 companies that own nuclear assets have consistently held market capitalization values well above the median (based on 36 companies in all). Two of the remaining three hover near the median value, sometimes higher, sometimes lower. (The one remaining utility, El Paso, was recently bought out by JP Morgan, and will no longer be a publicly traded company.) On the whole, companies with nuclear plants have recorded larger market capitalization values than the median of 22 utilities that don’t own nuclear assets.

The legislative means used to take money away from electricity consumers and bail out economically failing nuclear plants owned by these large corporations helps further their market power, as illustrated by Dominion’s value rising from $49.5 billion in 2018 to $69.4 billion in 2019. While it is well known that wealthy corporations have a lot of political power, it seems from these examples that the converse might also be true: The political power enjoyed by these large corporations is at the root of their economic power. Indeed, as political economists Jonathan Nitzan and Shimshon Bichler have argued at length, the standard economic concept of capital symbolizes “organized power writ large,” challenging the conventional division between politics and economics. The various bills passed in state legislatures offer a political assurance to investors that revenues for these utilities are assured for the foreseeable future, which naturally translates into higher stock prices and market capitalizations.………https://thebulletin.org/2021/02/big-money-nuclear-subsidies-and-systemic-corruption/

February 13, 2021 Posted by | business and costs, politics, Reference, USA | Leave a comment

Mike Pence’s ‘nuclear football’ was potentially at risk during Capitol riot 

February 13, 2021 Posted by | incidents, USA | Leave a comment

‘Ecocide’ proposal aiming to make environmental destruction an international crime

‘Ecocide’ proposal aiming to make environmental destruction an international crime

By Anthony Funnell for Future Tense– 13 Feb 21,  A group of leading international law experts has defined a new super-crime.They’re calling it “ecocide”.

They plan to submit a draft of their new law to the governing body of the International Criminal Court, in the hope that the ICC will adopt it for future prosecutions.

If successful, ecocide will become the court’s fifth jurisdictional responsibility, alongside genocide, crimes against humanity, war crimes and crimes of aggression.

The group behind the proposal, Stop Ecocide, argues that climate change knows no borders and the destruction of local ecosystems can have huge global consequences.

“In this day and age, it’s no longer possible to say that one is destroying large swathes of nature without realising what one is doing,” Stop Ecocide’s Jojo Mehta says.

She, and the expert panel she’s assembled, want governments, companies and individuals to be brought to account for the environmental destruction they knowingly allow.

And that sense of knowing is important, she says, because most destruction occurs not by accident, but in support of commercial gains.

A growing momentum

Prominent environmental activist Greta Thunberg is onboard, as is the French President, Emmanuel Macron, who’s raised the possibility of incorporating the concept of ecocide into domestic French law.

Though not an official member of the Stop Ecocide movement, he’s also leant his weight to the idea of charging the ICC with oversight of international prosecutions.

President Macron’s involvement began in 2019, when large swathes of the Amazon caught fire under suspicious circumstances. Macron personally accused the Brazilian government of not doing enough to protect the forests from destruction.

Brazil’s populist leader, Jair Bolsonaro — a self-proclaimed climate change denier — initially ridiculed the idea of an ecological emergency and refused to accept international assistance.

“This is an issue that concerns the entire world,” President Macron responded.

“We have a real ecocide that is developing everywhere in the Amazon, not only in Brazil.”

Pope Francis has also spoken of what he calls the “sins of ecology”, explicitly describing his understanding of ecocide as:

“The massive contamination of air, land and water resources, the large-scale destruction of flora and fauna, and any action capable of producing an ecological disaster or destroying an ecosystem.”

The pros and cons

Queens University Law lecturer, Rachel Killean, says the concept of ecocide dates back to the Vietnam War and debates over the American military’s use of the Agent Orange defoliant.

It also briefly gained attention during early discussions on the role and function of the International Criminal Court.

So, Dr Killean says, it makes historical sense to adapt the ICC’s brief, rather than establish a new environmental court.

She says International Law experts such as University College London’s Philippe Sands, former ICC judges and climate change experts are talking about it as “something that is possible and tangible.”

Ms Mehta says the ICC is the only global mechanism that directly accesses the criminal justice systems in all of its member states.

