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Is nuclear sustainable? Read the label

[Ed. For a while they tried calling nuclear ”amber”, but that didn’t work – they’ve settle for ”sort of green”]

By DEBRA KAHN , 07/08/2022,  https://www.politico.com/newsletters/the-long-game/2022/07/08/is-nuclear-sustainable-read-the-label-00044684

SHADES OF GREEN — The European Union broadened its definition of sustainable energy this week to include things not everyone agrees on — and triggered a fight.

The vote to include natural gas and nuclear power in the list of activities the EU is trying to encourage private investors to support was billed as a “pragmatic approach.” It’s also backed by Ukrainian officials, who say it should help reduce reliance on Russian gas.

But it’s getting major pushback — from scientists, sustainable investor groups and the European Commission’s own finance advisers, who argue the rules will divert money from truly green projects to prop up legacy industries and allow emissions to rise further, as POLITICO’s America Hernandez reports.

Under the new rules, countries heavily reliant on coal and oil for electricity will be able to replace them with less-polluting gas-fired power through 2030 and advertise the switch as sustainable to investors, as long as the plants switch to a clean-burning fuel like hydrogen by 2035 and respect a 20-year cap on greenhouse gas emissions.

Existing nuclear plants, which produce CO2-free electricity, will also get to be called climate-friendly if operators draw up safety plans showing where their radioactive waste will be permanently stored by 2050 and switch to so-called accident-tolerant fuels by 2025.

Activist investor groups are warning that watering down the sustainable designation will backfire.

“Calling gas sustainable, even as a ‘transition’ fuel, will not convince climate-change conscious investors, and it will make the taxonomy lose its usefulness as a tool to orient capital flows towards sustainable economic activities,” said Thierry Philipponnat, chief economist at watchdog group Finance Watch.

The United Nations’ Principles for Responsible Investment, which represents more than 5,000 investors managing €167 trillion ($169 trillion right now — great time to go to Europe) in sustainable assets, warned that blindly trusting the EU’s green labels “could prompt fragmentation across the market and lead to potential greenwashing.”

NUCLEAR RENAISSANCE PT. II — U.S. environmentalists were similarly dismayed this week by Pacific Gas & Electric’s announcement that it will try to keep California’s remaining nuclear plant open past its planned retirement.

A PG&E spokesperson told the San Diego Union-Tribune that the utility plans to apply for an Energy Department grant aimed at helping keep nuclear plants open. Diablo Canyon accounts for almost 9 percent of the state’s electricity generation, and officials are worried about reliability this summer and in years to come.

The move follows support from Gov. Gavin Newsom and lawmakers in last week’s state budget to fund agency power purchases from Diablo Canyon and natural gas plants when supplies run low. It’s an about-face from 2016, when environmentalists and labor unions representing plant workers came to a state-approved agreement to shut down the plant starting in 2024.

(NB: Diablo would have stayed open had California decided to let nuclear count toward its green electricity requirements in 2015.)

“Instead of propping up outmoded nuclear plants, Newsom should instead be providing more resources and funding to deploy renewable energy infrastructure across California,” Sierra Club California director Brandon Dawson said in a statement.

Austria, Luxembourg and green groups have already said they’ll sue the European Commission over its new rules. California environmentalists may also try suing to enforce the closure agreement, the SDUT reports.

July 7, 2022 Posted by | climate change, EUROPE | Leave a comment

Nationalising EDF is no cure-all for France’s nuclear industry troubles

 The French state has said it will fully nationalise EDF, the debt-laden utility that runs the nation’s nuclear power plants and which the government has so far struggled to restructure. It has not said whether it
will buy out minority shareholders on the market or take control by law.

But however it is nationalised, it doesn’t guarantee a fix for EDF’s mountain of debt or its corroding reactors and it won’t reduce the cost of shielding consumers from sky-high energy prices.

Analysts say the government’s main goal may be to secure a freehand in running a business that has a roughly 80% share of the French electricity market, once it is delisted and the state no longer has to answer to any other shareholders.


