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Middleboro Review 2

NEW CONTENT MOVED TO MIDDLEBORO REVIEW 2

Toyota

Since the Dilly, Dally, Delay & Stall Law Firms are adding their billable hours, the Toyota U.S.A. and Route 44 Toyota posts have been separated here:

Route 44 Toyota Sold Me A Lemon



Thursday, February 20, 2014

Obama Shills for Nuclear Industry and Cost Overruns at Taxpayer Expense

The Nuclear Industry wined, dined, schmoozed and bought Congress to exempt itself from risks - the taxpayers pick up the cost overruns and the failures.

Why is Obama approving a LOAN GUARANTEE for NUCLEAR when it's more expensive that WIND, SOLAR or other CLEAN ENERGY?

Vogtle is already experiencing cost overruns and no one can control them - included in this summary of articles:

TEPCO reveals record cesium level in Fukushima No. 1 well

 Agency seeks funding to track Vogtle nuclear plant costs 26 Jan 2014 Badly outnumbered regulators in Georgia want to hire two more employees to keep tabs on the 14 billion project to build a first-of-its-kind nuclear plant. Southern Co. subsidiary Georgia Power says its share of the project to build Plant Vogtle is projected to go hundreds of millions of dollars over budget. Its 2.4 million customers will pay for the company's building costs unless regulators force the utility to take losses on questionable spending. Regulators are at a disadvantage when contending with Georgia Power, a monopoly that owns a 46 percent stake in the nuclear plant.


This was posted in 2011 - the cost parity has changed - WIND & SOLAR are now cheaper, as are other CLEAN ENERGY options:

U.S. Nuclear Policy Governed by Lobbyists & Campaign Contributions
 

Nuclear Energy is extremely expensive, riddled with cost overruns and subsidized by U.S. taxpayers.

From a strictly cost/benefit analysis, Nuclear Energy has never made any sense, and that's before we consider the cost of 'waste.'



Consider this -- Nuclear Energy costs
$7,500 per kilowatt to build
That’s more than double the capital costs for solar power and three and a half times the cost for wind.

the most heavily subsidized industry in the energy sector.

In 2005, Congress handed the nuclear power industry $13 billion in federal aid, and two years later went on to approve an additional $20.5 billion in loan guarantees, making U.S. taxpayers the cosigners on loans for new nuclear projects -- half of which are expected to end in defaults.

Wind is already more competitive than electricity generated from new nuclear and coal-fired power plants.
These are just a few of the entries posted about the Failures of the Nuclear Industry, the lack of security, the lack of safety:

Unprotected Nuclear Facility Break Ignored by Corporate Media!

“If unarmed protesters dressed in dark clothing could reach the plant’s core during the cover of dark, it raised questions about the plant’s security against more menacing intruders.”

Sellafield nuclear plant staff told to stay home after 'elevated levels of radioactivity' detected 31 Jan 2014 The Sellafield nuclear plant has been evacuated after "elevated levels of radioactivity" were detected. More than 10,000 non-essential staff have been told to stay at home following problems at the site in Cumbria, which is the biggest nuclear site in the UK. A perimeter alarm was triggered at the north of the site, leading to buildings being checked by safety staff, but it was later discovered the higher than normal levels had occurred "naturally".

The Fukushima Secrecy Syndrome

Scotland's tidal energy potential is greater than a nuclear power plant

The Fukushima Silence

This man wants you to know the truth about Fukushima
 
'Fukushima Fascism' & Elizabeth Warren's Moral Insight
 
....wind energy is now coming in even cheaper than natural gas....
Nuclear Regulation in a Post-Fukushima World
Fukushima - ignored by the media
Plymouth: ....a nuclear waste storage facility
Pilgrim No. 1 in U.S. for shutdowns
Fukushima etc
Radioactivity level spikes 6,500 times at Fukushima well 18 Oct 2013 Radioactivity levels in a well near a storage tank at the Fukushima nuclear power plant in Japan have risen immensely on Thursday, the plant's operator has reported. Officials of the Tokyo Electric Power Company (TEPCO) said on Friday they detected 400,000 becquerels per liter of beta ray-emitting radioactive substances - including strontium - at the site, a level 6,500 times higher than readings taken on Wednesday, NHK World reported. The storage tank leaked over 300 tons of contaminated radioactive water in August, some of which is believed to have found its way into the sea through a ditch.
 

From DEMOCRACYNOW:

U.S. Approves Loan Deal for 1st New Nuclear Power Plant in 30 Years       

The Obama administration has approved $6.5 billion in loan guarantees to back construction of the nation’s first new nuclear power plant in more than 30 years. The Vogtle nuclear plant is currently under construction in Waynesboro, Georgia. The announcement comes as the administration investigates a radioactive leak at a nuclear waste site in New Mexico.


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