“So, effectively if you make something a crime there, any member state that ratifies that crime must then include it in their own domestic legislation within a year.”

This means it’s likely the most efficient way to make a rule that stays similar across international borders.

“That’s very important with ecosystem destruction because the biggest perpetrators are big transnational companies which operate in many jurisdictions,” Ms Mehta says.

But, Dr Killean warns, despite renewed interest in the ecocide concept there are big hurdles to overcome, the first being sufficient political will………….. https://www.abc.net.au/news/2021-02-13/will-ecocide-become-an-international-crime/13136912

February 13, 2021 Posted by | 2 WORLD, environment | Leave a comment

Even a pro nuclear enthusiast admits that Small Nuclear Reactors cause toxic radioactive wastes

13 Feb 21 I was quite fascinated to note a paragraph in a long nuclear  propaganda article, (by Stikeman Elliott, in Mondaq) yesterday, in which this, hitherto rather hidden problem, gets a mention.

Of course, this pro nuclear writer is not really worried all that much about the actual problem.

Oh no –  his concern is about the public’s perception of it –  that public perception might hamper the develoment of the nuclear lobby’s newest gimmick. Can’t have that!

”…….efforts need to be made to address the perceived risks so as to establish confidence in the ability of SMRs to operate safely while proving to be a viable source of low-carbon energy. 

While SMRs produce less nuclear waste than traditional reactors, the issue of radioactive waste still exists. Nuclear waste needs to be safely stored and transported to secure facilities. SMRs have often been proposed as a solution for electricity generation in remote areas, but this proves problematic from a waste perspective as any nuclear waste would need to be transported over long distances. There is currently no permanent nuclear waste storage site in Canada……”

February 13, 2021 Posted by | 2 WORLD, Reference, Small Modular Nuclear Reactors | Leave a comment

Koeberg Nuclear Power Station containment buildings damaged by prolonged exposure to sea air

Koeberg Nuclear Power Station containment buildings suffer damage, ESI Africa, Feb 12, 2021   A recently released Eskom document has revealed that 40 years of exposure to sea air at Koeberg Nuclear Power Station has damaged the concrete of the containment buildings, according to Koeberg Alert Alliance.

At one stage the concrete containment dome was found to have cracked around the entire 110-meter circumference, states the Koeberg Alert Alliance.

“The containment buildings are the outer shells of the reactor buildings, built as pressure vessels to withstand the pressure if the reactors inside them ever malfunction and therefore prevent harmful radiation being leaked into the environment,” says DR, a member of Koeberg Alert Alliance and a retired analytical chemist.

“Where the chloride salts have entered, they have caused corrosion of the reinforcing steel bars, resulting in spalling and delamination of the concrete – it is even more alarming than I thought,” he says. Spalling results from water entering concrete which forces the surface to peel, pop out, or flake off. ……..

According to the Koeberg Alert Alliance, the provided 31-page report which refers to repairs done up until 2018, has eleven pages entirely blacked out and various other sections, photos and tables redacted with the reason given as “sensitive technical information”.

“The interesting parts are clearly those that have been redacted,” says University of Johannesburg Physics Professor, Hartmut Winkler. “The first big redact is titled History/Background and presumably describes past failures and recent damage that Koeberg Alert Alliance’s PAIA was interrogating. Why should the ‘History’ be sensitive due to technical information when the less redacted sections are full of technical details.

“The most puzzling redact to me are the references which are supposed to be publicly available documents, so why are they all being hidden? Do they expose some entities that Eskom does not want anyone to know have been involved with Koeberg and why? I would also query why the financial information would be redacted. Surely the public has a right to know how much money certain components cost, and what Eskom paid for them?” says Winkler.

This is a developing story, ESI Africa will do a follow up to give Eskom an opportunity to respond to the claims. https://www.esi-africa.com/industry-sectors/generation/koeberg-nuclear-power-station-containment-buildings-suffer-damage/

February 13, 2021 Posted by | incidents, South Africa | Leave a comment

Expert panel reports that North Korea is relying on cyberattacks to fund nuclear weapons.

