People’s Alliance For Clean Energy

People’s Alliance For Clean Energy

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Archive for February, 2010

Act now: Stop $54 Billion Nuclear Giveaway

STOP $54 BILLION NUCLEAR GIVEAWAY
WRITE CONGRESS NOW
CALL ON THURSDAY, FEBRUARY 25
YOUR ACTIONS MATTER!

February 22, 2010
Dear Friends,
President Obama wants to triple the loan program for construction of new nuclear reactors, to $54 billion.
As we pointed out last week, these are not loan “guarantees”–they are direct taxpayer loans to wealthy nuclear utilities from the government’s Federal Financing [...]

ENERGY: Nuclear Does Not Make Economic Sense Say Studies

By Julio Godoy
BERLIN, Feb 12, 2010 (IPS) – The enormous technical and financial
risks involved in the construction and operation of new nuclear power
plants make them prohibitive for private investors, rebutting the
thesis of a renaissance in nuclear energy, say several independent
European studies.
The risks include high construction costs, likely long delays in
building, extended periods of depreciation of [...]

The Hidden Threat to the Nuclear Renaissance

The revival of the nuclear energy industry carries the risk of a Wall
Street-level financial meltdown, and then some.
SAM MCPHEETERS | February 19, 2010 | web only
The cooling tower of Trojan Nuclear Plant, near Rainier, Oregon, which
has been out of operation since 1993. (AP Photo/Don Ryan)
It’s a little misleading to call America’s renewed interest in nuclear
power [...]

Vermont’s radioactive nightmare

February 10, 2010
Like a decayed flotilla of rickety steamers, at least 27 of America’s
104 aging atomic reactors are known to be leaking radioactive tritium, which is linked to cancer if inhaled or ingested through the throat or skin.

No place for ‘oops’

First published: Friday, February 5, 2010
A report that radioactive tritium may be leaking from at least 27 of the nation’s nuclear power plants would be worrisome in itself. But news that a leading nuclear energy company misled regulators about the matter should raise a red flag for Congress and the Obama administration as they consider [...]

Lobbying, global warming portend U.S. nuclear renaissance

WASHINGTON — The Obama administration soon may guarantee as much as $18.5 billion in loans to build new nuclear reactors to generate electricity, and Congress is considering whether to add billions more to support an expansion of nuclear power.

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