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US ready to help finance global nuclear power expansion: Bush - 0 views

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    The US is prepared to help other countries develop nuclear energy, including by "assisting with the necessary financing," President Bush told the International Atomic Energy Agency's General Conference in Vienna Monday. Bush's message was delivered as part of more extensive remarks by US Energy Secretary Samuel Bodman, who also said, "We must make the development of a global commercial nuclear infrastructure a priority." Bodman also called on other IAEA member states to establish an international fuel bank that would begin operations by the end of the year. The fuel bank's goal would be to provide an incentive to countries with new nuclear power programs to refrain from pursuing indigenous uranium enrichment programs.
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Nuclear reprocessing is risky and impractical | GreenvilleOnline.com | The Greenville News - 0 views

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    Apowerful bipartisan duo, Rep. James Clyburn and Sen. Lindsey Graham, recently joined forces to support "nuclear reprocessing." We urge these gentlemen to temper their enthusiasm. For the past year, we served on the Governor's Climate, Energy & Commerce Advisory Committee. CECAC represented a wide range of interests, including utilities, industry and banking. CECAC's final report concluded that nuclear energy is an important part of the state's energy future. However, we adopted an extremely cautious position on reprocessing.
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The Hindu: Kazakh groups oppose plan to host nuclear bank - 0 views

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    A dozen activists who planned to protest the Kazakh president's proposal to host an international nuclear fuel bank were detained hours before the demonstration was to start on Tuesday, a spokesman for one of their organizations said. Supporters of an international nuclear repository, including the United States, say it would boost global security by dissuading countries from developing their own fuel-production facilities. Iran's development of uranium-enrichment facilities is seen by critics as a precursor to developing nuclear weapons. President Nursultan Nazarbayev this month offered Kazakhstan as the location for the fuel bank. Under the proposal, Kazakhstan would store and supply nuclear fuel to interested countries under the supervision of the United Nation's International Atomic Energy Agency.
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British Energy to agree £10bn EDF takeover | Business | The Observer - 0 views

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    The board of nuclear generator British Energy is expected to recommend a £10bn takeover bid by French giant EDF within a fortnight. An announcement could be made as early as this week. The remaining rival bidders - German group RWE and Spanish utility Iberdrola, which owns Scottish Power - have not formally withdrawn from the auction. But banking sources said this weekend that it was unlikely that either would now table a firm offer for British Energy, the UK's largest power generator.
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Obama Administration Preparing to Implement Bush/McCain Energy Policy With Taxpayer Bai... - 0 views

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    "Published reports indicate that the Obama Administration will announce on Tuesday, February 16, approval of a "conditional" taxpayer loan guarantee to the Southern Company for construction of two new nuclear reactors at its Vogtle site in Georgia. "If the reports are correct, this would be a repudiation of Obama's own campaign statements against subsidies for nuclear power, and the implementation of the worst energy policy excesses of the Bush Administration and failed presidential candidate Sen. John McCain," said Michael Mariotte, executive director of Nuclear Information and Resource Service, a national organization based in Takoma Park, Maryland. NIRS pointed to a video of then-candidate Obama telling voters on December 30, 2007 that he opposed taxpayer subsidies for nuclear power: www.youtube.com/watch?v=-R52J2D5QQU. During the election campaign, McCain called for construction of 45 new reactors in the U.S. by 2030. "Last time I checked," Mariotte said, "McCain lost the election. It's astonishing that his misguided and rejected energy policies live on. It is safe to say that no one voted for Obama in order to give taxpayer money to wealthy nuclear corporations." The Department of Energy's loan guarantee program for reactor construction was established by Congress at the urging of the Bush administration in 2005. In 2007, Congress authorized the program to provide $18.5 Billion in loan guarantees for new reactors. In late January, President Obama proposed nearly tripling the program to $54 Billion. "Few realize that the DOE's program extends beyond simple guarantees. In some cases at least, the loans will come directly from the taxpayers through the little-known Federal Financing Bank (FFB). Thus the taxpayers will be put in the awkward and highly risky position of both providing billions of dollars in loans to giant nuclear corporations and promising to repay the loans if the companies default," explained Mariotte. "With the Congressional Budget Office pre
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Russia says ready to establish nuclear fuel bank by yearend | Top Russian news and anal... - 0 views

