McCain on the U.S.-India Nuclear Agreement

The McCain campaign press office has just released this statement,

"Yesterday, the U.S. Congress passed legislation clearing the way for the U.S.-India Civil-Nuclear Agreement to come into force. Governor Palin and I congratulate the Congress on moving this important legislation forward. India has been a responsible democracy and this agreement allows it to become further integrated into the global effort to control proliferation of dangerous technologies. The agreement will also allow the U.S. and India to cooperate in taking maximum advantage of new technologies that can provide energy without relying on greenhouse gas-emitting fossil fuels.

"Our friendship with India is rooted in the norms and values we hold in common with the great democracies of Asia. Indian Prime Minister Singh has called liberal democracy 'the natural order of social and political organization in today's world.' When Governor Palin met with Prime Minister Singh in New York last week, they once again reaffirmed the shared values that are the bedrock for the prosperity and stability we all desire. They also stressed their commitment to moving forward on the civil nuclear accord as part of a deepening of our relations. During the Senate's previous consideration of this important legislation, Senator Obama supported efforts that would have killed this accord. His own running mate, Senator Joe Biden, described one of the provisions Senator Obama voted for as a 'deal breaker.' We took a different approach: I wanted to make the deal, not break it, and I have supported the US-India Civil Nuclear Accord from the beginning. Accordingly, yesterday's Congressional action is welcome."

Comments

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

An Ohio School Board Is Working to Save Nuclear Plants

Ohio faces a decision soon about its two nuclear reactors, Davis-Besse and Perry, and on Wednesday, neighbors of one of those plants issued a cry for help. The reactors’ problem is that the price of electricity they sell on the high-voltage grid is depressed, mostly because of a surplus of natural gas. And the reactors do not get any revenue for the other benefits they provide. Some of those benefits are regional – emissions-free electricity, reliability with months of fuel on-site, and diversity in case of problems or price spikes with gas or coal, state and federal payroll taxes, and national economic stimulus as the plants buy fuel, supplies and services. Some of the benefits are highly localized, including employment and property taxes. One locality is already feeling the pinch: Oak Harbor on Lake Erie, home to Davis-Besse. The town has a middle school in a building that is 106 years old, and an elementary school from the 1950s, and on May 2 was scheduled to have a referendu

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

NEI Nuclear Notes

Search This Blog