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Danger in Houthi Smuggling of Thorium to Iran

August 18, 2020 Posted by | MIDDLE EAST, secrets,lies and civil liberties | Leave a comment

Tehran urges IAEA to shed light on Saudi ‘covert’ nuclear program.

Tehran Times 9th Aug 2020, Tehran urges IAEA to shed light on Saudi ‘covert’ nuclear program.
“Despite the fact that Saudi Arabia is a member of the Non-Proliferation
Treaty and has a comprehensive bilateral safeguard agreement with the
Agency, it has unfortunately refused to abide by its commitments to the
Agency’s inspections despite repetitive calls,” Kazem Gharibabadi said,
according to Tasnim.
Gharibabadi urged the IAEA to carry out investigations
and submit a full report on the status of nuclear activities in the Saudi
kingdom. Raising alarm about Riyadh’s nuclear ambitions, the ambassador
said the international community will not accept Saudi “deviation” from a
peaceful nuclear program and will confront it.
The comments came after
American intelligence agencies reportedly said they had spotted an
undeclared nuclear site near Saudi Arabia’s capital Riyadh, scrutinizing
attempts by the kingdom to process uranium and move toward the development
of atomic bombs.
The New York Times reported on Wednesday that the agencies
had in recent weeks circulated a classified analysis about Saudi attempts
to build up its ability to produce nuclear fuel that could potentially lead
to the development of nuclear weapons. The study shows “a newly completed
structure near a solar-panel production area near Riyadh, the Saudi
capital, that some government analysts and outside experts suspect could be
one of a number of undeclared nuclear sites,” the report said.

https://www.tehrantimes.com/news/451028/Tehran-urges-IAEA-to-shed-light-on-Saudi-covert-nuclear-program

August 11, 2020 Posted by | Saudi Arabia, secrets,lies and civil liberties, weapons and war | Leave a comment

Nuclear crime seems to have actually still been worth it for South Carolina fraudsters

Executive admits fraud in fleecing ratepayers and shareholders  https://wordpress.com/read/feeds/72759838/posts/2851460855  By Linda Pentz Gunter

“It looks like crime might well pay after all.”

That was the weary and only slightly tongue-in-cheek conclusion drawn by longtime anti-nuclear campaigner, Tom Clements recently, after a former South Carolina nuclear utility executive pled guilty to fraud in federal court.

Clements is the director of Savannah River Site Watch, but his activism has, for decades, extended well beyond the perimeter of that vast nuclear site.

For years, Clements and others have followed — and attempted to stand in the way of — the forced march of South Carolina ratepayers toward nuclear fiasco. When it finally unraveled in late July, there was only cautious cause for celebration.

On July 23, Stephen Byrne, the former COO of SCANA, the South Carolina utility originally in charge of the construction of two new nuclear reactors in the state, pled guilty in a massive nuclear conspiracy that defrauded ratepayers, deceived regulators and misled shareholders.

Byrne is charged with lying about progress on two Westinghouse AP 1000 reactors under construction — and since abandoned — at the V.C. Summer site, where costs ballooned to more than $9 billion.

The lies — or “intentional misrepresentations” as court documents described them — were necessary to make the case that the two new reactors would be finished on time, thereby qualifying the company for $1.4 billion in future federal tax credits.

But when Clements did the math, Byrne still came out ahead. “One of the court filings says Byrne earned $6.3 million from 2015-2017,” Clements said. “The project originally started with a filing with the SC Public Service Commission in 2008 and ended in July 2017. His plea agreement says he will pay a $1 million fine, though the judge could make it higher.”

So yes, crime still pays.

And so did South Carolina ratepayers. They were bilked of at least $2 billion until the project faltered and finally collapsed. A class action law suit and decisions by judges will see millions returned to ratepayers.

Ironically, the Nuclear Energy Institute, the industry’s lobbying group, gave Byrne the opportunity to explain exactly how ratepayers could be fleeced in advance to save money. In this 2012 NEI video, Byrne describes how Construction Work in Progress (CWIP) would allow the utility to collect funds from ratepayers in advance rather than waiting for construction completion — which has now, of course, not happened, even though customers paid for two new reactors that failed to materialize.

