Skip to main content

What’s Hard to Grasp About Nuclear Energy

nyt_logoThe New York Times addresses nuclear energy as part of it Retro Report video series. The story by Clyde Haberman that accompanies the video fulfills the retro side of the agenda with a look at Three Mile Island, then continues:

Yet American attitudes on nuclear power, as measured by opinion polls, are far from irrevocably negative. As TMI faded in collective memory, the popularity of that energy source has waxed and waned, each rise tempered by a new cause for alarm, notably Chernobyl and Fukushima. Many power plants that had been on the drawing boards before 1979 were built. In the last few years, new ones have been proposed, encouraged by President Obama, who has described nuclear energy as necessary — along with renewable sources like wind and solar — in any plan to wean the country from fossil fuels. The need for swift action would seem greater than ever, given new warnings from a United Nations panel that time is running short for countries to adopt strategies to keep worldwide carbon emissions from reaching intolerable levels.

And the next paragraph begins:

It is hard to grasp how American reliance on nuclear energy could disappear soon, if ever.

This is so judicious that it just seems – well, not like a lot of what one sees online. Most of the video report will come as nothing new to anyone visiting this site, but Haberman’s story is worth close attention. He notes that nuclear energy can frighten people because cultural touchstones – he points to radiation-created monsters like Godzilla and The Amazing Colossal Man – have created a skewed view of it. I think it’s much more complicated than that, but Haberman doesn’t have that much space. It’s okay as far as it can go. Overall, it’s a superb piece.

---

And right on schedule, note this headline form the International Business Times:

U.S. Nuclear Power Plant Closures Impede Climate Goals, According To Research Group

We’ll take a closer look at the report being referenced here later – it’s from the Center for Climate and Energy Solutions aka the Former Pew climate change group. It’s an interesting paper – you can read it here – but for right now, just note the serendipitous collusion between the Times and IBT to figure out the same thing at the same time. May it be a rising tide.

Comments

jimwg said…
Re:
"Haberman’s story is worth close attention. He notes that nuclear energy can frighten people because cultural touchstones – he points to radiation-created monsters like Godzilla and The Amazing Colossal Man – have created a skewed view of it. I think it’s much more complicated than that,"

Haberman "gets it" far more than most realize. It's easy to over-intellectualize the reasons the American public has the willies over nuclear energy, but the answer can often be found in simple places such as the boob tube. Homer Simpson's antics alone creates more anti-nuclear converts per episode than manyfold the pro-nuke sentiments generated in a whole year of current pro-nuclear public education. Conduct your own man-on-the-street interview with questions about nuclear energy and prepare to be shocked silly. More people (Americans at least) sincerely believe in UFOs and faked lunar landings than being told that nuclear power's only killed as many people worldwide in over 50 years as one can pack in one bus or that Fukushima injured no one and only caused local damage. If you're asking WHY this is so, the answer is simple as zero green competition, i.e. zero public challenge and zero retorts to FUD and maligning programming about nuclear power. If the public sees no one prominently standing up for nuclear power or zit positive programming about it, what else are they to assume??

James Greenidge
Queens NY

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...