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Searing heatwave hitting Southern and South Eastern Asia.

Much of southern and southeastern Asia is enduring a deadly,
record-smashing heat wave, one that’s being called the continent’s worst
ever recorded in April. Several all-time record high temperatures have been
broken, including a torrid 113.7 degrees in Tak, Thailand, the nation’s
hottest reading on record. Laos also recorded its highest reliable
temperature in its history earlier this week, with 108.9 degrees at Luang
Prabang, reported climatologist and weather historian Maximiliano Herrera.
As the searing heat spread from India to China to Thailand to Japan,
Herrera called it a “monster Asian heat wave like none before.”

USA Today 19th April 2023

https://eu.usatoday.com/story/news/weather/2023/04/19/asia-heat-wave-worst-ever-recorded-april-climate-change/11697652002/

One in three people on the planet hit by ‘monster Asian heatwave’. The
searing heat has spread across large parts of south and southeast Asia in
recent weeks, and impacted more than a dozen countries including India,
China, Thailand, Laos, Bangladesh, Turkmenistan, Japan and Korea. The
temperature hit a scorching 44.6 degrees Celsius in the western province of
Tak, Thailand this week, the hottest temperature ever recorded in the
country. Thailand’s Meteorological Department warned that the baking
weather would continue into next week.

Independent 20th April 2023

https://www.independent.co.uk/climate-change/news/asia-heatwave-india-china-thailand-b2323666.html

April 22, 2023 Posted by | ASIA, climate change | Leave a comment

It’s High Time the US Signed a Peace Treaty with North Korea

Halt the Endless and Futile Condemnation of the DPRK

by Alice Slater* 21 Apr 23,  https://www.indepthnews.net/index.php/armaments/nuclear-weapons/6110-it-s-high-time-the-us-signed-a-peace-treaty-with-north-korea

NEW YORK, 21 April 2023 (IDN) — It is far beyond hypocrisy for the US and its allies to condemn North Korea for testing a long-range missile when the US boasts about its Air Force Global Strike Command of more than 33,700 Airmen and civilians responsible for the nation’s three intercontinental ballistic missile wings capable of delivering nuclear weapons.

Indeed, a US Minute Man Intercontinental Ballistic Missile (IBM) was tested this past February, with another scheduled for this August.

The 1950-1953 Korean War is the longest-standing US conflict. It has never actually ended. It was only suspended by a truce and armistice between North Korea, representing the Korean People’s Army and the Chinese People’s Volunteers and the United States, representing the multinational UN Command.

During this endless armistice, we have had US troops stationed in South Korea, amassed on North Korea’s border, organizing “war games” and manoeuvres with South Korean troops in a continuous series of threats over the years against a heavily armed North Korea.

Various peace initiatives were contemplated, but the US withdrew from them or didn’t follow through. During those years, North Korea persisted in requesting a peace treaty, offering to stop enriching “peaceful” reactor material to bomb-grade in return for a lifting of punishing sanctions that were causing great stress and poverty to the people of North Korea.

It froze its nuclear program after an agreement with the Clinton administration but started it up again when President Bush in 2002 stopped honouring the Clinton agreements and characterized North Korea as part of the “axis of evil”.

In 2017, South Korea elected a new President, Moon Jae-in, who campaigned for a “Sunshine Policy” and for peaceful Korean reunification.

Ironically, at a United Nations First Committee Meeting for Disarmament in 2017, when the amazing International Campaign for the Abolition of Nuclear Weapons (ICAN) succeeded in its ten-year campaign to bring a vote to the UN floor for negotiations on a treaty to ban the bomb, five western nuclear powers, the US, UK, France, Russia, and Israel voted NO.

China, Pakistan, and India abstained, and North Korea was the only nuclear weapon state to vote YES for negotiations on the new Treaty for the Prohibition of Nuclear Weapons (TPNW), which was adopted later that year at a special UN negotiating session!

It was clear that North Korea was sending a signal to the world as the only nuclear weapon state to approve the talks to negotiate a ban treaty. But just as the Western reporting about North Korea today fails to acknowledge the extraordinary provocations North Korea suffers at the hand of the Western colonial powers and their allies, not a word about North Korea’s startling vote was reported in the mainstream media.

During the Trump Presidency, some progress was made in negotiations between the US and North Korea, with a supportive new peace president in South Korea, but Congress refused to honour Trump’s promise to Kim Jong Un that the US would remove some of our troops from South Korea as part of a peace deal for North Korea to forego the development of nuclear weapons.