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    "Russia will provide by the end of 2010 the first batch of low-enriched uranium for an international nuclear fuel reserve bank under control of the UN nuclear watchdog, the head of Russia's state-run nuclear power corporation Rosatom said. Russia has earlier proposed to establish international reserves of low-enriched uranium (LEU) to ensure stable fuel supplies to IAEA member countries in case of emergency, including "insurmountable political difficulties." "I believe that the first part of these reserves could be formed by the end of this year," Sergei Kiriyenko said at an international conference on nuclear energy in Paris on Monday. "We want to initially build LEU reserves that would ensure the operation of at least one 1,000 MW reactor," he said. Russia proposed in 2007 the creation of a nuclear center with LEU reserves in Angarsk, 5,100 km (3,170 miles) east of Moscow, to enable countries including Iran to develop civilian nuclear power without having to enrich their own uranium."
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Update: EnergySolutions Moab Project Receives American Recovery and Reinvestment Act Fu... - 0 views

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    EnergySolutions, Inc. (NYSE: ES) announced today that $22.9 million of American Recovery and Reinvestment Act funding has been allocated to the Moab UMTRA project. The total amount of American Recovery and Reinvestment Act funding for the Moab project is $108 million. The funding is being used to accelerate removal of uranium mill tailings away from the banks of the Colorado River. Thus far 160 jobs have been created this year as a result of Recovery Act funding. "We are thrilled that the U.S. Department of Energy (DOE) has allocated sufficient funding to the Moab project to accelerate the cleanup of the site. This is great news for the community and for all who use the Colorado River and Lake Powell," said Steve Creamer, CEO and Chairman of EnergySolutions. The Recovery Act funding is being used to excavate, transport and dispose of additional mill tailings from the Moab site to the Nuclear Regulatory Commission-approved disposal cell at Crescent Junction. This additional work began in June and will continue through September 2011. Additionally, this additional funding supports increasing the size of the disposal cell as well as crushing, transporting, and placing final rock cover on the disposal cell. This portion of the work began in August and continues through September 2011. Sixteen million tons of uranium mill tailings will eventually be relocated 30 miles north of Moab to a location designated by the DOE.
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    EnergySolutions, Inc. (NYSE: ES) announced today that $22.9 million of American Recovery and Reinvestment Act funding has been allocated to the Moab UMTRA project. The total amount of American Recovery and Reinvestment Act funding for the Moab project is $108 million. The funding is being used to accelerate removal of uranium mill tailings away from the banks of the Colorado River. Thus far 160 jobs have been created this year as a result of Recovery Act funding. "We are thrilled that the U.S. Department of Energy (DOE) has allocated sufficient funding to the Moab project to accelerate the cleanup of the site. This is great news for the community and for all who use the Colorado River and Lake Powell," said Steve Creamer, CEO and Chairman of EnergySolutions. The Recovery Act funding is being used to excavate, transport and dispose of additional mill tailings from the Moab site to the Nuclear Regulatory Commission-approved disposal cell at Crescent Junction. This additional work began in June and will continue through September 2011. Additionally, this additional funding supports increasing the size of the disposal cell as well as crushing, transporting, and placing final rock cover on the disposal cell. This portion of the work began in August and continues through September 2011. Sixteen million tons of uranium mill tailings will eventually be relocated 30 miles north of Moab to a location designated by the DOE.
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Report: Dry cask studies 'inadequate' - Brattleboro Reformer - 0 views

