Skip to main content

Lieberman and McCain Urge Congressional Colleagues to Promote Nuclear Energy

By Eric McErlain
In today's edition of the Boston Globe, Senators Joe Lieberman (D-CT) and John McCain (R-AZ) got busy re-introducing the Climate Stewardship and Innovation Act to the American public:
The bill, which has growing bipartisan support, would harness the power of the free market and the engine of American innovation to reduce the nation's greenhouse gas emissions substantially enough and quickly enough to forestall catastrophic global warming.
However, they have a bit of advice for their Congressional colleagues:
Congress must listen to the companies that will be governed by the new climate law. After all, they are the ones who will develop and deploy the advanced energy technologies that will solve this problem. While intransigent firms should not be allowed to weaken the legislation, lawmakers must be open to a good-faith business perspective that can help solve this urgent global problem. As the bill reflects, lawmakers must also have the courage to promote safe climate-friendly nuclear energy.
For a copy of the bill, click here.
Labels:

Comments

Joffan said…
An impressive list of cosponsors, especially in a Dem-majority Senate, suggesting good progress is possible on this bill:
Carper, Thomas R. (D)
Clinton, Hillary Rodham (D)
Collins, Susan M. (R)
Durbin, Richard (D)
Lincoln, Blanche L. (D)
McCain, John (R)
Nelson, Bill (D)
Obama, Barack (D)
Snowe, Olympia J. (R)

... and the sponsor Lieberman is technically (I).
February 13, 2007 at 6:51 PM
Post a Comment

Popular posts from this blog

Activists' Claims Distort Facts about Advanced Reactor Design

By
Below is from our rapid response team . Yesterday, regional anti-nuclear organizations asked federal nuclear energy regulators to launch an investigation into what it claims are “newly identified flaws” in Westinghouse’s advanced reactor design, the AP1000. During a teleconference releasing a report on the subject, participants urged the Nuclear Regulatory Commission to suspend license reviews of proposed AP1000 reactors. In its news release, even the groups making these allegations provide conflicting information on its findings. In one instance, the groups cite “dozens of corrosion holes” at reactor vessels and in another says that eight holes have been documented. In all cases, there is another containment mechanism that would provide a barrier to radiation release. Below, we examine why these claims are unwarranted and why the AP1000 design certification process should continue as designated by the NRC. Myth: In the AP1000 reactor design, the gap between the shield bu...
23 comments
Read more

Wednesday Update

By
From NEI’s Japan micro-site: NRC, Industry Concur on Many Post-Fukushima Actions Industry/Regulatory/Political Issues • There is a “great deal of alignment” between the U.S. Nuclear Regulatory Commission and the industry on initial steps to take at America’s nuclear energy facilities in response to the nuclear accident in Japan, Charles Pardee, the chief operating officer of Exelon Generation Co., said at an agency briefing today. The briefing gave stakeholders an opportunity to discuss staff recommendations for near-term actions the agency may take at U.S. facilities. PowerPoint slides from the meeting are on the NRC website. • The International Atomic Energy Agency board has approved a plan that calls for inspectors to evaluate reactor safety at nuclear energy facilities every three years. Governments may opt out of having their country’s facilities inspected. Also approved were plans to maintain a rapid response team of experts ready to assist facility operators recoverin...
Post a Comment
Read more

Nuclear Utility Moves Up in Credit Ratings, Bank is "Comfortable with Nuclear Strategy"

By
Some positive signs that nuclear utilities can continue to receive positive ratings even while they finance new nuclear plants for the first time in decades: Wells Fargo upgrades SCANA to Outperform from Market Perform Wells analyst says, "YTD, SCG shares have underperformed the Regulated Electrics (total return +2% vs. +9%). Shares trade at 11.3X our 10E EPS, a modest discount to the peer group median of 11.8X. We view the valuation as attractive given a comparatively constructive regulatory environment and potential for above-average long-term EPS growth prospects ... Comfortable with Nuclear Strategy. SCG plans to participate in the development of two regulated nuclear units at a cost of $6.3B, raising legitimate concerns regarding financing and construction. We have carefully considered the risks and are comfortable with SCG’s strategy based on a highly constructive political & regulatory environment, manageable financing needs stretched out over 10 years, strong partners...
Post a Comment
Read more