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

Nuclear fuel reprocessing will leave tax-payer to pay $trillions for waste disposal

President Carter’s Executive Order banned nuclear fuel reprocessing in the 1970’s. Congress recently – and quietly – passed legislation at the behest of the nuclear industry and utilities that appears to circumvent that decision……Interestingly, by U.S. law, once nuclear waste is removed from the property of the utilities, it then becomes the problem of the federal government and tax payers, and no longer a liability for utilities and corporate shareholders…..Somewhere between two to four trillion in U.S. tax dollars has gone to the nuclear experiment, in all its forms over the decades, but now we face very real fiscal constraints.

A blue-ribbon, “nuclear” bus ride  Mountain Xpress, Ned Ryan Doyle, 21 Jan 2011 “.………It’s no secret that temporary storage facilities for high level nuclear waste at our nation’s nuclear plants are at, or beyond, design capacity. Continue reading →

January 21, 2011 Posted by | business and costs, reprocessing, USA | Leave a comment

Ballooning $billions cost of Uranium Processing Facility

Uranium facility’s cost leaps: Y-12 officials ‘taken aback’ but defend design increases Knoxville News Sentinel, Frank Munger, 20 Jan 2011, OAK RIDGE —A lot of folks were shocked last November when the projected cost of the Uranium Processing Facility jumped from $1.4-$3.5 billion to the current cost range of $4.2 billion to $6.5 billion. Continue reading →

January 21, 2011 Posted by | business and costs, Uranium, USA | Leave a comment

Renewable energy jobs refuelling the global economic recovery

Globally, research from the United Nations Environmental Programme (UNEP) has shown that a shift to a a low-carbon and sustainable economy can create millions of green jobs across many sectors of the economy.

How Green Jobs Are Fueling The Recovery Responsible Careers, just means, 16 Jan 2011, “……………..The good news for responsible professionals and socio-eco innovators is that green jobs are likely to fuel the recovery both globally and in the US. Continue reading →

January 18, 2011 Posted by | 2 WORLD, employment | Leave a comment

Florida electricity customers pay up in advance for building nuclear reactors

in most states, North Carolina included, utilities can’t make customers pay preconstruction costs for proposed nuclear plants. In Florida, they can….they pay in advance for a nuclear plant Progress wants to build in Levy County. …

Electricity Costs Customers More in Florida , Sunshine State News

Nancy Smith’s blog January 17, Cutomers of Progress Energy Florida pay more than the customers of its new parent company, North Carolina-based Duke Energy — and the diference is sizable. Continue reading →

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

Only taxpayer money can save Atomic Energy of Canada’s Candu nuclear reactor business

Bruce Power Pulls out of Bidding for Atomic Energy of Canada  Nuclear Street , Jan 17 2011 Edited By Tom Lamar -According to news reports, plans to sell Atomic Energy of Canada Ltd. (ACEL) have hit a snag. Bruce Power has pulled out of talks to buy AECL’s troubled Candu reactor business. The reports stated that Bruce Power’s CEO told staff Friday that the company has dropped out of the bidding process.Bruce has informed Ottawa it will not pursue its bid for the country’s flagship nuclear company, more than a year after the official bidding kicked off.None of the larger reactor design companies have submitted a bid to purchase ACEL.AECL has yet to complete the design and nuclear safety certification of their Advanced Candu Reactor (ACR) 1000, and sources say SNC has made it clear it will only go forward with the project with government backing…… Bruce Power Pulls out of Bidding for Atomic Energy of Canada Ltd – Nuclear Power Industry News – Nuclear Power Industry News – Nuclear Street – Nuclear Power Portal

January 18, 2011 Posted by | business and costs, Canada | Leave a comment

Increasingly grim outlook for nuclear industry in North America

Why the U.S. nuclear industry’s ambitions are at risk of going up in smoke – The Globe and Mail, 17 Jan 2011, North America’s much-touted nuclear revival is in jeopardy, but it is not environmental and safety concerns that are undermining it. The industry is finding it increasingly difficult to make the economic case in both Canada and the United States. Continue reading →

January 16, 2011 Posted by | business and costs, NORTH AMERICA | Leave a comment

Safety and costs concerns stall Taiwan’s nuclear program

Taiwan May Delay Startup of its Fourth Nuclear Plant,  BusinessWeek, by Yu-Huay Sun in Taipei January 14, 2011  (Bloomberg) — Taiwan Power Co. may delay the startup of the island’s fourth nuclear plant for the fifth time since the state-run utility proposed the project in 1980………..Taipower, the island’s monopoly grid operator, had postponed four times the start of the No. 4 plant, located 40 kilometers (25 miles) east of Taipei, because of safety concerns and rising construction costs. The project costs about NT$280 billion ($9.65 billion), according to Huang. Taiwan May Delay Startup of its Fourth Nuclear Plant – BusinessWeek

January 15, 2011 Posted by | business and costs, Taiwan | Leave a comment

France trying to sort out its nuclear energy business mess

Energy Minister Eric Besson  said the government would unveil a new framework for investments in the solar power sector by mid-February

France to decide on nuclear industry shake-up in Q1 Reuters, 14 Jan 2011, Government to hold nuclear policy council in next weeks* EDF, Areva partnership options to be reviewed* Areva against EDF leadership, says would hinder its sales* Committee reviewing candidates for Areva’s helm – minister By Marie MaitrePARIS, – France will hold a nuclear policy council in coming weeks to decide on the reorganisation of its nuclear industry Continue reading →

January 14, 2011 Posted by | business and costs, France | Leave a comment

Indian govt twisting around to get insurance cover for nuclear accidents

“This thing involves large amount of risks. We will have to firstconstitute a pool which will be a member of the larger global pool (of nuclear accident insurance). That is yet to be figured out,”

It is felt that the ambitious programme expected under the Indo-US nuclear deal may not materialise to the desired extent unless there is insurance protection for nuclear accidents.….theIndo-US nuclear deal could open up investment opportunities tothe tune of USD 500 billion over the next decade.