February 13, 2021 Posted by | North Korea, secrets,lies and civil liberties | Leave a comment

UK’s Freedom of Information law revealed Israel nuclear link, but now FOI is under threat

February 13, 2021 Posted by | Israel, secrets,lies and civil liberties, UK, weapons and war | Leave a comment

European Parliament calls for a halt to Belarus nuclear plant in Ostrovets

February 13, 2021 Posted by | EUROPE, safety | Leave a comment

Iran warned by France, Germany, UK, over uranium metal production

France, Germany, UK warn Iran over uranium metal production, Iran is undermining the chance for renewed diplomacy to fully realise the 2015 nuclear deal objectives, the trio says. https://www.aljazeera.com/news/2021/2/12/france-germany-uk-slam-iran-for-uranium-metal-production

The United Nations’ nuclear watchdog said earlier this week that Iran had followed through on its plan to make uranium metal, after Tehran had alarmed Western nations with its intent to produce the material with which the core of nuclear weapons can be made.

There have been hopes that the 2015 nuclear deal between Iran and world powers could be revived through new talks under the administration of United States President Joe Biden, after his predecessor Donald Trump walked out of the deal in 2018.

The European trio, who are signatories to the deal formally known as the Joint Comprehensive Plan of Action (JCPOA), said in a joint statement on Friday that Iran’s move to produce uranium metal was a violation of the accord that endangers the chance to fully realise the deal, which aims to reduce international sanctions on Iran in exchange for limits to its nuclear programme

“We strongly urge Iran to halt these activities without delay and not to take any new non-compliant steps on its nuclear programme. In escalating its non-compliance, Iran is undermining the opportunity for renewed diplomacy to fully realise the objectives of the JCPOA,” said the European trio in a statement.

The IAEA report

The International Atomic Energy Agency (IAEA), the UN nuclear watchdog, said on Wednesday Iran has started producing uranium metal, in a fresh breach of the limits laid out in the 2015 deal……..it will require the most delicate diplomacy to move forward, with the White House insisting Iran must move to full compliance before the US can return to the deal, but Tehran wanting no preconditions.

Iranian President Hassan Rouhani on Thursday said he was disappointed with the Biden administration over the lack of progress to date.

“We have still not seen any goodwill from the new government,” Rouhani told state television.

February 13, 2021 Posted by | EUROPE, Iran, politics international | Leave a comment

Not mentioned? Nuclear fusion is hugely expensive, and this quest has produced much toxic waste

February 13, 2021 Posted by | technology, UK | Leave a comment

New types of computer malaware target nuclear facilities

February 13, 2021 Posted by | ASIA, incidents | Leave a comment

As UK govt desperate to promote nuclear industry, it’s even more desperate to solve nuclear waste dilemma

FT 9th Feb 2021,  UK returns to grappling with toxic nuclear waste dilemma. Two communities
in north-west England asked to consider hosting sites to bury radioactive material. In recent weeks the UK government has invited residents from two communities in north-west England to a “virtual exhibition” to gauge their views on whether they would be prepared to solve one of the biggest environmental challenges facing the country: what to do with more than half a century’s worth of toxic nuclear waste.
The boroughs of Allerdale and Copeland in Cumbria are considering whether to become host to an underground storage facility for the most radioactive by-products of the country’s nuclear industry. The process, which is designed to give local residents the final say, is run by the state-owned Nuclear Decommissioning Authority.
Like other countries with nuclear industries, the UK government has been grappling with the issue of long-term storage for several decades. This marks the fourth attempt to find a site to bury radioactive waste at depths of up to 1km underground.
But local opponents are outraged. The plans are “like a dog going back to its sick”, said Marianne Birkby, who lives 25 miles from Sellafield and runs Radiation Free Lakeland, which
campaigned against the facility last time.
Reluctance to host such a facility is not unique to the UK. “The reality is nowhere in the world is
there [yet] a functioning deep geological repository for spent nuclear fuel,” said Dr Paul Dorfman of University College London’s Energy Institute.
The search for a site is key to the government’s plans for nuclear power — one of its 10 flagship green policies [nuclear  is NOT green]— according tonuclear experts. “My personal position is I don’t think we should have any new nuclear power stations until we have a [long-term] disposal
strategy in place,” said Corkhill.

https://www.ft.com/content/2321bfae-839a-468f-b933-d699b6ff6864

February 11, 2021 Posted by | UK, wastes | 1 Comment

American media and politicians, including Biden, in the grip of the war profiteers

