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

Enexus Nuclear Power Company Will Be Financially Unstable

The New York Public Commission staff has concluded that Entergy’s proposed spinoff is not in the public interest, and that the new company will be too debt-burdened and financially unstable.

Nuclear “SpinCo”, t r u t h o u t , 18 March 2010 by: World Business Academy, Rinaldo Brutoco  and Madeleine Austin, The nuclear industry, like Wall Street, knows how to make money with other people’s money: move liabilities off balance sheet, use lots of borrowed money and leverage, don’t worry about loading too much debt onto the company as long as insiders can walk away with plenty of money and look to the fool taxpayer to cover the losses. Continue reading

March 20, 2010 Posted by | spinbuster, USA | , , , , , | Leave a comment

Pricewaterhouse Coopers’ Spin on Nuclear power refuted

PricewaterhouseCoopers avoid the details on nuclear power,  Nuclear Reaction , 16 March 2010, PricewaterhouseCoopers have released a report, Resurgence of nuclear power, which talks about how the ‘utilities around the world are realizing the great promise of new nuclear power plants and making investments today’ and offers ‘key considerations as the nuclear option is re-introduced’. It paints an extraordinarily glowing picture of the upcoming nuclear ‘renaissance’.It doesn’t mention nuclear waste once. The safety concerns around nuclear power have been ‘refuted’.

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March 16, 2010 Posted by | 2 WORLD, spinbuster | , , , , , , , | Leave a comment

Virginia Beach’s uranium deposit much smaller than touted

Uranium Mining Focus of VA Forum, RICHMOND, Va. (AP)A speaker at a Richmond forum on uranium mining in Southside Virginia says the deposit is much smaller than the estimated 119-million pounds stated by its owners. Mar 12, 2010,  STEVE SZKOTAK – Associated Press Writer

Uranium Mining Focus of VA Forum

March 13, 2010 Posted by | spinbuster, USA | , , , | Leave a comment

France’s Sarkozy keen to sell nuclear reactors, but just to help poor countries!

+jordanFrench President Sarkozy Says Nuclear Power Key To Economic Growth, Clean Environment, Examiner.com March 9, Examiner, Michael Zey “…In his speech Sarkozy reiterated France’s support for the continued development of nuclear energy throughout the world. However, Sarkozy made an even more important pronouncement: aggressive development of technologies such as nuclear power is key to lifting the developing nations out of poverty and increasing the net wealth of the planet…..Of course, the French president’s own candidate for best new nuclear plant design is the one France’s own Areva has developed. Areva has designed the European Pressurized Reactor (EPR), a third-generation reactor design that France considers the most advanced in the world.

+jordanFrench President Sarkozy Says Nuclear Power Key To Economic Growth, Clean Environment

March 10, 2010 Posted by | France, spinbuster | , , , , , , , , | Leave a comment

France taking a moral posture on its nuclear sales pitch

French PM: EPR Reactor Is World’s Safest In Its Class – WSJ.com, By Adam Mitchell Of DOW JONES NEWSWIRES PARIS (Dow Jones) 10 March 2010, –France’s flagship EPR-type nuclear reactor is the world’s safest in its class and the French nuclear-safety arrangements are the most complete in the world, French Prime Minister Francois Fillon said Tuesday.Fillon’s speech to a nuclear conference contrasts with recent allegations by an anti-nuclear group, Sortir du Nucleaire, which cast aspersions on the EPR-type reactor’s safety….
The prime minister also said that France ….. has a “responsibility” to promote civil nuclear technology around the world.

UPDATE: French PM: EPR Reactor Is World’s Safest In Its Class – WSJ.com

March 10, 2010 Posted by | France, spinbuster | , , , , , , , , , , | Leave a comment

Sarkozy getting desperate to sell off France’s costly nukes?

costs of nuclear plants have been “systematically underestimated” by governments worldwide for decades.

Nuclear energy gets new French-driven boost, (philstar.com)  March 09, 2010 PARIS (AP) – Poor countries need nuclear power, French President Nicolas Sarkozy said yesterday, urging rich lenders to help pay for a global nuclear expansion in the interests of fighting climate change and feeding the growing world hunger for energy……

His tantalizing vision of nuclear reactors dotting the horizon won over international energy officials from India to Brussels and French executives eager to market their expertise abroad, all present at a Paris conference yesterday.

Some experts, however, say Sarkozy’s push is opening the door to risks that deadly nuclear technology gets into the wrong hands, and warn consumers to pay attention to the staggering price tag of potential nuclear energy growth — up to $3.9 trillion worldwide by 2050…….

Mycle Schneider, an independent researcher on France’s nuclear industry, warned that costs of nuclear plants have been “systematically underestimated” by governments worldwide for decades.

He warned that the nuclear push was premature, since many small countries where France is marketing technology don’t even have large enough electricity grids to support a nuclear reactor.

March 9, 2010 Posted by | France, spinbuster | , , , , , , , | Leave a comment

US Dept of Energy uses wobbly words to promote nuclear power

the words “clean” and “renewable” are often applied to the word “energy” as if they were synonymous. They aren’t….In the DOE’s loan guarantee program, one form of energy is dominant: nuclear power.