Byrne, who began cooperating with investigators about two years into the now three year-long investigation, could face jail time and a fine, but will likely testify against his co-conspirators to reduce his punishment.

For the time being, the judge has let him go home without even requiring he post the $25,000 bond. Sentencing could be years down the road. Clements believes Byrne “should face prison time” and that he “must fully reveal the criminal role of others in the conspiracy that has been so disastrous for ratepayers.”

Two other top SCANA executives could also be in the FBI’s crosshairs by now — former CEO Kevin Marsh and former chief financial officer Jimmy Addison.

Early warning signals of trouble to come sounded in February 2020, when Byrne and Marsh were charged with civil fraud by the Securities and Exchange Commission (SEC). The agency said the pair “lied and deceived shareholders, regulators, and the public regarding the construction of two new nuclear units at the V.C. Summer site, which the company abandoned amid massive cost overruns in July 2017,” according to reporting in Energy and Policy.

The thoroughly duped — or possibly hopelessly biased — S.C. Public Service Commission, had earlier “allowed SCE&G to raise its electric rates nine times to finance the doomed V.C. Summer Nuclear Station project,” reported the Charlotte Observer.

But by January 2019, the PSC had changed its mind, saying that “SCE&G intentionally misled the commission about a failing nuclear reactor construction project to win electric rate hikes.”

Clements joined other protesters outside the Columbia, SC courthouse where Byrne pled guilty to his offenses. “As he scurried into the federal courthouse, Byrne refused to tell us if he would apologize for his crime against ratepayers,” Clements said.

He, along with other South Carolina activists, and with support of Friends of the Earth, had consistently opposed the state law (CWIP, described in the NEI video), that had allowed the utility to fleece ratepayers in advance of completion of the reactors. The groups had also contested approval of the two-reactor project before the SC PSC since 2008.

As Clements watched Byrne enter the courthouse, finally forced to face up to his crimes, he basked, for a brief moment, in the glow of the celebratory light at the end of the tunnel.

“I’m glad there is going to be a little bit of justice,” Clements told the Post and Courier. And in an email, he wrote: “Nukes bring fraud, graft and corruption wherever they go. The next charges here will be more serious, I think.”

The Post and Courier described the nuclear debacle as “one of the worst economic calamities in South Carolina history”.

But while there may eventually be a day of reckoning — and sentencing — until then, South Carolina ratepayers could keep right on paying.

That is because, when SCANA went bankrupt over the Summer debacle, Dominion Energy took over. Dominion, says Clements, “will file a rate-hike request next month and the cost to ratepayers for the nuclear construction debacle will go up.”

August 10, 2020 Posted by | politics, secrets,lies and civil liberties, USA | Leave a comment

Nuclear blackmail in Illinois — Beyond Nuclear International

Ratepayers robbed of renewables as well as cash

Nuclear blackmail in Illinois    https://wordpress.com/read/feeds/72759838/posts/2851460456

Exelon stranglehold on energy legislation runs long and deep

By David Kraft, 9 Aug 20 

The recent Illinois lobbying corruption scandal involving Exelon Corporation, its subsidiary Commonwealth Edison and Democratic House Speaker, Michael Madigan, demonstrates the extent to which nuclear “power” is about more than electrons.

The FBI arrests of the Ohio House Speaker and five others in a $60 million bribery/corruption scheme; the $10 billion Exelon nuclear bailout in New York; the questionable circumstances surrounding Exelon’s 2016 PepCo merger; and the South Carolina $9 billion SCANA fraud case, suggest that this may be a national pandemic.

All of this was summarized nicely in a recent New York Times opinion column, “When Utility Money Talks,” (8/2/20).

However, the situation in Illinois with Exelon, and its subsidiary ComEd, has been longstanding and particularly egregious.

For decades, Exelon’s stranglehold on Illinois energy legislation, in cooperation with the currently investigated Mr. Madigan, has stuck Illinois with more reactors (14) and high-level radioactive waste (>11,000 tons) than any other state. It has also severely stifled expansion of renewable energy and energy efficiency, and hampered the Illinois energy transformation to renewables needed to deal with the worsening climate crisis.

