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Energy Net

Nuclear power is dangerous and too expensive to build | Delawareonline.com | The News Journal - 0 views

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    A recent letter advocated more nuclear power plants. There are too many problems with this technology. First, companies will not build nuclear power plants without the protection of the Price-Anderson Act which provides taxpayer compensation in case of an accident since no company in the world will insure them. Price-Anderson, however, only provides $500 million when the latest government report, states that depending on the severity of the accident, damages could run in the billions. Second, after 50 years of operation there is still the waste problem. Energy Secretary Steven Chu appeared before the House lawmakers on June 3 and declared the planned Yucca Mountain repository "dead." More than $9 billion have been invested developing this waste dump, which caused one lawmaker to say: "We got a mighty expensive dinosaur sitting there." This waste, which is lethal for thousands of years, now stays on site in fuel pools and dry casts for future generations to worry about. Minimum morality would demand that we, at least, stop producing it. Estimates as to the cost of this "eventual cleanup" are incalculable. Still the proponents declare nuclear as cheap energy. Third, uranium, like oil, is a finite fuel. Reprocessing, the separation of plutonium which can then again be used as fuel, was discontinued by the United States nearly three decades ago on nonproliferation grounds. Fourth, since 2005, cost estimates for building a new nuclear reactor have more then tripled. Nuclear energy, once declared to be "too cheap to meter," is now too expensive to pursue. Frieda Berryhill, Wilmington
Energy Net

PDF: IEER: Civil Liability for Nuclear Claims Bill, 2010: is life cheap in India? - 0 views

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    President, Institute for Energy and Environmental Research Before the Indian Parliament votes on limiting the liability of nuclear operators due to accidents, it should carefully consider the much higher limits that the United States has set for itself about $11 billion per incident industry maximum (under the Price-Anderson Act). The liability of the operator of the plant would be just Rs. 500 crores, about $110 million, which is just one percent of the U.S. limit, and about $450 million per accident. The proposed law allows an adjustment of this upwards or downwards to a possible lower limit of just Rs. 300 crores, or about $65 million. But more than that, Parliament should consider that the actual damages could be far greater than the U.S. liability limit. A 1997 study by the U.S. governments own Brookhaven National Laboratory, on Long Island, New York, found that the severe spent fuel pool accidents could result in damages from somewhat under $1 billion of up to $566 billion, depending on a how full and hot the pool is at the time of the accident and the intensity of the postulated fire. The high-end figure would amount to over $700 billion in 2009 dollars. Vast amounts of land --- up to about 7,000 square kilometers in the worst case would have to be condemned. Large numbers of people would have to be evacuated. Further, the maximum estimated monetary damages do not take into account some critical elements. For instance, the Brookhaven amount does not include excess cancer deaths, estimated to range from 1,500 to more than 100,000. Worst case nuclear reactor accident cancers and condemned area were estimated to be generally comparable to the upper end of the spent fuel accident estimates.
Energy Net

IEEE Spectrum: BP. Bhopal, Chernobyl - 0 views

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    "Writing in a recent issue of the Philadelphia Inquirer, Madhusree Mukerjee wonders why, at a time President Obama is demanding that BP fully compensate Americans for the Gulf disaster, his administration is simultaneously "leaning on the Indian government to render its citizens unable to claim damages from U.S. power-plant suppliers in the event of a nuclear accident." Pursuant to the controversial nuclear commerce deal that the Bush administration negotiated with India, the United States would like India to adopt nuclear liability limits analogous to those in the U.S. Price Anderson Act, which caps corporate liability for a U.S. nuclear accident at $11 billion. A proposed Indian law would limit corporate liability in that country to $110 million."
Energy Net

Albert Lea Tribune | Nuclear power plants are not the way to go - 0 views

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    The post-World War II Atoms for Peace program failed to convince the electric utilities to invest in nuclear power. Insurance companies would only cover $250 million of potential damages from an accident. The government brought the utilities cooperation with the Price-Anderson Act requiring each atomic plant to buy the maximum commercial insurance and provided a second level of coverage from a pool funded by a potential assessment of up to $10 million against each plant. Under the protection of this act about 109 nuclear plants were built, and licensed for 30 years. The act limited the industries liability to $10 billion with the public to absorb anything over that amount.
Energy Net

Department of Energy - DOE Cites Bechtel National Inc. for Price-Anderson Violations - 0 views

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    The U.S. Department of Energy (DOE) today issued a Preliminary Notice of Violation (PNOV) to Bechtel National, Inc. (BNI) for nuclear safety violations at DOE's Hanford Site near Richland, Washington. BNI is the contractor responsible for the design and construction of the Waste Treatment and Immobilization Plant (WTP) at the Hanford Site in southeast Washington State.
Energy Net

Department of Energy - DOE Cites Bechtel National Inc. for Price-Anderson Violations - 0 views

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    The U.S. Department of Energy (DOE) today issued a Preliminary Notice of Violation (PNOV) to Bechtel National, Inc. (BNI) for a nuclear safety violation at DOE's Hanford Site near Richland, Washington. BNI is the contractor responsible for the design and construction of the Waste Treatment and Immobilization Plant (WTP) at the Hanford Site in southeast Washington State.
Energy Net

The Free Press -- No nukes! Challenge Sen. Voinovich's Pro-Nuclear Stance - 0 views

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    Senator Voinovich brags that he introduced 2002 legislation that continued the Price Anderson indemnity for the nuclear power industry, thus allowing further nuclear power development. The Nuclear team of the Ohio Sierra Club is organizing a rally to challenge Senator George Voinovich's support for the expansion of nuclear power in Ohio. At a time when Ohioans are already reeling from multiple economic blows and environmental devastation, a ramping up of nuclear power will only leave the state with more contamination, more sickness and more debt. Like others in the pro-nuclear lobby, Voinovich has tried pasting a happy face on nuclear power by claiming that nukes are "clean, green, safe and cheap" and that they offer a solution to the global climate crisis. But the truth lies in the opposite direction.
Energy Net

Tamminen: The Nuclear Fig Leaf is Falling - CNBC - 0 views

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    "Raise your hand if US taxpayers are responsible to pay for the most expensive mistakes you make in your business. Chances are, the only hands that just went up are attached to nuclear power executives and, if that unfair advantage were removed we would see the end of nuclear power in this country. Nuclear Power Plant The five decades old Price-Anderson Act sets a cap on liability by power plants and their insurers for damages arising from nuclear accidents. After $300 million in damages are paid by insurance, the US taxpayer takes over to address catastrophic liabilities, including cleanups, property damage, health care, and lives lost. Including some other payments made into accident funds, the utility industry is on the hook for no more than $10 billion for all accidents that could ever occur at all nuclear plants in the nation. Raise your hand if you think just one major accident would result in far more damage claims than that. In England, the system works about the same, with each nuclear plant responsible for no more than £140 million and similar systems exist in Europe, Japan, and Canada. "
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