In the United States, there is a growing movement of people inspired by the Women Cross DMZ, which in 2015 organized an unprecedented crossing of the De-Militarized Zone that separates North and South Korea, where 30 women, including Nobel Peace laureates and feminist leaders, joined with 10,000 Korean women on both sides of the DMZ.

Through their efforts, and on behalf of an estimated 100,000 people who cannot visit their families in the Koreas—two nations which continue to live in a perpetual state of war—there is legislation pending in the US House of Representatives, H.R. 1369, Peace on the Korean Peninsula Act, calling for a peace treaty to formally end the Korean War. It also calls for a review of the travel restrictions to North Korea and the establishment of liaison offices in both countries.

It is time to reevaluate our perception of North Korea, and treat it, not as a country planning to attack us with nuclear bombs but as a country that wants relief from the harsh sanctions and isolation it has endured these long 76 years.

The sooner we understand how the Empire has contributed to the “evil doings” of North Korea, the more true security we will gain. In the memorable words of Pogo Possum, the Walt Kelly comic character who entertained us during the red scare of the 1950s, “We have met the enemy and he is us!”

* Alice Slater serves on the boards of World Beyond War and the Global Network Against Weapons and Nuclear Power in Space and is an NGO representative to the UN for the Nuclear Age Peace Foundation. [IDN-InDepthNews]

April 22, 2023 Posted by | politics international, USA | Leave a comment

NATO to surge troops to Russian border

As the deteriorating military situation for the Ukrainian armed forces becomes increasingly apparent, NATO is making open plans to massively intensify its conflict with Russia.

Andre Damon@Andre__Damon, 17 April 2023 m\ https://www.wsws.org/en/articles/2023/04/18/tzhv-a18.html

NATO plans to surge troops to Russia’s border as part of an effort to become a “war-fighting alliance,” the New York Times reported Monday.

The Times wrote that “NATO now has deployed a battalion of multinational troops to eight countries along the eastern border with Russia. It is detailing how to enlarge those forces to brigade strength in those frontline states.”

A battalion can include up to 1,000 troops, while a brigade can include up to 5,000 troops, meaning that NATO could potentially plan to increase the number of troops on Russia’s borders fivefold, to up to 40,000 troops.

The Times reports that NATO “is also tasking thousands more forces, in case of war, to move quickly in support, with newly detailed plans for mobility and logistics and stiffer requirements for readiness.”

Politico, meanwhile, has cited even larger numbers. On March 18, it reported, “In the coming months, the alliance will accelerate efforts to stockpile equipment along the alliance’s eastern edge and designate tens of thousands of forces that can rush to allies’ aid on short notice… The numbers will be large, with officials floating the idea of up to 300,000 NATO forces.”

“The North Atlantic Treaty Organization,” wrote the Times, has launched “a full-throttled effort” to prepare for military operations all along its eastern flank.

As the Times put it, this “means a revolution in practical terms: more troops based permanently along the Russian border,” It also means “more integration of American and allied war plans, more military spending and more detailed requirements for allies to have specific kinds of forces and equipment to fight, if necessary, in pre-assigned places.”

The alliance has “shed remaining inhibitions about increased numbers of Western troops all along NATO’s border with Russia,” the Times stated.  The aim is “to make NATO’s forces not only more robust and more capable but also more visible to Russia.”

Additional troops will be placed under the direct authority of Gen. Christopher G. Cavoli, NATO’s Supreme Allied Commander Europe, who also commands American forces in Europe, as part of the NATO alliance’s decision.

The Times reports that General Cavoli is integrating American and allied war-fighting plans for the first time since the Cold War. Citing a NATO official, the newspaper wrote, “Americans are back at the heart of Europe’s defense …  deciding with NATO precisely how America will defend Europe.”

This will entail a massive military buildup, involving enormous increases in military spending. “Now the demands will be tougher and more rigorous to bring the alliance back to a war-fighting capacity in Europe and make deterrence credible—to ensure that NATO can fight a high-intensity war against a rival, Russia, from the first day of conflict,” the Times wrote.

Instead of meeting the previous goal of 2 percent of gross domestic product devoted to the military, NATO members will be expected to spend between 2.5 and 3 percent, the Times reported.

In perhaps the most ominous passage in the article, the Times wrote, “Previously, the annual exercises of NATO’s nuclear forces, known as Steadfast Noon, were kept quiet. But last year, after Russia’s invasion, the exercise went ahead openly. It was important, a NATO official said, to show Moscow that the alliance wasn’t deterred by nuclear threats.”