For decades, the Illinois environmental community has seen renewables expansion thwarted because no significant renewable energy buildout could occur without concessions to either Exelon or ComEd, and without Speaker Madigan’s approval. The most recent instance was the 2016 $2.35 billion bailout of three uncompetitive Exelon reactors.

This “nuclear blackmail” politics has forced environmentalists wanting to see new legislation pass that would expand renewables, into a reluctant and grudging alliance with Exelon, but on Exelon’s terms, with capacity market “reform” rewarding both renewables and ten of the company’s operating reactors.

If passed in its presently proposed form, this new legislation would provide yet another nuclear bailout under the disguise of “market-based reform.”

To ratchet up the pressure to enact this nuclear prop-up even more, Exelon CEO Chris Crane, in Exelon’s 2Q quarterly earnings call with analysts, once again dangled the prospect of closing up to six reactors if this market-based-bailout is not granted in 2021.

Under the current ongoing FBI corruption investigation, this reluctant alliance of necessity has turned disastrous, given the political toxicity of any current association with either ComEd or Exelon.

It is just and reasonable that ComEd executives (and the so-called “bad apples” who “retired” already), should be penalized and prosecuted for their misdeeds, even if they are reportedly “cooperative.”

However, a $200 million “settlement” penalty for a $34 billion corporation, which for decades has gouged billions from Illinois ratepayers through admittedly corrupt illegal practices, is a slap on the wrist.

Further, the $200 million penalty agreement provides no restitution for the decades-long societal damage done via nuclear pay-for-play.

Illinois rate payers deserve restitution from these and any predatory, corrupt companies that would engage in such activities. This may require explicit legislation. How can one logically or ethically assert that ill-gotten gains (e.g., the 2016 $2.35 billion nuclear bailout) are still “good for the public” when bribery and corruption were used to get them?

Last Fall, a spokesperson for Illinois Gov. JB Pritzker stated, “The governor’s priority is to work with principled stakeholders on clean energy legislation that is above reproach.”  Gov. Pritzker – your moment of truth has arrived.

We urge the governor and the legislature to begin the restitution process by repealing the $2.3 billion 2016 nuclear bailout. Further, and as others like Crain’s Joe Cahill have suggested, Crane must step down completely from all functions at Exelon.

The legislature should also enact explicit utility ethics legislation, with transparent oversight of utility contracting and philanthropic giving activities, to insure that this kind of corrupt behavior is not repeated.

And if Crane’s threat of imminent reactor closure is true, then community just-transitions legislation to protect those negatively impacted communities should be a priority of the legislature.

As NEIS has maintained — and advocated since 2014 — it’s the reactor communities (and equally adversely affected coal mining and power plant communities) that need state support and bailouts when plants are threatened with closure, not profitable private corporations like Exelon.

Finally, we support the FBI’s continued investigation into the activities of Speaker Madigan, his associates, and other legislators if necessary, to ferret out the remaining political corruption that has abetted this corporate larceny.

This is the only way to send a significant and lasting message that nuclear pay-for-play in Illinois is over.

David Kraft is the director of Nuclear Energy Information Service

 

August 10, 2020 Posted by | business and costs, politics, secrets,lies and civil liberties, USA | Leave a comment

Nuclear scandals in Ohio and Illinois raise serious issues about the role of government in the electricity sector.

August 10, 2020 Posted by | politics, secrets,lies and civil liberties | Leave a comment

Bribery scandal haunts Exelon – casts doubt on future of Exelon’s Illinois Nuclear Plants

August 6, 2020 Posted by | business and costs, secrets,lies and civil liberties, USA | Leave a comment

Utah Taxpayers – NuScam nuclear power project costly and public kept in the dark

New Information Disclosed in Meeting Closed to Public Points to Major Budget Commitments, Delay Risks in UAMPS Power Project  https://utahtaxpayers.org/new-information-disclosed-in-meeting-closed-to-public-points-to-major-budget-commitments-delay-risks-in-uamps-nuclear-power-project/

by Tax Watchdog | Aug 4, 2020    “We Need Public Hearings and We Need Public Votes”: UTA Calls for Full Transparency and Accountability Ahead of September 14th Deadline; Parallels Seen to Ohio, Illinois and South Carolina Nuclear Controversies Where Public Was Kept in the Dark.

