Cameco, Exelon, USEC, – Nuclear and Uranium Stocks are Losers
Top Nuclear Stocks Losers (NYSE: CCJ,EXC,USU) Trak In, Business and Finance News by EIN, 2010/02/05 Dallas, Tx – Cameco Corporation (USA) (NYSE:CCJ) went down 2.94% to $27.37 on 2.29 million shares. The stock hit an intraday high and an intraday low of $28.30 and $27.34 respectively. In the last six months the stock went down over 6%. Cameco Corporation is a Canada-based company. The Company, along with its subsidiaries, is engaged in the exploration, development, mining, refining, conversion and fabrication of uranium for sale as fuel for generating electricity in nuclear power reactors in Canada and other countries. Continue reading
Nuclear power on the nose in Italy
‘We are against nuclear power and today in Rome most of the regions stood for this idea’.
Political risk for Italian nuclear World Nuclear News 3 Feb 2010 Italy’s inter-regional body rejected the nuclear energy policy proposed by Silvio Berlusconi’s government during a late January session. Meanwhile, regional elections are approaching, giving rise to fears for Italy’s nuclear renaissance. Continue reading
Westinghouse nuclear plans delayed in Florida and in India
Westinghouse says Florida nuclear units to be delayed US nuclear regulator action delays Florida units By C.J. Kuncheria, NEW DELHI, Feb 3 (Reuters) – Nuclear energy firm Westinghouse Electric, owned by Japan’s Toshiba Corp (6502.T), said regulatory issues would delay the starting of two reactors it is building in Florida by 1-½ to 3 years. Continue reading
UK Property prices slump where nuclear reactors planned
Cumbrian property prices hit by nuclear power station plans News & Star By Julian Whittle Political Editor 02 February 2010 Proposals for nuclear power stations at Braystones and Kirksanton in west Cumbria are causing “property blight”, Cumbria County Council believes…….. Continue reading
Latest poll shows that the young, and women, oppose Obama’s nuclear power policy
A Run at the Latest Data from ABC’s Poobah of Polling. Gary Langar The Numbers The President and Nuclear Power
ABC News January 28, 2010“…………..Obama’s been most popular by far among young adults, a group critical to his election. Yet they oppose nuclear plants by significant margin. Support’s highest among seniors, long Obama’s weakest support group by age; they favor nuclear power by a vast 67-28 percent. Continue reading
Obama panders to nuclear lobby, loses credibility with his supporters
Demoralizing his Supporters, Obama calls Nukes, Coal and Oil Drilling “Clean Energy Jobs” Think Progress, by Brad Johnson
9 Jan 2010 President Barack Obama’s discussion of energy policy in his first State of the Union address pandered to corporate interests while demoralizing his progressive supporters. Though Obama made a strong case that real investments in clean energy such as solar technology, advanced batteries, high-speed rail and efficiency are critical to job creation and international competitiveness, he also offered sops to established corporate polluters.
Republicans, who spent much of the address refusing to applaud Obama’s call for economic reforms, ecstatically applauded his praise of polluting industry. Embracing the language of the John McCain campaign, Obama described nuclear power, offshore oil and gas drilling, and coal as “clean energy jobs”: – (” a new generation of safe, clean nuclear power plants in this country”)………Obama’s actual supporters were dismayed. Continue reading
South Africa’s Pebble Bed Nuclear Reactor probably has no future
Times Live Zambia Jan 28, 2010 | By Sapa
Trade union Solidarity has raised the alarm about pending job losses at the Pebble Bed Modular Reactor (PBMR) project in Centurion near Pretoria as funding dries up.
“Workers were informed (by PBMR chief executive Jaco Kriek) that government would not make further subsidies available for the project and that there were only sufficient operating funds left until April,” Solidarity spokesman Jaco Kleynhans said in a statement.
PBMR spokesman Tom Ferreira did concede, in a statement, that “the future of the PBMR is currently being reviewed by government, Necsa and Eskom.”…..The minerals and energy department could not be reached for comment….http://www.timeslive.co.za/news/local/article282054.ece
Young Americans want clean jobs, not dirty nuclear power
Dirty talk in SOTU: why my generation’s jobs must be clean The Huffington Post Jessy Tolkan 28 Jan 2010 “….After outlasting the Bush Administration’s team of deniers over the last decade, it’s a victory that Team Obama has identified the need to solve the climate and energy crisis as the path to securing our nation’s future. Continue reading
Obama’s State of Union speech: double standards on nuclear power?
Iran Accuses Obama of Double Standards on Nuclear Power Voice of America 28 Jan 2010 Iran is accusing U.S. President Barack Obama of double standards for supporting the building of nuclear power plants in the United States while threatening Tehran for pursuing a similar goal. Continue reading
UK tax-payer might have to fund new nuclear power
there was no guarantee that government will not have to step in at some point to help pay for the construction and decommissioning costs……..
UK new nuclear build will not get government subsidies The Energy Collective 22 jan 2010 Taxpayers off the hook for cost of new plants The British government will not use taxpayers’ money to subsidize the construction of new nuclear power plants, Philip Hunt, (right) minister of state at the Department of Energy and Climate Change said Jan 21. Continue reading
Anxiety as the Western world losing dominance of the nuclear industry
First and Second World countries are starting to look better, when compared with what is coming.
With very dubious safety and occupational health regulations, and with a big lack of transparency, South Korea embarks on a nuclear sales program to the Middle East.
China and India enthusiastically aim for nuclear power – also both with dubious safety, and secrecy.
Nuclear opponents have become accustomed to criticising France, UK, USA, Russia, Japan, Israel. But these First and Second World countries are starting to look better, when compared with what is coming.
For the U.S.A. and U.K. we have a chance of learning through free media about nuclear incidents. And possibly even for France. Not so sure about Russia. But at least they’ve all had experience of this so very dangerous industry. But for China, and the Asian and Middle East nations there’s likely to be an unhealthy combination of inexperience and news censorship.
Now we have countries with little experience or expertise and with dubious or no oversight of plants and of waste dumps, or uranium mines. And – countries that purport to want only ‘peaceful’ nuke power, Yet with obvious other power resources – e.g. Saudi Arabia, why would they want nukes? The answer that springs to mind is – for nuclear weapons.
And nuke weapons are not the only worry. How vulnerable are these “non-Western” nukes to accident, theft of plutonium, terrorism, and response to mistaken attack?
Tax-payer must be liable for nuclear accidents
But why haven’t Russia or France demanded that such a law be passed in India? “In the US the equipment manufacturers are in the private sector whereas in other countries they are either government owned or act like one,” Kakodkar replied.
Nuclear liability limit needed to enter global trade: Kakodkar Little About, Chennai, Jan 5 : A law to limit the liability of nuclear equipment makers in case of accident is a basic need to enter global nuclear trade, the ex-head of the Atomic Energy Commission (AEC) has said, Continue reading
Are modern nuclear reactors safe?
the-economic-downside-to-
“……….Are new modern nuclear reactors safe?” The difficulty in this question is finding a nuclear reactor that has been built within the last 10 years. According to Der Spiegel there aren’t any new reactors built within the last ten years that are up and running. Current projects in Finland and France are experiencing severe problems with the construction and the design. Continue reading
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