Who Are the Ultimate War Profiteers? A U.S. Air Force Veteran Removes the Veil, Covert Action Magazine By Christian Sorensen,  February 10, 2021  “………….The most well-known industry pressure comes in the form of lobbying both political parties and funding their congressional campaigns (with extra focus on members of pertinent committees, such as Armed Services, Intelligence, Appropriations, and Foreign Relations)

This produces tangible results. As Steven Semler of the non-corporate Security Policy Reform Institute calculated, Democratic votes on the National Defense Authorization Act

correlate strongly with the campaign cash members accepted from the war industry. On average, House Democrats who voted for the NDAA accepted four times the amount of war industry cash as those who voted against it. In the Senate, Democrats who cast supporting votes took in six times as much industry cash.

Warmonger-In-Chief

The Executive Branch is not exempt. Rapacious financiers—including hedge fund chiefs and venture capitalists—top the list of donors to the Biden Administration, though dark money groups prevent a full understanding of the overall campaign finance picture. Between July and September at least 67 billionaires and their spouses made contributions of more than $100,000 to committees supporting Joe Biden and the Democratic Party, according to records filed with the Federal Election Commission.

Biden’s campaign received over $9 million from Donald Sussman, CEO of Palmora Partners, a multi-billion dollar hedge fund, which has more than 260,000 shares in Raytheon, a preeminent weapons manufacturer and supplier of weapons to Saudi Arabia, which recently won a $100 million contract for Afghan Air Force training

Another of Biden’s top donors, Jim Simons, who gave over $7 million, founded Renaissance Capital, which owns 1.2 million shares in Raytheon worth over $75 million, and 130,000 shares in Lockheed Martin worth $50 million.

Big Tech is positioned prominently among donors to the Biden inauguration celebration. Biden has been clear on the campaign trail that he does not intend to cut the military budget, even going so far as stating, “I’ve met with a number of my advisors and some have suggested in certain areas the budget is going to have to be increased.” Biden’s advisors are part and parcel of the military-industrial-congressional complex. Cozying up to wealthy donors, Biden infamously assured them that “nothing would fundamentally change” in a Biden presidency. https://covertactionmagazine.com/2021/02/10/who-are-the-ultimate-war-profiteers-a-u-s-air-force-veteran-removes-the-veil/

Corporate Media Kool-aid

Corporate media prevent the public from understanding the nature of the problem. A handful of business interests owns media outlets in the United States. Profit drives corporate media. U.S. corporate media (e.g. CNN, MSNBC, FoxNews) share the same business model: air what attracts the highest ratings in order to get more advertising revenue.

Corporate media air info-tainment, designed not to inform or foster critical thinking. Informing the public is not a priority. Maintaining the existing economic order is.

To the extent that corporate media air any information at all, the information reflects the opinions of the ruling class and the dogma of Corporate America.

Politically conditioning the U.S. public, corporate media never blame the military-industrial-congressional complex or capitalism for any of the problems in the world. Aiming for high ratings and lucrative advertising revenue, corporate media self-censor and taper the spectrum of acceptable foreign policy debate. War corporations purchase advertisements on corporate “news” shows to further confine the debate. Corporate pundits and newscasters do not speak out against advertisers.

Corporate media hire career militants (e.g. former CIA Director John Brennan, MSNBC; former CIA Deputy Director Mike Morrell, CBS News; retired General Jack Keane, FoxNews) who further confine the debate. Retired generals and admirals regularly contribute to all forms of corporate media, often without disclosing existing ties to war corporations or financial investments in war.