SALT LAKE CITY – August 4, 2020 – Utah Associated Municipal Power Systems (UAMPS) and NuScale Power held an “online town hall meeting” on July 21st, but there was just one problem: due to a quirk in Utah’s open meeting laws, the town was not invited. Not only did UAMPS/NuScale fail to be transparent in terms of the meeting about their controversial small modular nuclear reactor plans, but they also failed to disclose new and troubling information that emerged during the behind-closed-doors virtual session, according to the nonprofit Utah Taxpayers Association (UTA). UTA and Peter Bradford, a former U.S. Nuclear Regulatory Commission (NRC) member, warned that potentially higher costs, project delays, and other risks could be costly for UAMPS members and ratepayers.

A total of 34 municipalities in Utah, Idaho, New Mexico and California (see full list below) are participating in the UAMPS small modular nuclear project. Ratepayers will be locked into more than $100 million in commitments by a September 14th deadline and billions of dollars of risks later on if UAMPS members do not opt out of the project. The need for openness is particularly important while the nuclear industry is currently facing major credibility problems with scandals in Ohio, Illinois, and South Carolina.

On July 21st, UAMPS and NuScale held a so-called “online town hall meeting,” which was not made open to the media under a special Utah exemption for UAMPS for open meeting requirements. A video copy of the UAMPS/NuScale event was acquired after the fact. (The timecodes shown below refer to various points in the video.)

Rusty Cannon, Vice President, Utah Taxpayers Association, said: “The UAMPS project will lock in 27 municipalities in Utah and several in surrounding states for a share of billions of dollars in costs and unclear risk in the pursuit of a cluster of small modular reactors (SMRs) touted by Oregon-based NuScale Power, which repeatedly has delayed timelines and increased costs associated with its SMRs.”

Cannon added: “This risky project with massive cost escalations is being conducted largely out of the public eye. Most recently the public was barred from a late July online ‘town hall meeting,’ the content of which has since come to light and which raises serious concerns about what has not been disclosed to the general public. The Utah Taxpayers Association urges elected officials involved with UAMPS to disclose all relevant information to the public so decisions can be made in the open and city officials can be held accountable. We are urging city councils in Utah that are subscribed to the project to vote in a public meeting before the September deadline to withdraw from the project.”

Also speaking at today’s news event was Peter Bradford, a former member of the U.S. Nuclear Regulatory Commission who served as chair of both the New York Public Service Commission and the Maine Public Utilities Commission. He has been an expert witness in many cases involving nuclear power economics, and he has taught Nuclear Power and Public Policy at the Vermont Law School as well as Energy Policy and Environmental Protection at the Yale School of the Environment.

Peter Bradford said: “There is the very real possibility of large rate increases to the customers in these communities due to inadequate safeguards in this project. It is difficult to understand the case for taking on this risk given the certainty of cheaper clean energy alternatives as clearly shown by recent purchases of firm combinations of renewables, energy efficiency plus storage elsewhere in the West. The cost of lack of transparency plus unwise and secretive deals has resulted in the nuclear energy industry becomingembroiled in multiple debacles. UAMPS members and ratepayers should   take heed and avoid making the same mistakes.”

Just what is UAMPS and NuScale failing to disclose to the public?