About half of EDF’s 56 nuclear reactors in France are now offline, in part due to corrosion issues. EDF has repeatedly cut its planned nuclear output for 2022, just as Europe scrambles to find alternative energy sources as Russian gas supplies dwindle.

As well as problems with old reactors, it is also running years late and billions of euros above budget in building a new-generation of reactors in France and Britain, raising questions about whether it has to fix fundamental design faults. Furthermore, EDF has been hobbled by a regulated tariff system, known as Arenh, forcing it to sell 100 terawatt/hours (TWh) of nuclear generation to power retailers and large
consumers at 42 euros/MWh, which is well below market levels.

 Reuters 7th Aug 2022

July 7, 2022 Posted by | France, politics | Leave a comment

Sizewell C – just the latest nuclear scam

Whatever chaos unfolds between today (Thursday) and tomorrow, Boris
Johnson is apparently still planning to confirm his Government’s
commitment to a new nuclear power station at Sizewell tomorrow.

As we all know, Johnson’s default political tactic is to lie, regardless of which
particular issue or crisis he’s having to address. For those who’ve
made something of a labour of love tracking Johnsonian mendacity, watch out
for this latest nuclear nonsense tomorrow – it’s absolutely guaranteed
to be brimful of outright lies, half-truths, omissions and rhetorical
boosterism of the kind that has made him (probably!) the least trustworthy
politician in the world apart from Vladimir Putin.

On this occasion, that’s simply because this whole ‘nuclear renaissance’ story is one
great big scam from start to finish. If I could count the ways,
anticipating the lying drivel that will be emerging from the BEIS press
release.

 Jonathon Porritt 7th July 2022

http://www.jonathonporritt.com/sizewell-c-just-the-latest-nuclear-scam/

July 7, 2022 Posted by | secrets,lies and civil liberties, UK | Leave a comment

Ukraine has sold two French-donated 155mm Caesar howitzers to Russia

PANAGYURISHTE ($1=1.88 Bulgarian Levs) — French and Ukrainian [from Donbas] sources claim that in the hands of the Russian army, and more precisely in the production workshops of the Russian manufacturer Uralvagonzavod, there are two 155mm self-propelled howitzers Caesar, donated by France to Ukraine, as military aid against the Russian invasion on February 24 this year.

On June 20, French lawyer Régis de Castelnau wrote on his official Twitter account: “Another success of Macron: 2 French Caesar guns were intercepted intact by the Russians. They are currently in the Uralvagonzavod factory in the Urals for study and possible reverse engineering. Thank you Macron, we are paying”.

A few days later, on June 23rd, the Russian company [Uralvagonzavod] responded to the French lawyer, through its official Telegram profile and citing Régis de Castelnau’s tweet, writing: “Hello, Mr. Regis. Please convey our thanks to President Macron for the donation of the self-propelled guns. This material is of course not tip-top… not like our MSTA-S! But nevertheless, it will be useful. Send more – we’ll take them down.”

Ukrainian sources from Donbas claim that they are also aware of this case, but not from the French lawyer or the Russian plant, but from French military sources, emphasizing that the online publication Donbas Insider does not cite who exactly the French military sources are.

France’s General Staff has denied reports of a French Caesar self-propelled howitzer being captured by Russian forces in Ukraine. “This information is false,” said the General Staff of France. “We categorically deny it. We’ve discussed this with our Ukrainian partners.” According to the Armed Forces of Ukraine, no evidence was provided to support the claim.

The news of captured weapons would not surprise anyone in wartime. We have witnessed the Ukrainian and Russian military capturing various enemy weapon systems. But the same “unidentified” French sources claim, according to a Donbas Insider, that the two Caesar self-propelled howitzers were sold, through an intermediary, by Ukrainians to Russians. The price, which is being discussed in tight circles, is $120,000 each. BulgarianMilitary.com recalls that the unit value of a Caesar self-propelled howitzer varies around the amount of 7 million euros.