The Smith-Mundt Modernization Act of 2012 allowed government to increase its propaganda in corporate media. Drawing funding from the wealthy donor class and large corporate interests, National Public Radio is similarly confined. NPR’s new CEO as of September 2019 is John Lansing, who recently led U.S. propaganda at the U.S. Agency for Global Media.
Other industry pressure comes in the form of funding and running pressure groups [e.g. National Defense Industrial Association (NDIA), Aerospace Industries Association (AIA), Association of the United States Army (AUSA)] to dominate the Pentagon, administer arms fairs, and push favorable policies; funding think tanks to keep the narrative neoliberal and pro-war; recruiting retired generals and admirals (e.g. Dunford at Lockheed Martin, Mattis at General Dynamics, Winnefeld at Raytheon) to leverage their knowledge for financial gain; and flooding the Pentagon’s civilian offices with corporate executives (e.g., Esper and then Austin, Secretary of Defense; Lord, Undersecretary for Acquisition and Sustainment; McCarthy, Secretary of the Army).  …………

Christian Sorensen is an Air Force veteran and author of the new book entitled Understanding the War Industry. See CAM’s review of the book: Wars R Us: A Review of Christian Sorensen’s New Book.  https://covertactionmagazine.com/2021/02/10/who-are-the-ultimate-war-profiteers-a-u-s-air-force-veteran-removes-the-veil/

February 11, 2021 Posted by | politics, Reference, USA | 1 Comment

Catastrophic’ Nuclear Power Accidents ‘Highly Likely’ If US Reactors Are Extended For 100 Years.

Catastrophic’ Nuclear Power Accidents ‘Highly Likely’ If US Reactors Are Extended For 100 Years. Sputnik News, 10 Feb 21Nuclear reactors in the United States were originally only certified to be operated for a maximum of 40 years. However, the Nuclear Regulatory Commission has been extending their operating time beyond that and is now considering doing so, yet again, this time up to 100 years.

Professor Karl Grossman is an award-wining investigative journalist. He authored Cover Up: What You Are Not Supposed to Know About Nuclear Power and Power Crazy and is the writer and presenter of television programmes on nuclear power. Grossman tells Sputnik that “nuclear power plants in the US were never seen as operating beyond 40 years” and that plans to extend their operating licences for more than twice that amount of time is incredibly dangerous. Every day a nuclear power plant operates the intense radiation embrittles (i.e. weakens) the metal in the reactor. “If the reactor is embrittled and cracks”, Grossman says, quoting a nuclear engineer-turned whistleblower, “it’s game over”.

Sputnik: You recently co-authored an article with journalist Harvey Wasserman calling on President Joe Biden to “inspect” the US’ “embrittled reactors”. Explain what exactly an embrittled reactor is.

Professor Karl Grossman: As Arnold “Arnie” Gundersen, a nuclear engineer with more than 44 years of experience in the nuclear industry, who became a whistleblower and is now chief engineer at Fairewinds Associates, described embrittlement in a nuclear power plant to my co-author of the article, Harvey Wasserman:

“When exposed to radiation, metal becomes embrittled and eventually can crack like glass. The longer the radiation exposure, the worse the embrittlement becomes. A nuclear reactor is just like a pressure cooker and is a pot designed to hold the radioactive contents of the atomic chain reaction in the nuclear core”, continued Gundersen, whose experience includes being a licensed Critical Facility Reactor Operator. “And metals in reactors are exposed to radiation every day a plant operates”……….

Sputnik: Why do you think that embrittled reactors are “at the top of the list of nuclear power concerns”?

Professor Karl Grossman: There are numerous major concerns regarding nuclear power plants.

But embrittlement is on the top of the list because nuclear power plants in the US were never seen as operating beyond 40 years—because of embrittlement.

That’s why the operating licenses originally issued by the US government for the plants were limited to 40 years. After 40 years, they were considered to be unsafe to run—because of embrittlement…….

virtually all operating atomic reactors are producing electricity at much higher base costs than solar and wind.

So the Nuclear Regulatory Commission is seeking to try to bail out the nuclear industry—to keep it going—by allowing nuclear power plants to operate for 100 years.

The US Nuclear Regulatory Commission has been staunchly pro-nuclear through the years, captured by the nuclear industry, indeed nicknamed the Nuclear Rubberstamp Commission for doing whatever the US nuclear industry wants it to do…….

, in extending the operating licenses for nuclear power plants for decades, the US Nuclear Regulatory Commission is also allowing them to be “uprated”—to run hotter and harder to generate more electricity and to further increase the likelihood of a nuclear power plant disaster.

The bottom line: a nuclear power plant catastrophe is being invited……..

Sputnik: What exactly is it that Joe Biden or his administration can do to address these issues?