  • RAPIDLY ESCALATING CONSTRUCTION COSTS. NuScale’s website currently explains to the public: “The estimated construction cost for the first NuScale 684 MWe (net) plant is about $3 billion.” However, during the July 2020 “town hall,” UAMPS contractor Bob Squires (MPR Associates) calls the project a “roughly $5 billion nuclear power plant development project with first of a kind technology.” (3:47:24)  Even worse: NuScale’s 2020 Amended Budget & Plan of Finance projects a total cost of approximately $6.1 billion.
  • MAJOR MISSED DEADLINES. In 2008, NuScale explained: “With timely application for a combined construction and operating license (COL), a NuScale plant could be producing electricity by 2015-16.” In 2019, UAMPS publicly announced that the NuScale nuclear power plant would begin construction in 2023, “with the first 60 MW module becoming operational in 2026 [and] [o]ther modules would come on-line soon thereafter.” However, during the non-public July “town hall,” Glenn Neises, nuclear director, Burns & McDonnell, announced for the first time that completion is now projected for June 2030, and the first module is not expected to become operational until June 2029. (3:22:25) And things could get even worse. Warning of possible new delays, Neises said: “I’d also like to stress that this is the current schedule and expect it to change as we see changes in funding, engineering moves forward, and as licensing advances.” (3:22:25)
    • LOW-BALLED ENERGY PRICE. Doug Hunter, UAMPS CEO, said an undisclosed Economic Competitiveness Test (ECT) determined the UAMPS project power that could be generated would cost $55/MWh in 2018 dollars. (24:30) The UAMPS/NuScale estimate contrasts sharply with other independent utility projections (PacifiCorp’s estimate of $95/MWh  and Idaho Power’s estimate of $125/MWh). Doug Hunter confirms this in answering a question as to why large investor-owned utilities are not pursuing this project: “Right now they’re still relying on existing capacity, most of them, to fill in energy with renewables because that happens to be the lowest IRP.” (2:28:20)
    • DEPENDENCE ON UNPREDICTABLE FEDERAL SUBSIDIES. Mason Baker, UAMPS chief legal officer, admitted during the “town hall” that project organizers are now banking on a “massive increase” in the federal government’s contribution to UAMPS, a jump from $60 million to $1.4 billion. (48:30) UAMPS now acknowledges taxpayer subsidies are necessary to achieve the $55 per MW/h price point. (53:50) In effect, U.S. taxpayers are being asked to subsidize roughly 25 percent of the UAMPS SMR project to artificially hold down energy costs. However, taxpayer subsidies of this sort are both objectionable on their merits, entirely unpredictable as to passage, and subject to being withdrawn at any time.
    • The Utah Taxpayers Association also noted that no town or city of more than 100,000 has opted into the UAMPS SMR project, which has not been successful in securing investments in it by investor-owned utilities. It is not apparent that any UAMPS member so far opting into the SMR project has been able to afford to do its own independent financial evaluation of the project, and, instead, may be over relying on assurances from the promoter, NuScale. Committing a municipal government to a long-term contract of this magnitude could result in massive sunk costs and higher rates and taxes on citizens.
  • The following are the UAMPS members currently subscribed to the SMR project: Utah (Beaver City, Blanding, Bountiful, Brigham City, Enterprise, Ephraim City, Fairview City, Fillmore City, Heber City Light & Power, Holden Town, Hurricane City, Hyrum City, Kanosh Town, Kaysville City, Lehi, Logan City, Monroe City, Morgan City, Mt. Pleasant City, Murray City, Oak City, Paragonah Town, Parowan, Payson City, Santa Clara City, South Utah Valley Electric Service District, Spring City, Washington City, and Weber Basin Conservancy District); Idaho (Idaho Falls Power and Salmon River Electric Cooperative, Inc.); California (Lassen Municipal Utility District and Plumas-Sierra Rural Electric Cooperative); and New Mexico (Los Alamos County). The total size of the subscriptions is 160.4 megawatts, with 133.4 megawatts going to the state of Utah.

    The Utah Taxpayers Association is a non-profit 501(c)(4) organization that works to limit state and local taxes, making Utah an attractive place to live and do business.  www.utahtaxpayers.org


    Important note:
     The Utah Taxpayers Association has no position on nuclear energy.  The Association’s interest in this matter is limited to the extent to which public business of interest to ratepayers/taxpayers is conducted in an open and transparent manner in order to ensure maximum accountability to the public.

August 6, 2020 Posted by | politics, secrets,lies and civil liberties, Small Modular Nuclear Reactors, spinbuster, USA | Leave a comment

How the Ohio nuclear bribery scandal developed. And what’s next

August 4, 2020 Posted by | secrets,lies and civil liberties | Leave a comment

French company EDF fined – it spread false information on cost of Hinkley nuclear power project

Bunham-on-sea.com 1st Aug 2020, The French market watchdog has levelled a £4.5m fine against energy giant
EDF for misleading investors about the cost of the Hinkley Point C nuclear
project. Regulators say the French state-owned energy company spread
“false information” about its agreement with the Government to build
the nuclear plant near Burnham-On-Sea.