A political analyst at BulgarianMilitary.com says that the possibility that the two howitzers were sold to Moscow is evident in the tone and ending of French lawyer and politician Régis de Castelnau’s words. “It is very clear to him [the French lawyer] that during the war, in addition to prisoners of war, the adversaries acquire different foreign equipment. This is war, some die, others abandon their positions out of fear, and others profit from the war. The end of the comment “Thank you Macron, we are paying’ suggests that Régis de Castelnau believes that the two howitzers were not abandoned and therefore captured, but sold. The irony is too strong in this particular case to ignore this fact”, says Dr. Sebastian Levi, correspondent, and analyst of BulgarianMilitary.com for the Middle East region.

Levy also says that he believes the two self-propelled howitzers were resold with the help of an intermediary, a military dealer. Levy, however, has no evidence for his claims but refers to his league reasoning.

However, sales are a fact

The feeling that corrupt Ukrainian servicemen are involved in the illegal arms trade to extract maximum profit is not from now, and it is not only about this case.

On June 2, BulgarianMilitary.com revealed the sale of at least one FGM-148 Javelin anti-tank guided missile system on the dark web for $30,000. The seller is unclear, but according to the information posted on the darknet, the location [where the system will be shipped or picked up from] is Kyiv, the capital of Ukraine.

“Ukrops are selling Javelins on the darknet. The command of the Armed Forces of Ukraine resells equipment and weapons supplied by NATO to the Middle East and North Africa. Anyone with a TOR browser can buy this ATGM in the online store,” writes the pro-Russian Telegram channel ABS News.

Interpol knows

Interpol knows the illegal sale of arms by Ukrainians to Russians. The German online edition Overton-Magazin writes that concerns can be seen in the statements of Jürgen Stock, Secretary-General of Interpol, “who fears that the weapons will be handed over to criminal organizations. However, this is happening with the complicity of Western governments, which are not willing to put in place safeguards and vetting mechanisms for the use of these weapons. In fact, even the US intelligence services do not know where the weapons delivered to Ukraine are going.”

According to the German publication, a part of the weapons delivered to Ukraine were actually seized, but another part was resold by Ukrainian holdings, which are in the hands of Russian businessmen. Overton-Magazin even points to a specific case that should be investigated for illegal trade, and that is the downed Ukrainian helicopters that tried to evacuate Ukrainian soldiers from Mariupol. The investigation so far indicates that the helicopters were shot down by American Stinger anti-aircraft missiles donated by the Americans.

Here’s what the German publication Overton-Magazin wrote: “The Western narrative of the prophesied defeat of Russia and the victorious resistance of Ukraine is the main argument for promoting the deployment of weapons. It gives the impression that all that is needed is the ‘last little push’, to achieve victory. The reality, however, is not so romantic.”

………………………. And finally, let’s mention the most important fact that is known, but no one dares to talk about it: in order for such a sale to be carried out, the presence of strong corruption is necessary, especially among the military command and the lower officer ranks of the Ukrainian army.  https://bulgarianmilitary.com/2022/07/05/ukraine-has-sold-two-french-donated-155mm-caesar-howitzers-to-russia/

July 7, 2022 Posted by | secrets,lies and civil liberties, Switzerland | Leave a comment

Why would anybody invest in Sizewell C nuclear plant? – An unlikely proposition?

Why would anybody invest in Sizewell C nuclear plant? – An unlikely
proposition? The Government has tasked Barclays Bank with finding investors
for the proposed Sizewell C (SZC) plant.

Reports surfaced in the Mail on
Sunday that Centrica is planning on taking a stake in the company. Perhaps
the fact that the report emerged in the Mail on Sunday rather than the
Financial Times is a sign that the decision is still subject to vagaries.
This report has me scratching my head so hard it hurts!

Why would Centrica,
which in 2016 abandoned plans to invest in Hinkley C partly because of
‘the lengthening time frame for a return on the capital invested in a
project of this scale‘ now opt for an investment in SZC? After all the
doubt about return on investments in SZC may be viewed as, if anything,
even more threadbare, to that of Hinkley C.