DOE Loans for Clean (maybe), Renewable (or not) Energy, The Energy Collective, by Osha Davidson,  03/07/2010 Continue reading

March 8, 2010 Posted by | spinbuster, USA | , , , , | Leave a comment

Arizona Bill Calls Nuclear Power “Renewable” !!

Solar Industry Fights Arizona Bill That Favors Nuclear, Hydro · Environmental Leader, 24 Feb 2010  Solar City, Kyocera Solar and Suntech Power Holdings, together with other solar energy providers, are opposed to Arizona House Bill 2701 (HB 2701) stating it would jeopardize Arizona’s renewable energy industry by allowing nuclear and hydroelectric power to meet RES requirements and by setting up a more burdensome regulatory scheme. Continue reading

February 25, 2010 Posted by | spinbuster | Leave a comment

Time to tell the truth on nuclear technology

Stop the Nukespeak and Tell the Truth About Nuclear Technology THE HUFFINGTON POST, by Rory O’Connor, February 23, 2010 “….in Nukespeak, proponents speak of “health effects” when they really mean “cancer.” Accidents such as the infamous one at Three Mile Island are merely “anomalies,” “significant events” or “abnormal occurrences” — and when they recur, they are re-dubbed “normal abnormalities.” Continue reading

February 24, 2010 Posted by | 2 WORLD, spinbuster | , , , , | Leave a comment

AREVA’s deceptive nuclear spin

AREVA tells only half the story, NUCLEAR REACTION, 24 Feb 2010, “….it’s business as usual at AREVA’s mines in Niger despite the military coup that took place in the country last week.The industry also needs to show us all that it can deal with the highly radiaoctive waste that nuclear reactors produce in a safe, clean fashion. AREVA in particularly are singularly failing in that regard. Again, is the implication that we shouldn’t worry or care about wat happens at end of the nuclear chain? Continue reading

February 24, 2010 Posted by | France, spinbuster | , , , , , , , , , , | Leave a comment

Nuclear lobby trying to sell a technological corpse

when you hear some hired gun selling nukes, remember: even $645 million can only buy so much green lipstick for a dead radioactive pig.

Harvey Wasserman: $600 Million Lipstick for a Dead Radioactive Pig, 23 Feb 2010 “……In the face of that $645 million cash tsunami, grassroots activists still stopped $50 billion in loan guarantees three times since 2007. No new US reactor construction has started since the 1970s, when public opinion was over 70% in favor of atomic power, and Richard Nixon promised 1000 US reactors by the year 2000.
With green jobs advocate Van Jones ditched and Obama now openly in the nuclear camp, atomic energy is still a loser. Continue reading

February 23, 2010 Posted by | spinbuster, USA | , , , , | Leave a comment

How the nuclear lobby buys politicians and media

$600 Million Lipstick for a Dead Radioactive Pig THE HUFFINGTON POST, Harvey Wasserman February 22, 2010The mystery has been solved.Where is this “new reactor renaissance” coming from?There has been no deep, thoughtful re-making or re-evaluation of atomic technology. No solution to the nuke waste problem. No making reactors economically sound. No private insurance against radioactive disasters by terror or error. No grassroots citizens now desperate to live near fragile containment domes and outtake pipes spewing radioactive tritium at 27 US reactors.No, nothing about atomic energy has really changed.Except this: $645 million spent on lobbying and media manipulation. Continue reading

February 23, 2010 Posted by | business and costs, spinbuster, USA | , , , | Leave a comment

Alec Baldwin on the truth about nuclear reactors

The Truth About Nuclear Power in Utility Reactors THE HUFFINGTON POST, Alec Baldwin: February 22, 2010 “………The reactor operations at Brookhaven were reported to have released billions of gallons of tritiated water into the headwaters of the Peconic River during the period of its operations from 1965 to 1996……… Continue reading

February 23, 2010 Posted by | spinbuster, USA | , , , , , , , , , | Leave a comment

Wind energy more viable for S.Africa than nuclear

‘Renewable energy is viable’ Times LIVE (Africa) Feb 21, 2010  By ZWELI MOKGATA Eddie O’Connor is adamant that 90% of the world’s electricity could easily come from renewable sources by 2050 if only world governments would commit to key energy policies in time.

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February 22, 2010 Posted by | South Africa, spinbuster | , , , , | Leave a comment

Dr Helen Caldicott reminds world of nuclear dangers

”That’s the ace up the sleeve of the nuclear industry,” she says. ”It’s a silent, cryptogenic disease that doesn’t denote its origin. You have to do big epidemiological studies like the German study to find out what’s going on.”

Why nuclear energy struggles to get private sector funds Sydney Morning Herald , Paddy Manning, February 20, 2010
People have forgotten – a younger generation perhaps never knew – what is scary about nuclear energy.

Anti-nuclear campaigners such as Dr Helen Caldicott are routinely disparaged nowadays. A quick trawl through the clippings yields choice descriptors: “inane”, “hysteric”, “rabid”, “ageing”, “anti-nuclear messiah” and “warrior princess”. Continue reading

February 20, 2010 Posted by | 2 WORLD, spinbuster | , , , , | Leave a comment