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    The Vermont Public Service Board should not have given the OK for the storage of spent nuclear fuel produced by Vermont Yankee on the banks of the Connecticut River, according to a report that was discussed Monday in the Statehouse in Montpelier. Testimony that was given during hearings conducted by the PSB were "affected by insufficient data to have reached a conclusion of acceptability of the site and granting of a permit," stated William Steinhurst, who holds a Ph.D. in geology. Steinhurst presented the report on behalf of Synapse Energy Economics, which hired Prof. Michael Wilson of SUNY-Fredonia to evaluate the geological characteristics of the plant's spent fuel storage site. The Public Service Board issued a certificate of public good in 2006 allowing Entergy, which owns and operates Yankee, to store nuclear waste in dry casks on a concrete pad just to the north of the plant's reactor building.
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    The Vermont Public Service Board should not have given the OK for the storage of spent nuclear fuel produced by Vermont Yankee on the banks of the Connecticut River, according to a report that was discussed Monday in the Statehouse in Montpelier. Testimony that was given during hearings conducted by the PSB were "affected by insufficient data to have reached a conclusion of acceptability of the site and granting of a permit," stated William Steinhurst, who holds a Ph.D. in geology. Steinhurst presented the report on behalf of Synapse Energy Economics, which hired Prof. Michael Wilson of SUNY-Fredonia to evaluate the geological characteristics of the plant's spent fuel storage site. The Public Service Board issued a certificate of public good in 2006 allowing Entergy, which owns and operates Yankee, to store nuclear waste in dry casks on a concrete pad just to the north of the plant's reactor building.
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Guest Column: Reactor a potential health risk - Opinion - (HometownAnnapolis.com) - 0 views

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    Unistar Nuclear Energy is seeking federal approval to build a new nuclear reactor at the Calvert Cliffs plant on the west bank of the Chesapeake Bay, just 45 miles from Washington, D.C., and 55 miles from Baltimore. At 1,600 megawatts, the new reactor would be easily the largest in the United States - and, at $10 billion, perhaps the most expensive. Supporters claim it will go a long way toward meeting future energy needs - and would do so in a "clean" manner.
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The Birth of an International Nuclear Fuel Bank? - Scitizen - 0 views

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    In a speech on 5 April 2009 in Prague, Czech Republic, US President Barack Obama said that his Administration will: negotiate a new strategic arms reduction treaty with Russia this year; immediately and aggressively pursue U.S. ratification of the Comprehensive Test Ban Treaty; seek a new treaty that verifiably ends the production of fissile materials intended for use in nuclear weapons; and seek to build "a new framework for civil nuclear cooperation, including an international fuel bank, so that countries can access peaceful power without increasing the risks of proliferation" (1).
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Nuclear opponents fight $140 billion total nuclear subsidies in Kerry-Lieberman America... - 0 views

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    "Michael Mariotte, Executive Director for the Nuclear Information and Resource Service (NIRS) said today the estimated $140 billion in total for nuclear subsidies in Kerry-Lieberman American Power Act are wrong. The Union of Concerned Scientists released a report July 1, 2010 documenting that the legislation could be worth a total of $140 billion to the nuclear industry. Taxpayers to fund through the Federal Financing bank The NIRS further reported to its members that the House Appropriations Committee may take up a $36 billion increase in nuclear reactor loans for an increase in the construction of new reactors. This is money the NIRS says "would go to some of the wealthiest companies in the world like Electricite de France, Areva, NRG Energy, Toshiba, General Electric, and the like.""
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AllGov - News - Plutonium Cleanup in Washington State Could Take Millennia - 0 views

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    "t's not out of the question that the United States might not be around long enough to see the complete cleanup of its Cold War legacy in Washington State. Not far from the banks of the Columbia River resides the Hanford Nuclear Reservation, once the most important manufacturer of plutonium for America's nuclear arsenal. Today, the 560-square-mile decommissioned facility is teeming with plutonium, one of the most toxic substances on earth (minute particles of it can cause cancer), with a half-life of 24,000 years. The U.S. Department of Energy estimated back in the mid-1990s that Hanford had more than 111,000 kilograms of plutonium to dispose of. A former department official, Robert Alvarez, recently went over old Energy reports and determined that the original math was way off. It turns out that Hanford has three times more plutonium than was calculated in 1996."
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Nuclear question suggests trouble ahead - Business News, Business - Belfasttelegraph.co.uk - 0 views

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    "One accusation frequently levelled at the Labour administration by the Conservatives was that ministers were moving so slowly on developing energy policy that Britain could see the lights go out. In that context, the decision to give energy policy to one of the five Liberal Democrats offered a cabinet seat looks a curious one. There is much on which Chris Huhne and his new Conservative colleagues will agree - the need for a green investment bank, for example, and the refusal to countenance the building of a third runway at Heathrow. On one issue, however, the LibDems and the Tories remain poles apart: the role of nuclear power in the generation of Britain. "
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Should nuclear fuels be taken out of national hands? - science-in-society - 07 January ... - 0 views