 100% Renewables 7th July 2022

July 7, 2022 Posted by | business and costs, UK | Leave a comment

With EDF’s parlous finances and France nationalising EDF – decision on Britain’s planned Sizewell C nuclear station has been delayed

A decision on a new nuclear power station at Sizewell in Suffolk has been
delayed again by the government. French energy company EDF wants to build
Sizewell C, a £20 billion two-reactor nuclear plant, next to Sizewell B. A
decision on Sizewell C was expected today (7 July), but it has been pushed
back to 20 July at the latest. Paul Scully MP said: “I have decided to set
a new deadline of no later than 20 July 2022 for deciding this application.
This is to ensure there is sufficient time to allow the Secretary of State
to consider the proposal.”

On Wednesday, the French government announced
the state was taking full control of EDF, in a drive to boost its domestic
nuclear expansion.

Reacting to the delay, Alison Downes, of campaign group
Stop Sizewell C, said it would have been farcical if a decision on Sizewell
C had been made today, following the news from Paris. She added: “We also
hope that announcements of EDF’s re-nationalisation have given ministers
pause, especially when EDF’s parlous finances are at least in part down to
their disastrous track record at building the type of reactors proposed for
Sizewell C.”

 ITV 7th July 2022

https://www.itv.com/news/anglia/2022-07-07/decision-on-sizewell-c-nuclear-power-station-delayed-again-by-government

July 7, 2022 Posted by | politics, UK | Leave a comment

Rolls Royce lacking investment for its planned small nuclear reactors

Nuclear: Rolls-Royce lacking investment for its SMRs. The manufacturer
presented its short-list of British sites to launch the manufacture of its
small modular reactors. But the technology is far from ready.

 L’Opinion 6th July 2022

https://www.lopinion.fr/international/nucleaire-rolls-royce-en-manque-dinvestissement-pour-ses-smr

July 7, 2022 Posted by | business and costs, UK | Leave a comment

Not only Russian: Ukrainian forces also are killing children

Ukrainian shelling kills ten-year-old girl, Rt.com, 5 July 22

The child was torn apart by a shell that hit a residential district in Donetsk, the devastated family told journalists.

A 10-year-old girl was sitting by a bank in front of her house in Donetsk when a shell fired by Ukrainian forces landed in the middle of the street, killing her. The child was torn apart by shrapnel, the grieving family told RT’s Ruptly video news agency. 

“My granddaughter has been blown into three pieces,” the girl’s grandfather told journalists. “Look there, there is blood everywhere,” he said, pointing to the metallic gates leading to the yard of his house. 

Pools of blood were still covering the street in the spot where the girl had been hit by the shell’s fragments.

She did not make it home,” the girl’s grandfather added, pointing to the girl’s sneakers, which were lying on the ground near her home’s gate. The girl’s body has already been taken to a morgue. “She and a boy … they were just walking around,” the girl’s mother said. “She sought to run home…” she began, before bursting into tears. 

The family’s neighbor told reporters she had heard a loud bang and rushed to the street only to find “one girl’s leg lying near a garden plot and another one here, at the gate.” 

Ukrainian forces were shelling different parts of the capital of the Donetsk People’s Republic (DPR) on Tuesday, the city’s mayor, Aleksey Kuzmin, said in a Telegram post. Several people received shrapnel wounds, Kuzmin said, as he confirmed the girl’s death as well. The child’s identity has not been made public. 

According to the mayor, the Ukrainian soldiers had used 155mm caliber shells. This caliber is common in NATO artillery systems, while the Russian and Ukrainian artillery pieces usually have a caliber of 152mm. RT could not independently verify which artillery type was used by the Ukrainian forces………….  https://www.rt.com/russia/558431-donetsk-child-killed-shelling-ukraine/

July 7, 2022 Posted by | Ukraine, weapons and war | Leave a comment

European parliamentarians vote nuclear and gas as ”green” – another step in the sinister lobbying process of the desperate nuclear industry.