Insurance cover for nuclear accidents likely – Oneindia NewsNew Delhi, Jan 12 Continue reading →

January 13, 2011 Posted by | business and costs, India | Leave a comment

China ahead of USA in race to provide millions of renewable energy jobs

“They’re doing this because they really want to be the world’s supplier of clean energy and they recognise this will support millions of jobs.”

China is green, US sees red, Khaleej Times, Michael Richardson10 January 2011 China is rapidly becoming a global colossus in renewable energy as it seeks to reduce reliance on polluting fossil fuels and establish itself as the top clean-power manufacturer and exporter. Continue reading →

January 10, 2011 Posted by | China, employment, renewable | 1 Comment

‘Green collar’ jobs opportunity with renewable energy in Florida

Group Says Renewable Energy Could Produce 95,000 Florida Jobs, Sunshine State News, Kenric Ward: January 3, 2011 The Florida Alliance for Renewable Energy says alternative power sources hold the key for employment in the state.”In the November TaxWatch Survey, 80 percent of Floridians agreed that it is time for our Legislature to take action on renewable energy, and 70 percent of Floridians agreed that they would be willing to pay $1 or more per month in order to achieve renewable energy,” said Mike Antheil, head of FARE.”With 1,096,000 out of 9,233,000 workers unemployed in the state of Florida, our citizens, our businesses and our elected officials have all embraced the job creating power that achieving renewable energy can bring. An estimated 95,000 jobs could be created with the development of 1.5 GW of solar projects… Group Says Renewable Energy Could Produce 95,000 Florida Jobs | Sunshine State News

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

Economics, Climate Change, Safety Concerns, all cast Doubt on Nuclear Revival

China builds French reactor for 40% less. We can hope all of the new reactors around the world are built to high standards, and are operated professionally, but it seems to me that there is less and less control possible over this situation.

Why Nuclear May Not be the Answer to Oil Shortages | Oil Price.com, By. Gail Tverberg, 8 Jan 2011, …………The problem is that there is also a possibility that somewhere along the line, things will start breaking down. Perhaps the decline in oil production will affect the financial system, or international trade, or even the electrical system.The possibility doesn’t even have to be high percentage-wise. Suppose there is a 5% chance of such an adverse outcome. It would seem like such an adverse outcome could impact the safety of the nuclear power plants. Continue reading →

January 8, 2011 Posted by | 2 WORLD, business and costs | Leave a comment

Delay to world’s most expensive nuclear plant, in Taiwan

delays had blown up the budget for the plant to about $9 billion. This compares with a budget of about $3 billion when the project got off the ground in the 1990s, and according to the paper this would make it the world’s most expensive nuclear facility.

Taiwan’s new nuclear plant delayed, operator says – INQUIRER.net, Philippine News   01/07/2011 TAIPEI– The opening of a controversial new nuclear power plant in Taiwan that has already far exceeded its budget has been put back for months at a cost of hundreds of billions of dollars, its operator said Friday Continue reading →

January 8, 2011 Posted by | business and costs, Taiwan | Leave a comment

Germany’s booming green collar jobs

the renewable-energy industry has been one of the biggest sources of new jobs in Germany in the past decade and has been boosting exports…..About 340,000 workers in Germany are employed in the making and installation of wind turbines, solar panels and other clean- energy equipment. That workforce has doubled since 2004,

Merkel’s Nuclear Embrace Earns Derision as German Clean-Power Costs Climb – Bloomberg ,  By Jeremy van Loon – Jan 5, 2011 “…………..Germany a green-power success story. It gets more than 17 percent of its electricity from wind turbines, solar arrays and other renewable resources, up from about 6 percent a decade ago, according to the German Renewable Energy Federation. Continue reading →

January 6, 2011 Posted by | business and costs, Germany, renewable | Leave a comment

Cape Cod’s tourism and water endangered by uranium industry

the same kind of issue has arisen again out in Colorado, concerned not with nuclear waste disposal and reprocessing as with the aborted “Atomic Park,” but with uranium mining and processing…..Even if no leak ever occurred, however, the presence of a large scale uranium industry in the area would kill the booming tourist industry -a real concern for the Cape fifty years ago as well…..

Nuclear Idiocy Redux -From Cape Cod To Telluride, Cape Cod Today,  5 Jan 2011, “………Proponents of the Atomic Park scheme, including the Buzzards Bay and Barnstable Chambers of Commerce, said it would be a huge boon for the Cape. In actuality, the idea was conceived as a huge boondoggle for the nuclear industry, a way to save billions in the proper handling and disposal of nuclear waste that would jeopardize the health and safety of all Cape Cod residents. Continue reading →

January 6, 2011 Posted by | business and costs, USA | Leave a comment

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