AMF, France’s financial markets
authority, says the company may have set EDF’s share price “at an
abnormal or artificial level” by claiming in a news release dated October
2014 that the terms of its deal with the UK government were “unchanged”
from the 2013 agreement.

https://www.burnham-on-sea.com/news/hinkley-point-c-french-watchdog-fines-edf-4-5m-for-false-claims-over-costs/

August 3, 2020 Posted by | secrets,lies and civil liberties, UK | Leave a comment

South Carolina’s $9 billion nuclear fiasco – another legal saga develops, criminal investigation coming

3 years later: How the fallout from SC’s $9 billion nuclear fiasco continues   Post and Courier,  By Avery G. Wilks and Andrew Brown awilks@postandcourier.com abrown@postandcourier.com, Jul 31, 2020

     It has been three years since two of South Carolina’s largest electric utilities abandoned their $9 billion effort to build two nuclear reactors, but the legal, political and financial consequences continue to ripple across the Palmetto State.

The scuttled V.C. Summer expansion in Fairfield County is now widely considered one of the biggest business failures in the state’s history. The announcement of the project’s cancellation on July 31, 2017, shook South Carolina’s power industry, state government and business community.

The two homegrown S.C. utilities that partnered on the project were thrown into disarray. Investigations were initiated by state lawmakers, financial regulators and federal law enforcement officials.

The state and federal court systems were flooded overnight with lawsuits by investors, ratepayers, construction workers and lenders. The state regulatory system that backed the project for nearly a decade was called into question.

And more than 1.7 million utility customers with S.C. Electric & Gas, Santee Cooper and the state’s 19 local electric cooperatives realized they might be forced to pay billions of dollars more for a power plant that will never produce a watt of electricity.

Much has changed since Santee Cooper and SCE&G’s leaders suddenly announced the project’s collapse. But the saga isn’t over quite yet. Here is a breakdown of where things stand.  Continue reading

August 1, 2020 Posted by | business and costs, legal, secrets,lies and civil liberties, USA | 1 Comment

Assange appears in court, as lawyers warn case may be delayed by new US indictment

July 30, 2020 Posted by | Legal, secrets,lies and civil liberties, UK | Leave a comment

Should aging nuclear reactors get propped up with subsidies? Ohio scandal highlights this question

After $60M Bribery Charges, Questions Renewed over Ratepayer Subsidies for Nuclear Power    https://www.njspotlight.com/2020/07/after-60m-bribery-charges-questions-renewed-over-ratepayer-subsidies-for-nuclear-power/   TOM JOHNSON | JULY 28, 2020 

New Jersey opted for $300 million annual subsidies only after bitter legislative battle. Will Ohio nuclear scandal initiate new round of skirmishes?

FirstEnergy Corp. CEO Chuck Jones was more than halfway through his second-quarter earnings call Friday, when he could no longer hold in his frustrations. “It’d be really nice,’’ he said softly, ‘’we have 15 minutes left if we could actually talk about the great quarter that we had at some point here.’’

Unfortunately for him, analysts were not interested. Instead, they sought to gauge the Ohio energy giant’s risks and exposure following the announcement three days earlier of its role in the $60 million bribery scandal related to the bailout of two nuclear plants formerly owned by the company. The federal investigation led to the arrest of Ohio’s speaker of the House, his chief political aide and three lobbyists.

The alleged scheme involved using funds from FirstEnergy, its former subsidiary and operator of the plants, and another subsidiary, to help pass a bill last year to keep the plants open with a $1.3 billion subsidy paid for by utility customers. Once enacted into law, funds funneled to a dark-money nonprofit set up by the Ohio Speaker Larry Householder were used to block a referendum seeking to overturn the law.

The scandal has revived questions about whether these aging nuclear plants deserve the subsidies and how they were awarded. New Jersey was one of four states to allow ratepayer subsidies to avoid closing nuclear power plants.