NATO’s headquarters is likewise “being transformed into a major strategic and war-fighting command, charged with drawing up the alliance’s plans to integrate and deploy allied troops.”

The accession of Finland to NATO, which doubled the length of NATO’s land border with Russia, will be a key component of these plans, with Russia’s entire border with NATO becoming a militarized zone.

Just weeks after its accession to NATO, Finland has begun building a fence on the Russian border, with the initial section to be completed in June.

In June of last year, NATO published a strategy document declaring that the alliance must prepare for “high-intensity, multi-domain warfighting against nuclear-armed peer-competitors.” The document declared that “the Euro-Atlantic area is not at peace”—all but declaring that the alliance is at war.

In January, Rob Bauer, NATO’s top military spokesperson, declared that the US-led NATO alliance is prepared for a “direct clash with Russia.” Asked by Portugal’s RTP News, “You don’t believe that it’s only about Ukraine?” Bauer replied, “No, it’s about turning back to the old Soviet Union.”

The interviewer continued, “So the entire Eastern Flank is at risk somehow?” Bauer replied, “Yeah.” The interviewer asked, “We are ready to [sic] a direct confrontation with Russia?” To this Bauer replied, “We are.”

In this supercharged environment, NATO will begin Defender 23, the alliance’s annual war game, on April 22.

The exercise will involve 9,000 US troops and 17,000 soldiers from other NATO members. The “nearly two-month-long exercise is focused on the strategic deployment of U.S.-based forces, employment of Army pre-positioned stocks and interoperability with European allies and partners,” a Pentagon spokesperson said April 5.

A key goal of the exercise will be to “increase lethality of the NATO Alliance through long-distance fires” according to U.S. Army’s Europe and Africa commands.

This will be followed by Air Defender 2023, the largest NATO air exercise since its founding. A US Air National Guard official told the War Zone that Russian officials can “take away whatever message they want” from the drill.

Against this background, a group of former top officials from France, Germany, the United States and Spain have written an op-ed in the Guardian Sunday encouraging more direct NATO military intervention against Russia, declaring “We have to go ‘all in’ in our support for Ukraine.” They declare that “Ukraine needs the combined force of tanks, longer-range missiles and aircraft to conduct a successful counterattack, paving the way to Ukrainian victory.”

The press is full of such declarations. David Ignatius, writing in the Washington Post, argued, “President Biden doesn’t want to start World War III, but he will look back with regret if the United States and its allies leave any weapons or ammunition on the sidelines that could responsibly be used in this conflict. Whatever Biden might wish later he had done if things go badly, he should do now.”

As the deteriorating military situation for the Ukrainian armed forces becomes increasingly apparent, NATO is making open plans to massively intensify its conflict with Russia.

April 22, 2023 Posted by | Ukraine, weapons and war | Leave a comment

The nuclear lobby continues to buy universities- University of Wyoming well and truly bought.

University of Wyoming Receives Faculty Advancement Grant From Nuclear Regulatory Commission

UW, April 21, 2023

The U.S. Nuclear Regulatory Commission’s (NRC) Office of Nuclear Regulatory Research recently announced the University of Wyoming has been selected for a Faculty Development Advancement Award as part of the NRC’s University Nuclear Leadership Program.

The award was announced in person by Commissioner Annie Caputo and Raymond Furstenau, director of the Office of Nuclear Regulatory Research from the NRC, at UW’s Research Explorations for Nuclear Energy in Wyoming (RENEW) event April 14.

“We are pleased to welcome the University of Wyoming as a NRC University Nuclear Leadership Program grant recipient,” Furstenau says. “The university’s proposal is exactly the type of activity we were aiming for with this grant program.”

The $600,000 award is intended to support new faculty in the nuclear-related fields of nuclear engineering, health physics and radiochemistry, and it advances the NRC’s goal of focusing on university-led projects that complement current and future research needs.

UW’s School of Energy Resources (SER) will augment the funding with an additional $100,000………………………  https://www.uwyo.edu/uw/news/2023/04/uw-receives-faculty-advancement-grant-from-nuclear-regulatory-commission.html

April 22, 2023 Posted by | Education, USA | Leave a comment

Hungary to Prolong Nuclear Plant’s Lifetime as Expansion Stalls

By Marton Kasnyik, April 21, 2023  https://www.bloomberg.com/news/articles/2023-04-21/hungary-to-prolong-nuclear-plant-s-lifetime-as-expansion-stalls?leadSource=uverify%20wall

Hungary aims to extend the lifetime of its sole nuclear power plant by 20 years to bridge major delays to its Russian-managed expansion, according to a senior official.