Réseau sortir du nucléaire. 7 July 22, It is a dark day for the environment and the climate. Meeting in plenary in Strasbourg, European parliamentarians validated by 328 votes against 278 the European Commission's proposal to include nuclear and gas in the green taxonomy. We strongly denounce the maneuvering lobbies and the major deleterious role played by France.

This vote marks the culmination of a sinister soap opera marked by unprecedented pressure from lobbies and pro-nuclear states. Bankrupt and ready for any maneuver to benefit from new money, the nuclear industry had laid siege to the European Commission and obtained the order of a report shamelessly minimizing the harmful effects caused by the atom. 

Emmanuel Macron himself was famous for his duplicity, posing as a climate champion while pleading for the inclusion of fossil gas and allying himself with leaders who care little for human rights, such as Viktor Orban, provided that they support the atom. A few days before the vote, the Minister for Energy Transition, Agnès Pannier-Runacher, had again signed a pro-nuclear platform with ministers from other Member States far removed from ecological issues.

The European Parliament, which had initially come out against the inclusion of nuclear power and gas in this text, had the possibility of contesting the delegated act published at the beginning of 2022 by the European Commission, which classified these polluting energies among the technologies "of transition ". But while the "Environment" and "Economy and Finance" committees had refused this classification, the parliamentarians meeting in plenary seem to have finally yielded to the sirens of the lobbies. The elected French Macronists of “Renew” bear an overwhelming responsibility for this catastrophic decision.

To qualify nuclear and fossil gas as “transitional” energies is to make words lose all meaning and totally empty of its meaning a tool initially intended to fight against greenwashing. How can gas, a greenhouse gas emitter, fit into this category? Not to mention nuclear, which is dangerous, polluting even in regular operation, producing unmanageable waste, and too slow and too expensive to be a relevant tool in the face of the climate emergency! Any euro spent on the pursuit of nuclear power will be a wasted resource at the expense of the real solutions to climate change: sobriety, efficiency and renewable energies.

July 7, 2022 Posted by | climate change, EUROPE, politics international | 1 Comment

France to Nationalize Debt-Laden EDF as Energy Crisis Mounts

 https://www.bloomberg.com/news/articles/2022-07-06/french-premier-says-state-wants-to-own-100-of-edf By Francois De Beaupuy, Ania Nussbaum, and William Horobin July 7, 2022

  • Premier says EDF full control needed for energy sovereignty
  • France to invest in new nuclear plants to fight climate change
Electricity pylons and power lines near a nuclear power plant operated by Electricite de France SA in Normandy, France, on Monday.
Electricity pylons and power lines near a nuclear power plant operated by Electricite de France SA in Normandy, France, on Monday.Photographer: Nathan Laine/Bloomberg

The French government will nationalize its financially struggling nuclear giant Electricite de France SA to help it ride out Europe’s worst energy crisis in a generation and invest in new atomic plants.

“The climate emergency requires strong, radical decisions,” Prime Minister Elisabeth Borne said during a policy speech in parliament in Paris on Wednesday. “We need to have full control of the production and our energy future. We must ensure our sovereignty faced with the consequences of the war and the colossal challenges ahead.”

Borne didn’t provide specific details of the government’s plans, beyond saying the state will raise its stake in EDF to 100% from 84% currently. No decision has been made at this stage on the modalities of the operation, a spokesman for the finance ministry said. 

EDF shares jumped on Borne’s announcement and closed 15% higher in Paris after having been down sharply prior to her comments. The utility’s debt also gained

…………………………. EDF has been grappling in recent years with various issues at its aging fleet of reactors and cost overruns when building new ones. Its problems are being exacerbated by a government-imposed cap on electricity prices and Russia’s invasion of Ukraine, which is making it more expensive for the company to cover its own electricity-output shortfall.

