$Billions debt will be the result of USA’s nuclear loans
These kinds of advance payments are exactly the kind of financial shenanigans that brought the last nuclear-construction boom to an end, leaving utility ratepayers with billions of wasted dollars in costs.
Sorry, But Nukes Still Don’t Pencil Out, THE HUFFINGTON POST, Carl Pope, August 24, 2010 “……the present generation of pressurized-vessel nuclear power plants makes so little economic sense Continue reading
India’s Nuclear Liability Bill really aimed at protecting foreign nuclear companies
‘Intent is to give immunity on a platter’, The Hindu , 25 Aug 2010, Nuclear scientist A. Gopalakrishnan, a strong critic of the Civil Liability for Nuclear Damage Bill, has alleged that the real intent of the measure, ‘diluted’ by the Union Cabinet, is to provide foreign supplies total immunity from any liability Continue reading
Nuclear industry worried as India agonises over Nuclear Liability
Industry upset with N-liability bill changes – India – The Times of IndiaTNN, Aug 25, 2010, NEW DELHI: Amid indications that the government may amend the nuclear liability bill yet again to accommodate the Opposition’s protest against dilution of the clause dealing with supplier liability, industry on Tuesday mounted a campaign warning that the toughening of the very same provisions could scare away suppliers — both Indian and foreign. Continue reading
Anti-nuclear protests in Bengal make Russia want to change its nuclear sales plan
Worried over protests, Russia’s state-owned nuclear power equipment and service giant Rosatom wants to pull out of the proposed nuclear power plant at Haripur and has asked the Department of Atomic Energy to allot it another site.
Russians eager to quit Haripur – Kolkata – City – The Times of India, Sachin Parashar, TNN, Aug 23, 2010, Continue reading
Germany and Belgium lead the way in much-needed nuclear fuel levy
The Belgian government has recently started raising a levy on those power plants, far too small at €5 per MWh, but future government parties want to increase that substantially.
A levy on nuclear producers is right FT.com, August 25 2010 Prof Eric De Keuleneer German chancellor Angela Merkel is wise to tax her nuclear producers.. Continue reading
Russia, USA, keen to sell nukes to India – but not to pay for accidents
US diplomatic sources, speaking on condition of anonymity, said it would be a “disaster” for US companies if the Indian Bill insisted on large foreign supplier liability.
Russia says no to supplier liability, Business Standard, Jyoti Malhotra / New Delhi August 24, 2010, Even as political acrimony over the Nuclear Liability Bill rages in and outside Parliament, India’s old-time friend Russia has clearly told the Indian establishment that it will not accept any liability for the supply of equipment and other material to help India build its nuclear power plants, either in the present or future….. Continue reading
Conflict of interest in regulation of Atomic Energy in India
the provisions of the Bill will unduly favour the foreign suppliers of nuclear equipment…..Like IAEA, Indian the Atomic Energy Regulatory Board (AERB) is dependent on the Department of Atomic Energy (DAE) whose mandate is charged with promoting nuclear power in India……
India’s Sham Nuclear Liability Bill, By Toxic Watch, 22 August, 2010, Countercurrents.org “….Srikumar Banerjee, Chairman, Atomic Energy Commission and ex-officio Secretary, Department of Atomic Energy, one of the drafters of the Bill is guilty of ignoring the consequences of possible nuclear disaster because his text has privatized profits and made liabilities public. Continue reading
Germany to keep nuclear fuel tax, phase out nuclear power
At the weekend Peter Müller, the leader of the small state of Saarland and a member of Ms Merkel’s CDU party, said in an interview with the Frankfurter Allgemeine newspaper that his regional government did not support any move to extend the life of the plants and would vote against any law change [that would allow nuclear plants to continue]
Merkel stands firm on nuclear tax plan, FT.com, By James Wilson August 22 2010 Angela Merkel on Sunday stood by plans for a tax on nuclear power as debate intensified over her government’s energy policy following public criticism by leading business people. Continue reading
AREVA postpones USA nuclear component making to unspecified date
Areva nuclear component manufacturing facility delayed to 2013, Washington (Platts) Steven Dolley, -20Aug 2010 Areva will delay until 2013 the start of manufacturing nuclear power reactor components at a facility being built in Virginia, a company spokesman said Friday…..Areva spokesman Jarret Adams said Friday in an interview that the start-up date for the Newport News facility was postponed because of reduced economic growth and other factors that have “caused some of our customers to slow plans” to build new power reactors. Adams would not name those customers and declined to provide more specific expected dates for completion of construction or the start of manufacturing. Platts: RSS Feed Detailed News
Chewonki meeting – stop nuclear power development until waste problem solved
If there could be said to be a consensus that emerged from the public comments that were made at Chewonki, it was that Congress should and must forbid any further development of nuclear power unless or until this intractable problem has been resolved.
