Skip to main content

An Appeal for Unity on Nuclear Energy

After hearing John Edwards declare his outright opposition to nuclear energy during Tuesday's Democratic debate in Nevada, Adam Blinick of The New Republic wrote ...
Gwyneth Cravens's illuminating Power to Save the World: The Truth about Nuclear Energy dispels many of the myths about nuclear energy that Edwards' position helps prop up. For example, she notes coal plants emit more radiation than nuclear ones. (In fact, humans get more radiation from medical x-rays or flying round-trip from New York to L.A. than living near a nuclear plant). Also, Cravens argues that nuclear energy plants are almost completely risk-free regarding nuclear weapons proliferation (it's a different enrichment process) and potential terrorist attacks (U.S. plants are simply too secure). She also makes the argument that we likely have safe ways of disposing of nuclear waste, even at Yucca Mountain.

For all the empty "unity" rhetoric that inevitably is present during an election cycle, nuclear energy--if looked at with sober eyes--provides a real opportunity for the left and right to get together and tackle three of today's greatest challenges: national security, energy independence, and climate change.
Hmmm. Where have we heard that before? For more on the Cravens book, click here for a look at our archives.

UPDATE: Matt Zeitlin has some thoughts on Edwards and his anti-nuclear stance.

Comments

Anonymous said…
One thing I would like to see this election cycle, is the Republicans to reach out to some of the unions. Like the welders and boilermakers unions, the IBEW, machinists, United Steel Workers, and maybe the UAW.

Nuclear plant build in America and elsewhere will mean the creation of many very high paying and importantly stable union jobs, from running the plants, maintaining, constructing by skilled tradesmen.. And then the high paying jobs at the American factories to make all of the parts. These aren't 9 dollar an hour service jobs.

Popular posts from this blog

Fluor Invests in NuScale

You know, it’s kind of sad that no one is willing to invest in nuclear energy anymore. Wait, what? NuScale Power celebrated the news of its company-saving $30 million investment from Fluor Corp. Thursday morning with a press conference in Washington, D.C. Fluor is a design, engineering and construction company involved with some 20 plants in the 70s and 80s, but it has not held interest in a nuclear energy company until now. Fluor, which has deep roots in the nuclear industry, is betting big on small-scale nuclear energy with its NuScale investment. "It's become a serious contender in the last decade or so," John Hopkins, [Fluor’s group president in charge of new ventures], said. And that brings us to NuScale, which had run into some dark days – maybe not as dark as, say, Solyndra, but dire enough : Earlier this year, the Securities Exchange Commission filed an action against NuScale's lead investor, The Michael Kenwood Group. The firm "misap...

Wednesday Update

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...

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...