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    HOW do you manage a global boom in nuclear power while discouraging weapons proliferation? Uranium and plutonium are most likely to find their way into weapons via the enrichment and reprocessing of fuel for nuclear power plants. If all of the countries now planning to go nuclear also handle their own fuel cycles, the proliferation risk could skyrocket. The answer may be to put the fuel cycle entirely under international control. Many governments, international agencies and arms control experts are calling for the establishment of international fuel banks, and eventually fuel production plants, that would pledge to supply nuclear materials to any country so long as it meets non-proliferation rules. The US already supports the idea, at least for new nuclear powers, and last month the European Union (EU) pledged €25 million towards the first fuel bank. Yet this means countries with new nuclear programmes would have to place control of their fuel supply at least partly in foreign hands. Could it actually work?
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BBC NEWS | Kazakhstan in nuclear bank offer - 0 views

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    Kazakhstan's President Nursultan Nazarbayev has offered to build a nuclear fuel bank on its territory. He made the announcement in a joint press conference with Iranian President Mahmoud Ahmadinejad, who is visiting Kazakhstan. The idea was first proposed by the International Atomic Energy Agency in 2005, and is supported by both the United States and Russia. The US allocated $50m (£33.5m) to the project in 2007.
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S. Idaho county to consider nuclear plant - The Olympian - Olympia, Washington - 0 views

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    Officials in Elmore County plan to meet in February to consider a proposal by developers to build a $4.5 billion nuclear power plant. Alternate Energy Holdings Inc. filed papers in August asking the county to rezone 1,400 acres of farm land and allow room for the 1,600 megawatt facility. County commissioners are scheduled to consider the proposal at a Feb. 11 meeting. The company initially pursued building a plant in Owyhee County, but in April shifted its focus to a site in Elmore County on north bank of the Snake River.
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Site for nuclear plant on hold - 0 views

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    Bruce Power has temporarily withdrawn its application to prepare a site for a nuclear power plant near Peace River, and is now considering a second site. In a letter to the Canadian Nuclear Safety Commission, the nuclear power company says a new site was chosen partly because concerns were raised about an aquifer near the first location. The second site is on the west bank of the Peace River, about 30 kilometres north of the town. The original site is on the northeast shore of Lac Cardinal, about 30 kilometres west of the town. It was selected by Energy Alberta, which Bruce Power bought last March.
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Nuclear industry faces financial winter - The National Newspaper - 0 views

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    The global credit crunch is threatening to clip the wings of the worldwide nuclear renaissance before it has even taken flight, raising serious questions about the UAE's nuclear aspirations. Even before the US subprime mortgage crisis rocked the world's financial institutions, banks perceived financing nuclear plants as a major risk due to soaring costs, Stephen Thomas, a professor of energy policy at Britain's University of Greenwich Business School, told an Abu Dhabi nuclear conference yesterday.
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Moab meeting set on Atlas tailings - Salt Lake Tribune - 0 views

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    Plans to clean up the Atlas tailings pile outside Moab are the subject of a meeting planned Thursday by the U.S. Energy Department. The meeting begins at 6:30 p.m. at Moab's Grand Center, 182 N. 500 West. The public will be updated about what is being done to begin hauling the 16 million tons of tailings and other uranium-ore-processing waste from the banks of the Colorado north of Moab to a newly constructed disposal site 32 miles north at Crescent Junction. - Judy Fahys Advertisement Return to Top
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The Project On Government Oversight (POGO) Blog: Moab Uranium Riding the Rails - 0 views

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    Yesterday, the Department of Energy (DOE) reaffirmed its prior decision to relocate the uranium mill tailings predominantly by rail from Moab, Utah. The tailings will be trained from the banks of the Colorado River 30 miles north to Crescent Junction, Utah. DOE may still consider using truck transport under certain circumstances, but it won't be the primary mode of transportation for the contaminated pile.
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