Another Environmentalist for Nuclear Energy

the global warming issue is far graver than the issue of nuclear power plant waste. Therefore I think we should follow our priorities and promote nuclear energy plants as well as solar and wind. Because I am skeptical that we can get to 100 percent green energy production...

It's an environmentalists' predicament - but it's obvious which of the two choices, global warming or nuclear waste, poses greater risk to the planet. We have met the enemy and he is us – environmentalists have prevented nuclear plants from being built in the past. Has this resulted in CO2 emissions? Probably. I will say that if we can have 100 percent electricity generation from green power (solar, wind, geothermal,) that would be peachy with me, but I am skeptical it could be done.

Sounds like there's some common ground here. We're ready to talk if you are.

Comments

Anonymous said…

"nuts"

May 30, 2007 at 9:09 PM

Activists' Claims Distort Facts about Advanced Reactor Design

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...

Wednesday Update

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

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...

NEI Nuclear Notes

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