Extending the operation of the Paks plant in southern Hungary will maintain the source of about 40% of the country’s electricity consumption. The government is currently assessing safety issues after previous 20-year extensions to the four existing reactors in the last decade.

“Our plan is to get a further 20 years of life-extension,” Energy Minister Csaba Lantos said at a conference on Friday.

Prime Minister Viktor Orban’s administration handed a €10 billion ($11 billion) contract to Russia’s Rosatom Corp. in 2014 to expand the Paks plant. The project has been marred by delays, including due to initial European Union opposition to the investment and the quality of Rosatom’s plans, which Hungary’s own regulator has said fell short of stringent requirements.

Last week, Hungary and Russia said they agreed to an amendment of their original contract following media reports of a potentially reduced role for Rosatom amid EU sanctions against Russia for its invasion of Ukraine. 

The changes are “technical” in nature and don’t affect the project’s cost, Cabinet Minister Gergely Gulyas told reporters on Thursday, without elaborating.

April 22, 2023 Posted by | EUROPE, safety | Leave a comment

Scrapping could be next for Russia’s nuclear-powered battle cruiser

It is likely not cost-efficient to do the highly needed upgrade of the Northern Fleet’s 25-year old flagship “Pyotr Velikiy”.

Read in Russian | Читать по-русски

By Thomas Nilsen, 20 Apr 23  https://thebarentsobserver.com/en/security/2023/04/scrapping-could-be-next-russias-nuclear-powered-battle-cruiser

“Currently, the question about withdrawing “Pyotr Velikiy” from the Navy is under consideration. Based on the experience of repairing and modernizing the “Admiral Nakhimov” of the same class has shown that this is very costly,” a navy source said to state-owned news agency TASS.

Like in many speculations on the fate of older navy vessels, Russian state media send mixed information. Shortly after the TASS report came on Thursday, RIA Novosti quoted an unnamed source saying there are no plans to retire the huge warship.

The “Pyotr Velikiy” and “Admiral Nakhimov” are of sister ships, both of the Kirov-class, the only nuclear-powered surface warships in the Russian Navy.

The “Admiral Nakhimov” has not been in operation since the early 1990ties, and has since 1999 been at the yard in Severodvinsk undergoing repair, change of uranium fuel elements in the reactors and a refit to receive new weaponry, including modern cruise-missiles.

However, as repeatedly reported by the Barents Observer over the last decade, the re-commissioning of the warship has seen one postponement following the other. Current plans to set sail in 2024 today seem unlikely.

The “Pyotr Velikiy” was supposed to be docked in Severodvinsk as soon as “Admiral Nakhimov” joins the Northern Fleet.
The warship is armed with several types of cruise missiles, surface-to-air missiles, rocket launchers, torpedos and artillery. The hangar can house three helicopters.

April 18 marked the 25-years anniversary since “Pyotr Velikye” was commissioned. The ship has a crew of more than 700.

April 22, 2023 Posted by | Russia, weapons and war | Leave a comment

Biden willing to damage US economy to counter China – US Treasury

21 Apr 23,  https://www.rt.com/news/575100-china-sanctions-impact-us-economy-yellen/

Janet Yellen has conceded that protecting national security may come at an economic cost

President Joe Biden will stop at nothing to protect America against security threats posed by China, even if it means damaging the US economy, Treasury Secretary Janet Yellen has claimed.

“National security is of paramount importance in our relationship with China,” Yellen said during a speech in Washington in Wednesday. She gave the example of blocking China from obtaining certain technologies, adding, “We will not compromise on these concerns, even when they force trade-offs with our economic interests.”

Yellen accused China of “unfair” economic practices and of “taking a more confrontational posture” toward the US and its allies in recent years. Washington has a “broad set of tools” to deal with security threats from China, she added, such as export controls and sanctions against entities that provide support to the People’s Liberation Army (PLA).

The Treasury Department has sanctions authorities to address threats related to cybersecurity and China’s military-civil fusion,” Yellen said. “We also carefully review foreign investments in the United States for national security risks and take necessary actions to address any such risks. And we are considering a program to restrict certain US outbound investments in specific sensitive technologies with significant national security implications.”