A positive exit catalyst for minority shareholders in EDF, Europe’s largest nuclear power producer, comes with confirmation that France will acquire the 16% stake not already owned and nationalize the company. 

……………….. The CGT and FO labor unions welcomed the plan for nationalization, but also expressed concern that the government could subsequently revive a plan to “dismantle” the utility.

………………. A nationalization of EDF may reassure creditors that are concerned about the utility’s net financial debt, which stood at 43 billion euros at the end of last year and is set to climb even higher despite a 3.2-billion euro capital increase in April. 

Credit-rating firms, which downgraded the utility in February, warned of further potential cuts as the company is grappling with repairs at some of its atomic power stations and cost overruns at nuclear plants under construction in France and the UK.   

July 7, 2022 Posted by | France, politics | Leave a comment

EU Votes to Label Gas and Nuclear Power Investments as ‘Green’

 https://www.ecowatch.com/eu-gas-nuclear-investments-green.html— 6 July 22,

In a setback for the fight against climate change, 328 of 639 members of the European Parliament (MEPs) have voted in favor of plans to label investments in gas and nuclear power plants as “green,” reported Reuters. Unless 20 of the 27 European Union (EU) member states oppose the proposals adopted by the European Commission in the Complementary Delegated Act, they will pass it into law.

This means that some nuclear and gas projects would be added to the EU taxonomy of economic activities that are considered environmentally sustainable, with some conditions, The Guardian reported. Investors would then be able to label and market investments in the gas and nuclear projects as green, reported Reuters.

Experts said the vote sets a dangerous precedent for other countries, according to The Guardian. Ukraine, as well as climate activists, had appealed to parliament to reject the proposals, saying they would be beneficial to Russian president Vladimir Putin.

“This will delay a desperately needed real sustainable transition and deepen our dependency on Russian fuels,” said environmental and climate activist Greta Thunberg on Twitter.

The proposals allow investments in gas-powered projects to be designated as sustainable as long as “the same energy capacity cannot be generated with renewable sources” and there are plans to transition to renewable sources or gases that are considered “low-carbon,” The Guardian reported. Nuclear power can be classed as renewable if a project pledges to take care of its radioactive waste.

European Commissioner for Financial Stability, Financial Services and the Capital Markets Union Mairead McGuinness said the proposals adopted in the Complementary Delegated Act “ensure that private investments in gas and nuclear, needed for our energy transition, meet strict criteria,” as reported by The Guardian.

Some EU member states view gas — a fossil fuel that produces dangerous carbon dioxide emissions — as an interim substitute for coal during the transition to more sustainable power sources, Reuters reported. Nuclear power, while free of carbon dioxide emissions, results in hazardous radioactive waste.

“By clearing the way for this delegated act, the EU will have unreliable and greenwashed conditions for green investments in the energy sector,” said Dutch MEP Bas Eickhout, who is the vice-president of the European Parliament’s environment committee, as reported by The Guardian.

Austria and Luxembourg, which don’t support nuclear energy or putting a “green” label on gas, vowed to fight the law.

Greenpeace also said it would contest the law in court.

“I am in shock. Russia’s war against Ukraine is a war paid for by climate-heating fossil fuels and the European parliament just voted to boost billions of funding to fossil gas from Russia. How in the world is that in line with Europe’s stance to protect our planet and stand with Ukraine?” said Ukrainian climate scientist and member of the Intergovernmental Panel on Climate Change Svitlana Krakovska, as The Guardian reported.

July 7, 2022 Posted by | climate change, EUROPE, politics international | Leave a comment

Drought and hot weather this summer are adding to France’s nuclear power generation problems at the worst possible moment.

Drought and hot weather this summer are adding to France’s nuclear power
generation problems at the worst possible moment. As Europe grapples with
low Russian gas supply and the threat of no Russian supply at all,
non-Russian energy sources are more important than ever.