Not at any price, The Times Record, Mid-Coast Maine, Betty King, August 20, 2010, “…..the meeting at Chewonki with the President’s Blue Ribbon Commission on the Storage and Transportation of Nuclear Waste… Continue reading
Security of Pakistan’s nuclear sites; OK says Pakistani Army
Pakistan Army Spokesman: Nuclear Installations Are Safe From Floods, The MEMRI Blog, 20 Aug 2010, Pakistani Army spokesman Maj.-Gen. Athar Abbas has said that Pakistan’s nuclear installations do not face any danger from the country’s worst floods, according to a Pakistani website.The website of the Dawn newspaper quoted Abbas as saying: “All our nuclear and military installations have remained safe and there is no further danger from flooding.” In recent years, Western nations have expressed concerns over the security of Pakistani nuclear sites.
Gathering opposition to renewal of nuclear plant license
Other groups that have joined the petition include Beyond Nuclear, based in Takoma Park, Md.; New England Coalition on Nuclear Pollution of Brattleboro, Vt.; Seacoast Anti-Pollution League in New Hampshire; Pilgrim Watch in Duxbury, Mass.; and C-10 Research & Education Foundation in Newburyport, Mass………….
Opponents petition NH power plant license renewal, BusinessWeek, By KATHY McCORMACK 20 Aug 2010, CONCORD, N.H.Citizens’ groups filed a petition Wednesday to protest an application from New Hampshire’s lone nuclear power plant to extend its license for 20 years. Continue reading
Japanese urged not to invest in risky new nuclear reactors
Speaking tour of Japan challenges MOX fuel use and financing for new U.S. reactors, Beyond Nuclear Aug 19 2 010 . Beyond Nuclear’s Kevin Kamps toured Japan from August 2nd to 12th, visiting Tokyo, Fukushima, Fukui, Kansai and Kyushu. Highlights included meeting with officials from the Japan Bank for International Cooperation and the Nippon Export and Investment Insurance agency, where a letter signed by 75 U.S. national and grassroots groups was delivered, urging no Japanese financing for risky new reactors in the U.S. Continue reading
Germany struggles over question of its aging, dilapidated nuclear facilities
“There is no reason to negotiate with the nuclear power companies,” ….“A fuel tax is not needed to pay for extending the life of the plants but to keep the taxpayers from footing the bill of up to €10 billion for refurbishing old, dilapidated waste storage facilities.”….
analysts argue that the more Germany expands the renewable energy sector, whether for domestic consumption or exporting the equipment, the greater the potential for creating jobs.
Merkel Takes an ‘Energy Trip’, By JUDY DEMPSEY NYTimes.com, August 18, 2010 BERLIN — Chancellor Angela Merkel, facing intense pressure from nuclear power companies to extend the life of their plants, began a cross-country tour Wednesday before deciding on a long-term energy policy with far-reaching implications for Germany, which has Europe’s largest economy…… Continue reading
Domini Social Investments will invest in energy, but not nuclear
Before nuclear power can be seriously considered to be an effective answer to climate change, we need to solve the nuclear waste problem and we need to address the link between nuclear power and nuclear weapons proliferation.
To date there is no way to distinguish between the uranium enrichment process that is necessary to fuel a nuclear power plant and the enrichment of uranium for use in a nuclear bomb.
Domini does believe that companies with stronger social and environmental profiles should perform better in the long term, and that the use of social and environmental factors can help manage certain types of investment risk.
Social funds: BP, the 1960s, and greed | The Energy Collective, August 16, 2010 by Marc Gunther“.…..I heard from Adam Kanzer, who is managing director and general counsel at Domini Social Investments.….. Continue reading
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