The Biden administration has already taken steps to block Chinese companies from securing advanced semiconductor technologies, such as restricting exports of chip-making equipment. Yellen insisted that Washington doesn’t take such actions to gain an economic advantage or to stifle China’s growth and modernization.

Yellen also scolded China for alleged human rights abuses and alleged “no limits” support for Russia amid the Ukraine crisis. She warned that consequences would be severe if China provided material support or helped Russia evade sanctions, and she added that the US would use its “tools” to deter human rights abuses.

“Like national security, we will not compromise on the protection of human rights,” Yellen said. “This principle is foundational to how we engage with the world.”

Beijing has balked at US accusations, suggesting that Washington should “make more effort in solving its own human rights problems.” Chinese leaders also have faulted Washington for a “Cold War mentality” in which Beijing is demonized as a security threat as Biden’s administration tries to contain its economic progress.

“Containment and suppression will not make America great again, nor will it stop China from moving towards national rejuvenation,” Chinese Foreign Minister Qin Gang told reporters last month.

Yellen admitted earlier this week that Washington’s use of its leverage over the global financial system to sanction other countries could diminish the role of the US dollar as the world’s reserve currency. Asked about “weaponization” of the US currency, she told CNN that such tactics “could undermine the hegemony of the dollar.”

April 22, 2023 Posted by | politics international, USA | Leave a comment

Does India have enough insurance coverage for a nuclear disaster?

India has barely half the insurance amount required by law for its current nuclear plants, and has many more plants in the works.

Aljazeera, By Urvashi Sarkar 21 Apr 2023

India has barely half the insurance amount it needs in the event of a nuclear disaster, raising concerns among experts about the lack of oversight on the nuclear sector.

The India Nuclear Insurance Pool (INIP) has collected around 7 billion to 8 billion rupees ($84.5m to $96.6m) of the 15 billion rupees ($182.9m) required under the Civil Liability for Nuclear Damage Act, 2010 (CLND), indicating a critical shortfall in funds that will be needed to compensate victims and pay for cleanup in case of a nuclear disaster………………………………………………………..

“The fact that the nuclear insurance pool has not even met what is required by law is concerning — it shows that the Parliament is not overseeing how the nuclear sector is operating,” said MV Ramana, professor at the School of Public Policy and Global Affairs, University of British Columbia and author of The Power of Promise: Examining Nuclear Energy in India. “My greater concern is the approach of NPCIL and other parties involved, which seem to think of liability requirements as a box to check off, rather than something they need to prudently plan for.”

“They seem to be victims of the same ‘safety myth’ that was at the root of the inadequate preparations for nuclear accidents revealed in the aftermath of the multiple reactor accidents at the Fukushima Daiichi nuclear plant in Japan [in March 2011],” Ramana said…………………………………….

India currently has 22 reactors, all of which are operated by the NPCIL. The INIP provides insurance to all of them. Apart from this, it has 10 reactors that are at various stages of construction (one of which has been connected to the grid) and New Delhi has sanctioned another 10 — all of which are expected to start functioning by 2031. But how these plants will be insured is unknown………………………………………………………… more https://www.aljazeera.com/economy/2023/4/21/does-india-have-enough-insurance-coverage-for-a-nuclear-disaster

April 22, 2023 Posted by | business and costs, India | Leave a comment

US military-industrial complex is main beneficiary of fighting Russia in Ukraine – Moscow

21 Apr 23,  https://www.rt.com/russia/575116-galuzin-rt-interview-ukraine/

The American arms industry will now have contracts for years to come, Deputy Foreign Minister Mikhail Galuzin has insisted.

US policy on Ukraine is inherently cynical and ignores the interests of the Ukrainian people, Russian Deputy Foreign Minister Mikhail Galuzin claimed in an interview with RT. Washington is the biggest beneficiary from the hostilities, he added.

The US and its NATO allies “consider Ukraine as just raw material for [fulfilling] their aggressive purposes against Russia,” the senior diplomat said in an interview. Washington has declared the “strategic defeat” of Russia in Ukraine as its goal, he noted, with the US and its allies delivering weapons to Kiev on an unprecedented scale.

“The main beneficiary of [arming Ukraine] is the USA. [Its] military industrial complex… is now ensured orders for years to come. They are making profit on the war they conduct in Ukraine against us,” Galuzin said.

The deputy minister also commented on the Chinese peace plan for Ukraine, which Beijing presented earlier this year, affirming it could serve as the basis of a future peace agreement. However, it is up to Kiev to resume negotiations, he said, as it was the party that pulled out in the first place.