At this juncture, there are more questions than answers relating to FirstEnergy’s , involvement. FirstEnergy, which owns Jersey Central Power & Light and its subsidiaries, is cooperating with the investigation, Jones said. “I believe First Energy acted properly in this matter,’’ Jones told analysts. None of the money from the bailout went to FirstEnergy, he said.

FirstEnergy source of some funds

In the call, peppered repeatedly with questions about the probe, Jones acknowledged about one-quarter of the $60 million in funds diverted to the nonprofit Generation Now came from FirstEnergy. “We do make prudent decisions to spend corporate funds on issues that we believe that are important to our customers and shareholders,’’ he said.

The lobbyists arrested and identified in the 82-page affidavit never worked for FirstEnergy on the nuclear bailout bill, according to Jones. “Who they worked for, I’m not sure, but I know they did not work for us.’’

The Justice Department affidavit never specifically identified companies or entities involved in the scheme, leading to confusion about where in the corporate structure the illegal activity is coming from, according to one analyst.

Renewed criticism about ratepayer subsidies

Still, the affidavit renewed criticism from some in the energy sector over states subsidizing bailout of nuclear power plants, a process that has also occurred in New York, New Jersey and Illinois. In New Jersey, Public Service Enterprise Group and Exelon Corp. won subsidies amounting to $300 million a year to prevent their three plants in South Jersey from closing after a bitter two-year legislative battle.

“This should raise questions in New Jersey whether the ZEC (zero-emission certificate) legislation is necessary,’’ said Glen Thomas, president of the P3 Group, a coalition of energy suppliers that opposes nuclear subsidies. “We now know in Ohio the only reason these bills passed (was) legislators were being bribed.’’

Last week, Ohio Gov. Mike DeWine, reversing a stance he took only the day before, called for the repeal of the law, saying Householder’s alleged bribery scheme ‘’tainted’’ it.

Others were more circumspect. Paul Patterson, an analyst with Glenrock Associates, asked Jones a question on Friday’s call wondering what, if any, illegal activity was cited in the affidavit against the company. Jones said he would let his prepared remarks answer that question.

“If this is the rules that are set up, and if you are so dependent on government policies, then why are people so surprised that they then try to influence policies,’’ Patterson said in an interview with NJ Spotlight.

According to the Justice Department affidavit, companies in the alleged scheme paid out $60.8 million over a three-year period. Householder was elected speaker in January 2019. Three months later, HB6, the nuclear bailout bill, was introduced and it passed in late May 2019.

Money kept flowing

Even after the bill was enacted, the money still flowed freely, according to the affidavit. At least $450,000 was paid out to 15 signature-collection firms so they would be conflicted by working on behalf of the ballot campaign, the affidavit said. In addition, funds were found to bribe workers collecting signatures, including to find out details about how well the signature signups were going.

In the end, the groups opposing the subsidy failed to collect enough signatures to put the issue on the ballot.

“These are matters of utmost public concern,’’ said Steven Goldenberg, a lawyer actively involved in the nuclear subsidy case in New Jersey. “It is critical they are decided on their merits, not on behalf of undue political influence.’’

 

July 30, 2020 Posted by | politics, secrets,lies and civil liberties | Leave a comment

Karl Grossman on the Ohio Nuclear Scandal 2020

July 30, 2020 Posted by | secrets,lies and civil liberties, USA | Leave a comment

Looks as if 20 municipalities in Utah have been NuScammed for those not so small nuclear reactors

readers may wonder how UAMPS convinced some members to sign an “option” contract, which eventually converts to a “hell-or-high-water” contract, meaning that the buyer has no right, under any circumstances, to abandon the contract once construction, the Achilles heel of nuclear projects, is authorized.

July 28, 2020 Posted by | business and costs, marketing of nuclear, politics, secrets,lies and civil liberties, Small Modular Nuclear Reactors, spinbuster, USA | Leave a comment

The Santa Susana site – America’s Secret Chernobyl

July 28, 2020 Posted by | safety, secrets,lies and civil liberties, wastes | Leave a comment