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
No proper investigation done on the dangers of nuclear plants for Illinois
Jimmy Seidita: Task Force Drops the Ball; State Senate Votes to Open the Door for New Nuclear Plants in Illinois, THE HUFFINGTON POST, 17 march 2010, On Monday, the state Senate voted on and passed a potentially catastrophic bill, despite getting no input from its own state task force, set up two years ago.. Continue reading
Colorado’s risk of uranium radioactive wastes
Colorado lawmakers trying to tighten uranium cleanup rules, KDVR, By Associated Press March 18, 2010, DENVER (AP) — State lawmakers are worried a new national focus on nuclear energy will allow uranium mines in Colorado to postpone cleanup of radioactive wastes.On Thursday, the Colorado House Transportation and Energy Committee approved a bill that would require uranium mines and mills to clean up nuclear wastes while they continue producing nuclear fuel.Under the current law, mines and mills are allowed to postpone cleanup until they finish production and decommission their production facilities.
Colorado lawmakers trying to tighten uranium cleanup rules – KDVR
Oyster Creek Nuclear Plant uneconomic- to be shut down
Exelon may shut down oldest nuclear plant in U.S.Chicago Breaking Business March 18, 2010 Associated Press | Chicago-based Exelon Corp. says it will shut down the oldest nuclear power plant in the U.S., rather than build cooling towers mandated by environmental regulators in New Jersey. Exelon says the $800 million that it would cost to build the towers is more than the 40-year-old Oyster Creek Nuclear Generating Station is worth…..Earlier this year, New Jersey’s Department of Environmental Protection required the plant to build one or more cooling towers instead of relying on water drawn from the Oyster Creek in Lacey Township in New Jersey to cool the reactor.
The state says that process kills billions of shrimp and tens of thousands of fish, crabs and clams each year.
Exelon may shut down oldest nuclear plant in U.S. – Chicago Breaking Business
USA to supply weapons grade uranium to France?
Shipping bomb-grade uranium to France, knoxnews.com, Frank Munger, 19 March 2010, There’s a pending application before the U.S. Nuclear Regulatory Commission for an export license to ship 160 kilograms of uranium (enriched to 93.5 percent U-235) from the Y-12 nuclear weapons plant in Oak Ridge to France Continue reading
Legal action against uranium mill
Pinion Ridge uranium mill under fire, The Energy Collective, 13 March 2010, Environmental groups file multiple legal challenges “…The Sheep Mountain Alliance (SMA), a Telluride, Colo., environmental group, and its legal counsel, the Energy Minerals Law Center (EMLC), located in Durango, Colo, have taken a two-pronged approach to try to stop the development of the Pinion Ridge uranium mill.
The 500 ton/day facility is being developed by Energy Fuels (TSE:EFR) and will be located in Naturita, Colo., about 50 miles northwest of Telluride. Continue reading
Citizens smell a rat on Entergy’s Nuclear Spin-Off
citizens seem to be saying that they “smell a rat”. Perhaps they figure that when it’s time to shut down and clean up these plants Entergy wants to be sure that their deep corporate pockets are not available to the states in question if the Enexus doesn’t have enough money to do the job. And if that happens, guess who will foot the bills.
Entergy’s Nuclear Spin-Off Hits a Snag in Vermont, Seeking Alpha, by: John Clark March 14, 2010 Entergy (ETR), has been trying to complete a stock spinoff to separate its nuclear power plants for some time. This may be a terrific deal for Entergy and may be even a good one for the owners of the new entity to be called Enexus, but states in which those power plants are situated apparently aren’t so sure. Continue reading
State law forbids depleted uranium storage in Utah
More than 5,000 drums from the Savannah River Site are in Utah awaiting disposal, and the DOE has planned on disposing nearly 10,000 more drums, too.
Report: SC depleted uranium likely unfit for Utah, Mar 3, 2010 By BROCK VERGAKIS, AP
Costs of U.S. nuclear weapons – the facts
This article goes on to list the projects and costs – from 1945 – 1998
No. 1. Cost of the Manhattan Project (through August 1945): $20,000,000,000
No. 50. Estimated 1998 spending on all U.S. nuclear weapons and weapons-related programs: $35,100,000,000
What on Earth to do about America’s nuclear wastes piling up?
Christina Macpherson's websites & blogs
And – why on Earth do they want to make more of them???
Debating the Nuclear Waste Problem, NYTimes.com, By MATTHEW L. WALD, March 9, 2010. With Nevada’s Yucca Mountain facility apparently out of the picture as a nuclear waste repository, government nuclear experts say interim measures might be needed for a very long time.
In a speech Tuesday delivered to about 2,700 industry executives, nuclear regulators and other experts gathered for a nuclear energy conference in Washington, Gregory B. Jaczko, the chairman of the Nuclear Regulatory Commission, said that his agency needed to determine just how many centuries such fuel can be safely stored above ground, and that it should come up with a policy that would not require amendment for many years.
Debating the Nuclear Waste Problem – Green Inc. Blog – NYTimes.com
Even USA’s Right Wing is Worried About Nuclear Loan Guarantees!
The Heritage Foundation Position on Loan Guarantees , The Foundry: Conservative Policy News. 12 March 2010, The Heritage Foundation has not opposed limited loan guarantees (those already authorized under the Energy Policy Act of 2005). ….. Expanding government intervention into capital markets beyond current authorizations would simply distort long-term market integrity. At a minimum, they create taxpayer liabilities, give recipients preferential treatment, and distort capital markets. Continue reading
Colorado becoming a leader in renewable energy jobs
Colorado is the new energy frontier, Michael Bowman, THE HUFFINGTON POST, 12 March 2010, Colorado is emerging as an international player in the next great technological and industrial revolution. The impending state renewables bill is aggressive, job-creating, and could result in as many as 100,000 homes being equipped with solar panels, small wind turbines, or other clean energy sources…. Continue reading
Many angiograms unnecessary, and carry radiation risks
Heart Angiograms Show No Disease in Almost 40% BusinessWeek, March 10, 2010, March 10 (Bloomberg) — Doctors may be sending patients too quickly for elective angiograms to detect heart disease, exposing them to radiation and driving up U.S. health-care costs, a study suggests. Continue reading
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
Virginia Beach’s water threatened by uranium mining
Virginia Beach city officials have said they oppose the mining proposal because it could threaten the city’s water supply which includes Lake Gaston…..
Experts at Va. symposium see risks in uranium mining | HamptonRoads.com | PilotOnline.com. March 12, 2010By Rex Springston, Richmond Times-Dispatch | MCT Regional News Virginian-Pilot writer Cindy Clayton contributed to this report.Mining uranium can create health and economic problems, experts said yesterday.A company called Virginia Uranium Inc. wants to mine uranium in Pittsylvania County in south-central Virginia. Continue reading
1 This Month
19 November – Webinar – The Reality of Reprocessing
Time: 11:00 AM Pacific Time (US & Canada) / 2:00 PM Eastern / 7:00 PM UK / 8:00 PM CET
Register for the Zoom Event Here
Shut down the radiation-damaged Heysham nuclear reactors now
To see nuclear-related stories in greater depth and intensity – go to https://nuclearinformation.wordpress.com
Say No to NASA’s Reckless Nuclear Reactor on the Moon
Say No to NASA’s Reckless Nuclear Reactor on the Moon
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