“In March 2022, it was Russia that responded positively to a Ukrainian proposal to hold peace talks. And the two sides were close to an agreement. We even formulated a draft treaty with Ukraine,” he said, referring to talks mediated by Türkiye.

Kiev has not responded to a document that Moscow put forward in April based on what Ukraine suggested in Istanbul, Galuzin said.

“The Kiev regime was stopped by its Western mentors,” he claimed, reiterating the view previously expressed by other senior Russian officials. The US “and its satellites” want to weaken Russia and are using Ukraine as a tool to do that, the diplomat stated.

They seem to be ready to continue this fighting to the last Ukrainian, unfortunately,” he remarked.

In the interview with RT, Galuzin also discussed Russian relations with Belarus and Moldova and the escalating religious conflict in Ukraine.

April 22, 2023 Posted by | Ukraine, weapons and war | Leave a comment

Nuclear Troubles Send French Winter Power Prices Soaring

By Michael Kern – Apr 19, 2023  https://oilprice.com/Latest-Energy-News/World-News/Nuclear-Troubles-Send-French-Winter-Power-Prices-Soaring.html

France’s power prices for early 2024 are double the German prices for next winter as the huge French nuclear fleet continues to show signs of weak output and availability.  

The French power price for the first quarter of 2024 was at $455 (416 euros) per megawatt-hour (MWh) on Wednesday. That’s more than double the price for the same period in Germany, where the power price was at $185 (169 euros) per MWh for early 2024, according to data compiled by Bloomberg.

France has had troubles at many of its nuclear reactors, half of which have been shut down for repairs and maintenance at several times over the past year.

Germany, meanwhile, took its last three nuclear power plants offline on Saturday, ending more than six decades of commercial nuclear energy use, Germany ended the nuclear power era despite continued concerns about energy security and energy supply after the Russian invasion of Ukraine and the end of pipeline natural gas deliveries from Russia, which was the largest gas supplier to Europe’s biggest economy before the war.

In France, concerns about the operations at France’s large nuclear power fleet resurfaced last month after the French nuclear safety authority, ASN, told energy giant and large nuclear reactor operator EDF to review its program of reactor checks, following the finding of another crack at a nuclear power plant.

This led to an 8% one-day surge in French power prices for next year, the biggest jump since the end of January.  

For much of last year, France’s nuclear power generation was well below capacity, as more than half of the country’s reactors were offline at one point in the autumn due to repairs or maintenance.  

At the moment, French nuclear power plants are producing 17.5% less than the average output rate for 2020 and 2021. That’s down from 23% last year, so there is some progress, but concerns remain.  

April 21, 2023 Posted by | business and costs, France | Leave a comment

Whaa -at ? Bill in North Carolina legislature would define nuclear as source of CLEAN energy

North Carolina Public Radio | By Rusty Jacobs, April 19, 2023

“…………………………… The bill, which advanced through the Senate Agriculture, Energy and Environment Committee on Wednesday, would change statutory language from “renewable” to “clean” energy, and would add nuclear facilities to that category along with wind and solar.

“I am for the least cost (sic) energy consumers have to buy,” Newton said…………..

Sen. Mike Woodard (D-Durham), a member of the Agriculture, Energy and Environment Committee, expressed reservations about a bill that would change statutory language from “renewable” to “clean” energy and add nuclear facilities to that category along will wind and solar.

…………….The bill now goes to the Senate Rules Committee.  https://www.wunc.org/environment/2023-04-19/bill-north-carolina-legislature-nuclear-source-clean-energy

April 21, 2023 Posted by | politics, USA | Leave a comment

Will Environmental, social, and governance (ESG) investment managers follow the govt in backing nuclear?

By Chloe Cheung, 19 Apr 23,  https://www.ftadviser.com/investments/2023/04/19/will-esg-investment-managers-follow-the-govt-in-backing-nuclear/

Wind turbines and solar panels are commonly associated with low-carbon energy, but nuclear power is also being considered in the pursuit of net zero.

In a move to encourage private sector investment, chancellor Jeremy Hunt said in the spring Budget that the UK green taxonomy will class nuclear power as ‘environmentally sustainable’, subject to consultation.

Although nuclear fuels are not renewable, the classification would enable nuclear power to have the same investment incentives as renewable energy.

But despite being low-carbon, it is not uncommon to come across ESG funds and investment companies that exclude nuclear power generation. So will investment managers follow the UK government’s approach to nuclear power?