French power giant
Electricite de France (EDF) warned on Tuesday that it may have to reduce
nuclear power generation as the water levels of rivers are low and water
temperatures high. France has been experiencing outages at its nuclear
reactors in recent months, slashing power generation from nuclear power
plants. France’s nuclear power generation accounts for around 70 percent
of its electricity mix and when its reactors are fully operational it is a
net exporter of electricity to other European countries.

Prolonged
maintenance at several nuclear reactors this year, however, means that
France—and the rest of Europe—have less nuclear-generated power supply
now.

 Oil Price 5th July 2022

https://oilprice.com/Latest-Energy-News/World-News/Frances-Nuclear-Woes-Will-Worsen-Europes-Power-Crisis.html

July 7, 2022 Posted by | climate change, France | Leave a comment

”Allerdale Community Partnership” now looking very much like a nuclear front group, – Nuclear Free Local Authorities reveal

The Allerdale Community Partnership may boast that its latest appointees
are ‘independent’, but, as the Nuclear Free Local Authorities have
discovered, a little research reveals their business links to the nuclear
industry.

The Community Partnership is the lead local body working in
partnership with Nuclear Waste Services, an arm of the Nuclear
Decommissioning Agency, to determine if Allerdale could become the location
for a Geological Disposal Facility, an underground or undersea dump for
Britain’s toxic legacy of nuclear waste.

Now the Community Partnership
has announced the appointment of four new board members, three are
individuals, Adrian Davis-Johnson, Phil Davies, and John Coughlan, whilst
the fourth is an organisation, the Cumbria Youth Alliance. In its March
recruitment drive, the Allerdale Community Partnership pledged to appoint
new members that were ‘both representative (of the local community) and
diverse’, but the three appointed individuals all have a long history of
working for or providing services to the nuclear industry. 

NFLA 5th July 2022 https://www.nuclearpolicy.info/news/nuclear-free-local-authorities-question-independence-of-allerdale-appointees-linked-to-nuclear-industry/

July 7, 2022 Posted by | secrets,lies and civil liberties, UK | Leave a comment

Seventy years after first UK atom bomb, time to right this ‘criminal wrong’, says NFLA

 As the international community and civil society marks the fifth
anniversary of the adoption of the UN Treaty on the Prohibition of Nuclear
Weapons tomorrow (7 July), the Nuclear Free Local Authorities have written
to the Prime Minister and Minister for Veterans Affairs calling for urgent
recognition and compensation for Britain’s atom and nuclear bomb test
veterans.

 NFLA 6th July 2022

July 7, 2022 Posted by | UK, weapons and war | Leave a comment

France’s EDF says hot summer could hit nuclear output, shares fall

PARIS, July 5 (Reuters) – France’s EDF (EDF.PA) might be forced to cut nuclear output further because of expected prolonged hot temperatures over the summer months, an executive told a briefing on Tuesday, prompting a sharp fall in the company’s shares.

EDF’s shares ended down 7.5% on the Paris stock market, underperforming the Stoxx Europe 600 Utilities (.SX6P) index, which lost 2.03%.

“We have a peculiar year due to the drought that has started early, especially in southeastern France. But there is generally a little bit less water available this year,” Catherine Laugier, Environment Director at EDF, told a news conference.

France is already grappling with reduced electricity generation because of unexpected maintenance at its aging nuclear reactors.

EDF faces the prospect of having to reduce output because of insufficient river water, which is often used for cooling nuclear reactors before being returned to the river at a higher temperature.

Regulations are in place to limit reactor production during times of exceptional heat and low water levels to prevent the process from damaging local wildlife.

“We’ve had some production cuts between end May and early June. That was indeed pretty early (…) And there are some global evaluations suggesting (…) this might be a very long summer and the levels could be impacted in September,” Laugier said.

Since the start of the year, EDF has lost 20.6% of its value, well below a 12.9% sector-wide decline……………. https://www.reuters.com/business/energy/frances-edf-says-hot-summer-could-hit-nuclear-output-shares-fall-2022-07-05/

July 7, 2022 Posted by | climate change, France | Leave a comment