Skip to main content

A Few Words from Steven Chu

While President Obama pulled duty in New Orleans the other day, as we reported in the post below, Department of Energy Secretary Steven Chu is in Paris speaking to a meeting of the International Energy Agency. You can decide who pulled the better duty.

Chu and the energy ministers are all jockeying for position during the run up to Copenhagen. But this Bloomberg article shows him pushing nuclear energy in a notably “aggressive” way.

The U.S. government will announce loan guarantees for nuclear plants “very soon,” Chu said. “Nuclear power is an important part of what the U.S. has to do to reduce emissions.”

The U.S. is “working aggressively to restart the nuclear industry,” he said. “I believe the nuclear waste problem is solvable on a scientific level and a political level.”

We’ll be waiting for those announcements – we do think more loan guarantees will get that aggressive work going even more aggressively, but that may wait to be done in the Senate climate change bill.

Good words, as always, from Chu, though. With loan guarantees and the long-awaited Blue Ribbon commission on used nuclear fuel coming, 2010 looks to be an interest year for our friend the atom.


Anonymous said…
I wish someone would attach a rider or earmark to some federal legislation to ban the word "soon" from the vocabulary of bureaucrats. I'm so sick of hearing "soon" and then nothing happening. The last "soon" we heard was about this "blue ribbon commission" that was supposed to pick of the ball from Obama's trahsing of Yucca Mountain. How "soon" is that "soon" going to be? Soon, I guess.
Anonymous said…
Chu is doing better on the loan guarantee schedule than he is on the waste "Blue Ribbon Commission". The BRC only rated a "soon", but the loan guarantee announcement is "VERY soon" (emphasis added). Now, if he can only get to "VERY VERY REEEEEAL SOON" he really have something.
bruce said…
Where did Obama say he was in favor of reprocessing?

This blue ribbon panel is absurd, Yucca is dead and reprocessing review was canceled by the Obama administration. What conclusion is this panel going to reach - launch it into the sun?
Anonymous said…
Anyone with any experience with a "Blue Ribbon Commission" knows that their product is one thing: Vaporware. Their purpose is one thing: Political Cover.

You need to understand the history of who we are dealing with here. This is just Obama's way of voting "present" on the nuclear waste issue. It's cowardice, not leadership.
bruce said…
Obama has taken leadership on the nuclear waste issue, he shut down Yucca mountain. That's leadership.

Not the kind of leadership you people wanted, of course. But yeah, the blue ribbon commission not going to change anything about his stance, it's just designed to get intermittent support from people like you.
john said…
I wish someone would attach a rider or earmark to some federal legislation to ban the word "soon" from the vocabulary of bureaucrats.

- loan modification tips should do nively

Popular posts from this blog

A Billion Miles Under Nuclear Energy (Updated)

And the winner is…Cassini-Huygens, in triple overtime.

The spaceship conceived in 1982 and launched fifteen years later, will crash into Saturn on September 15, after a mission of 19 years and 355 days, powered by the audacity and technical prowess of scientists and engineers from 17 different countries, and 72 pounds of plutonium.

The mission was so successful that it was extended three times; it was intended to last only until 2008.

Since April, the ship has been continuing to orbit Saturn, swinging through the 1,500-mile gap between the planet and its rings, an area not previously explored. This is a good maneuver for a spaceship nearing the end of its mission, since colliding with a rock could end things early.

Cassini will dive a little deeper and plunge toward Saturn’s surface, where it will transmit data until it burns up in the planet’s atmosphere. The radio signal will arrive here early Friday morning, Eastern time. A NASA video explains.

In the years since Cassini has launc…

Sneak Peek

There's an invisible force powering and propelling our way of life.
It's all around us. You can't feel it. Smell it. Or taste it.
But it's there all the same. And if you look close enough, you can see all the amazing and wondrous things it does.
It not only powers our cities and towns.
And all the high-tech things we love.
It gives us the power to invent.
To explore.
To discover.
To create advanced technologies.
This invisible force creates jobs out of thin air.
It adds billions to our economy.
It's on even when we're not.
And stays on no matter what Mother Nature throws at it.
This invisible force takes us to the outer reaches of outer space.
And to the very depths of our oceans.
It brings us together. And it makes us better.
And most importantly, it has the power to do all this in our lifetime while barely leaving a trace.
Some people might say it's kind of unbelievable.
They wonder, what is this new power that does all these extraordinary things?

Missing the Point about Pennsylvania’s Nuclear Plants

A group that includes oil and gas companies in Pennsylvania released a study on Monday that argues that twenty years ago, planners underestimated the value of nuclear plants in the electricity market. According to the group, that means the state should now let the plants close.


The question confronting the state now isn’t what the companies that owned the reactors at the time of de-regulation got or didn’t get. It’s not a question of whether they were profitable in the '80s, '90s and '00s. It’s about now. Business works by looking at the present and making projections about the future.

Is losing the nuclear plants what’s best for the state going forward?

Pennsylvania needs clean air. It needs jobs. And it needs protection against over-reliance on a single fuel source.

What the reactors need is recognition of all the value they provide. The electricity market is depressed, and if electricity is treated as a simple commodity, with no regard for its benefit to clean air o…