William Argent, lead adviser to the VT Gravis Clean Energy Income Fund, says the fund’s responsible investment statement does not currently allow exposure to nuclear power generation assets.

“There may be some very modest exposure to companies involved in the nuclear energy supply chain, providing services; but we do not have exposure to companies that own nuclear energy generation plants themselves,” he adds.

While the UK government wants to class nuclear power as ‘environmentally sustainable’, Argent says his position on nuclear energy has, at this stage, not changed. “We exclude it as a commonly perceived ‘controversial activity’.

“There would need to be a shift in that perception among our investors and more widely. We would not consider changing the stance unless there was a broader acceptance.”

Other funds avoiding companies that generate revenue from nuclear power generation include Quilter Cheviot’s Climate Assets Funds.

“While we recognise that nuclear power does not generate greenhouse gas emissions, and therefore it has a role to play in the net-zero pathway and transition away from fossil fuels, we do not consider it a ‘sustainable investment’,” says Claudia Quiroz, lead fund manager of the Climate Assets Funds, and head of sustainable investment at Quilter Cheviot.

Citing environmental and safety issues that “outweigh” zero emission credentials, she says: “Nuclear energy generates a significant mass of radioactive waste. In addition, however it is disposed of, that radioactive waste will remain for generations to come.

“Safety concerns, both accidental and deliberate, also exist. While the operation of nuclear power plants is undoubtedly safer than previous generations and an accidental disaster on the scale of Chernobyl is unlikely, safety challenges do remain. 

“Nuclear power plants are also easy targets for malevolent acts such as terrorist threats, cyberattacks or acts of war.”

Although Quiroz describes the UK government’s intended sustainable classification of nuclear energy as ultimately a positive move, she adds that as sustainable investors, it will not change the fund’s philosophy on investing in nuclear energy.

April 21, 2023 Posted by | Religion and ethics, UK | Leave a comment

Germany and Finland: Two sides of the nuclear power coin in Europe

“What we see in Germany is a measured but speedier version of a European trend: the decline of the nuclear industry,”

“It’s a progressive closure — the replacement rate is insufficient for nuclear energy to survive.”

The shutdown of the remaining German reactors coincides with the startup of a new reactor on the Finnish coast

IGNACIO FARIZA. El Pais, Madrid – APR 19, 2023 

As chance would have it, the shutdown of the Germany’s remaining nuclear reactors coincided exactly with the opening of a new one in Finland, the first in over 15 years in the European Union (EU). Both countries are highly vulnerable to the vagaries of Russian energy sources, but represent two opposing European visions of the always controversial nuclear energy.

The timing could not have been more incongruous. Almost 12 years after Angela Merkel’s administration decided to abandon nuclear power following the Fukushima (Japan) disaster, three plants were disconnected from the grid and mothballed: Isar 2 (Bavaria); Neckarwestheim 2 (Baden-Württemberg); and Emsland (Lower Saxony). A few hours later, in the early hours of the morning, the largest reactor in Europe was inaugurated 1,000 miles to the north. After almost 15 years of construction and many cost overruns, the Olkiluoto Nuclear Power Plant started producing 1.6 gigawatts (GW) of electricity, about one seventh of Finland’s total electricity demand.

The start-up of the Finnish reactor was a rocky road: it was first scheduled to be completed in 2009 and cost $12 billion, three times more than the original estimate. With Finnish conservatives holding a firm grip on power, more nuclear power projects are expected. Petteri Orpo, the front-runner in the prime minister race, often says in campaign speeches that nuclear power should be “the cornerstone of Finnish energy policy.”

The brutal energy shock aggravated by the Russian invasion of Ukraine has recently rekindled the debate about the role of nuclear power in Europe. Germany delayed the closure of its reactors by four months amid the energy crisis, and several political parties (including Merkel’s center-right CDU party) have reversed their original positions. The International Energy Agency (the Organization for Economic Cooperation and Development’s energy arm) has emerged as a leading advocate for nuclear reactors in a context increasingly dominated by renewable energy. A report by the International Energy Agency last summer noted the growing momentum for nuclear energy in many countries given rising fuel prices and growing concerns about stable energy supplies……………….

Although wind and photovoltaic energy are gaining traction in Germany, Europe’s biggest economy and most populous country, fossil fuels will have to fill some of the gap left by the nuclear plant shutdowns (6% of Germany’s electricity in 2022). Highly polluting coal plants still produce a third of the country’s electricity but will have to close by 2038……………………….