Professor Karl Grossman: Biden must step in and order the inspection for embrittlement of US nuclear power plants. The old, decrepit nuclear power plant fleet in the US—with embrittled metal components—must be inspected. And with embrittlement and other likely age-induced problems, they must be shut down.

Biden must act to prevent what would constitute nuclear suicide in the United States.

Last month, Biden announced a climate change agenda transitioning the US towards renewable energy. But taking action against fossil fuel is not enough. Nuclear power plants are also engines of global warming. The claim of the nuclear industry that atomic energy is “carbon free” is a lie. The “nuclear fuel chain” which includes uranium mining, milling and fuel enrichment is carbon intensive, and nuclear power plants themselves emit Carbon-14, a radioactive form of carbon.  

Sputnik: Can these embrittled reactors simply be replaced in order to safely extend the life of the power plant?

Professor Karl Grossman: It makes no sense to replace these deadly machines when here today [we have] safe, clean, green, renewable energy—led by solar and wind.

Nuclear power plants make no sense economically. Consider the only two nuclear power plants now under construction in the US, Vogtle 3 and 4 costing $30 billion for the two and the price still rising, and solar and wind being able to producing electricity at a lower cost—and be put into operation far more rapidly. And there are additional safe, green, cost-effective, clean, renewable energy sources—energy, most importantly, that we can live with.

Sputnik: Is there a realistic alternative to extending the lives of nuclear power plants?

Professor Karl Grossman: The realistic alternative is to shut down all 94 nuclear power plants now in the US and move ahead fully implementing the use of safe, green, cost-effective clean, renewable energy technologies. And this should be emulated in countries all over the world with nuclear power plants.

Three decades ago the Union of Concerned Scientists published a book titled Renewables Are Ready. Now renewables are more than ready to power the world. https://sputniknews.com/analysis/202102101082010676-catastrophic-nuclear-power-accidents-highly-likely-if-us-reactors-are-extended-for-100-years/

February 11, 2021 Posted by | safety, USA | 1 Comment

Wales government irresponsible to consider expensive move towards nuclear power development

PAWB 7th Feb 2021, OPEN LETTER TO MARK DRAKEFORD, FIRST MINISTER OF WALES. Surprise if not disbelief was our response to the story in the Sunday Times today that reported on the Welsh Government being in talks with Hitachi about buying almost 750 acres of land near the Wylfa nuclear power station. It is worrying that your Education Minister, Kirsty Williams did not deny the story in a television interview today.

Far too much time, money and political energy has been wasted over the past twenty years in Wales as politicians from all parties in the Senedd in Cardiff have followed the political whims of Tony Blair, Gordon Brown, David Cameron, Theresa May and Boris Johnson in favour of having a new generation of large nuclear reactors.

The history of the site near Wylfa bought by RWE from EdF in 2007 is a perfect illustration of this complete waste of time and money. The RWE/Eon consortium from Germany who set up Horizon stepped aside in March 2012 and were very lucky to sell the Wylfa and Oldbury sites for quite a profit to Hitachi.

Of course, over two years have now passed since Hitachi made the majority of the Horizon workforce redundant and suspended work on the Wylfa site. The writing was on the wall and it was only a matter of time before the announcement in September 2020 that Hitachi were giving up completely on building two of its ABWR reactors on the site. To rub salt into the wound, Hitachi has announced Horizon will cease to exist at the end of March, and even more significantly, the Planning Inspectorate’s report on Horizon’s full planning application was published a few days ago noting that the application would not have been approved.

The main reasons given for refusal were the substantial effect on the biodiversity of this expansive area that such a huge plan would have, whether the tern colony at Cemlyn or grassland across the site.

Significantly also, the inspectors believed that the huge scale of the development would cause
great damage to the linguistic balance of the county with the second highest percentage of Welsh speakers in Wales. Stepping in by the Welsh Government immediately after the publication of the Planning Inspectorate’s report to try to buy the site would show extreme lack of judgement and sensitivity.

Now, of all times, with the COVID-19 pandemic having turned our world upside down, it would be a totally irresponsible action by your Government to spend millions of pounds on a site which is not considered suitable by the Planning Inspectorate for large nuclear reactors.

https://www.stop-wylfa.org/

February 11, 2021 Posted by | politics, UK | Leave a comment