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Nuclear Energy News
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US-backed loans to expand nuclear power: a boon for overseas jobs?
A report released Thursday finds that all 18 firms lining up for tens of billions in US-backed loans for new nuclear power plants would use overseas jobs to build most of them.
By Mark Clayton, Staff writer
Christian Science Monitor
posted July 2, 2010 at 11:36 am EDT
Click here for the original article
Nuclear power opponents and taxpayer groups on Friday took fresh aim at new nuclear reactor projects, hopping aboard a movement in Congress to oppose taxpayer support for power projects that might benefit foreign companies and overseas jobs.
While activists have long claimed Congress and the White House would be fiscally irresponsible to grant loan guarantees for new nuclear power reactor construction due to projected high default rates, the groups for the first time Thursday released a report citing the loan guarantees' bolstering of foreign jobs and overseas ownership.
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Read more: Nuclear Power Not Homegrown, Benefits Foreign Companies and Regimes
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Nuclear Energy News
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Click on the image to enlarge this cartoon by Matt Davies:
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Nuclear Energy News
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Click here to view a seven-minute story on the residents in Burke County, Georgia who have concerns about the rising contamination and cancer rates in the county since the two existing reactors started operating in the late 1980s. |
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Nuclear Energy News
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Appeals court sends issue back to lower court for consideration
By SAMMY FRETWELL (in the State)
The South Carolina Court of Appeals sided with conservationists Wednesday in their fight against a 39-year-old nuclear waste dump that has buried atomic garbage in open trenches and leaked radioactive pollutants into groundwater.
After six years of legal skirmishes about the landfill, the appeals court agreed to keep alive the state Sierra Club's case for tougher disposal controls at the Barnwell County dump.
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Read more: Chapter Efforts to Remediate Nuclear Waste Move Forward
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Nuclear Energy News
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National and Local Groups Question Obama Decision to Give Taxpayer Handouts to Nuclear Industry
This week the S.C., Chapter of the Sierra Club delivered a letter to Senator Lindsey Graham calling for a review of Graham's endorsement of nuclear power as a "homegrown solution" to climate change or our energy needs. Around the country, other chapters are contacting their Senators with similar letters, decrying President Obama's plan to give billions of taxpayer dollars to an economically unreliable industry with a long history of defaulting on loans, putting the taxpayers completely at risk.
New nuclear power plants are proving to be more expensive than any cap and trade plans, and more expensive than any other forms of energy, especially energy efficiency, offshore wind and even solar. Recently S.C. Electric Cooperative Director Mike Couick cited new nuclear electricity as being near .30 per kilowatt. At this rate, many lower income families will not be able to afford electrcity.
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