Consultant and environmentalist Mycle Schneider, author of one of the most comprehensive annual report on the global state of nuclear power, doesn’t see it that way. “What we see in Germany is a measured but speedier version of a European trend: the decline of the nuclear industry,” he told EL PAÍS in an e-mail. “It’s a progressive closure — the renewal rate is insufficient for nuclear energy to survive.”

Schneider, a German expert based in Paris, says in the last 30 years EU countries have connected 16 new reactors, closed 47 and started construction on only two: Flamanville 3 (in France) and Olkiluoto 3. “Since the construction of these facilities began, the cost of solar [photovoltaic] energy has plunged by 90% and wind power by 70%. It’s simply impossible for a nuclear plant to compete with those low costs,” he said. Over the same period, the EU has added 157 GW of solar energy capacity, wind has added 175 GW, and nuclear has accounted for a 24 GW loss in capacity.

Paris and Berlin dominate the debate

Apart from the diverging paths of Berlin and Helsinki, the nuclear energy debate is still dominated by the two major continental powers: Germany, which has the unwavering support of Spain and Austria, and France, supported by several Eastern European countries.

Broad swaths of German society vehemently oppose nuclear energy, unlike French society and its government. France depends highly on nuclear energy, even during 2022 when a plague of technical issues caused shutdowns of many power plants. 60% of France’s electricity is nuclear, perhaps because prior to its 2016 corporate restructuring, Areva — a global power in nuclear plant construction — was majority-owned by the French state. Areva was the lead engineering firm for Olkiluoto 3. However, the future of nuclear energy will not be driven by France, Germany or the EU, says Zurita, but by “China, India, South Korea and the other emerging countries” that are growing so rapidly.  https://english.elpais.com/international/2023-04-19/germany-and-finland-two-sides-of-the-nuclear-power-coin-in-europe.html

April 21, 2023 Posted by | Finland, Germany, politics | Leave a comment

Germany, Poland and others are pushing for new sanctions on Russia’s nuclear energy.

CNBC, APR 19 2023, Silvia Amaro @SILVIA_AMARO

  • In a document seen by CNBC, Poland and the Baltic States called for sanctions on the civil nuclear energy activities too.
  • According to data published by Europe’s statistics office Eurostat in 2021 — the year that preceded Russia’s invasion of Ukraine — Moscow was the third biggest provider of uranium to the EU.
  • Asked whether a new set of actions to target Russia would feature nuclear energy, a spokesperson for the European Commission said the institution has no comment on ongoing confidential discussions.

…………………………………… “Across the EU, we must keep making ourselves independent from Russia,” Robert Habeck, the German economy and climate minister, said over the weekend.

“The nuclear sector is still outstanding. It is not justifiable that this area is still given preferential treatment. Nuclear technology is an extremely sensitive area, and Russia can no longer be seen as reliable partner within it,” he said.

In a document seen by CNBC, Poland and the Baltic States also called for sanctions on civil nuclear energy activities.

“Between March and December 2022, Russia exported just over $1 billion-worth of materials and technology of relevance to the nuclear energy sector,” the Royal United Services Institute, a think tank, said in a report in February.

“This trade included exports to members of NATO and the EU. In fact, not only has the value of Russian nuclear-related exports not shrunk since February 2022, the data reviewed by the author suggests that it may be expanding, with a handful of loyal customers still eager to do business with Russia’s nuclear sector,” the same report said.

According to data published by Europe’s statistics office Eurostat in 2021 — the year before Russia’s invasion of Ukraine — Moscow was the third biggest provider of uranium to the EU.

Ukrainian officials, as well as environmental groups, have previously criticized how the European Union has so far not curbed nuclear revenues for the Kremlin.

……………………… Further highlighting the complexity of the matter, Hungary announced in August that it would build two new nuclear reactors with the Russia state-owned firm Rosatom.

April 21, 2023 Posted by | EUROPE, politics international | Leave a comment

Russia to set up a small nuclear reactor in the Arctic Republic of Sakha

Rosatom and the Corporation for the Development of the Far East and the
Arctic have signed a cooperation agreement relating to the construction of
a Russian small nuclear reactor power plant in the Republic of Sakha (also
known as Yakutia).

World Nuclear News 18th April 2023

https://www.world-nuclear-news.org/Articles/Fresh-cooperation-agreement-on-SMR-plan-for-Yakuti

April 21, 2023 Posted by | ARCTIC, Small Modular Nuclear Reactors | Leave a comment