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Nuclear Power

The Nuclear Power Rip-Off Billions Lost More Bills Due

By Seanna Adcox for AP News - This week, having spent more than $10 billion, executives with South Carolina Electric & Gas and Santee Cooper acknowledged that all their assumptions were wrong. Worse still: Consumers may have to pay billions more on the rusting remains of two partially-built reactors at the V.C. Summer Nuclear Station north of Columbia. “When we started, there was talk of a nuclear renaissance restarting a whole industry in the U.S.,” said Santee Cooper’s chief financial officer, Jeff Armfield. He was among several executives recommending the project be abandoned. The board of the state-owned utility unanimously agreed at a public meeting Monday. “When we started, there was talk of a nuclear renaissance restarting a whole industry in the U.S.,” said Santee Cooper’s chief financial officer, Jeff Armfield. Most of the 18 nuclear projects pending before the Nuclear Regulatory Commission a decade ago have been aborted or suspended indefinitely. None of the 7 projects the NRC licensed are operational. Only one is still being built, in Georgia, at a cost of $100 million a month. Southern Company financial documents filed Wednesday say the project, slated to cost $14 billion, could cost $25 billion or more if completed.

First Cross Border Anti-Nuclear Action

By the Intermountain West Uranium Summit. ALBUQUERQUE, New Mexico -- Intermountain West Uranium Summit participants are inviting affinity groups everywhere to take part on July 15-16 in our first Cross-Border AntiNuclear Action (CBAN), commemorating the anniversary of the largest radioactive accident in U.S. history and the explosion of the first atomic bomb. Members are holding events in our locales to raise awareness that the entire nuclear industry, from cradle to grave, is one deadly chain. Beginning with extraction of uranium, proceeding to refinement of yellow cake, through transportation on public routes, operation of nuclear power plants, and weapons manufacture, to waste disposal issues, the nuclear process releases lethal radiation to air, land and water. It history is fraught with accidents, illness and threats to life on earth. It must stop before it kills more humans and other living things.

USS Reagan Crew To Sue Japanese Company Over Fukushima Disaster

By Russia Today. A federal appeals court has ruled that members of the US Navy can now, in a US court, pursue their lawsuit which alleges that they were exposed to radiation while providing aid after the nuclear crisis in Fukushima, Japan. On Thursday, the US Ninth Circuit Court of Appeals in San Francisco ruled in favor of the sailors who were exposed to dangerous levels of radiation while providing humanitarian aid after an earthquake destroyed the Fukushima Daiichi Nuclear Power Plant in Japan. 1ussreaganThe ruling allows sailors, who were aboard the ship at the time, to pursue their lawsuit against the state-owned Tokyo Electric Power Company (TEPCO) for misrepresented radiation levels in the surrounding air and water. The lawsuit alleges that TEPCO misled them about the extent of the radiation leak.

The Crash Of Cassini And The Nuclearization Of Space

By Karl Grossman for Counter Punch - Despite protests around the world, the Cassini space probe—containing more deadly plutonium than had ever been used on a space device—was launched 20 years ago. And this past weekend—on Earth Day—the probe and its plutonium were sent crashing into Saturn. The $3.27 billion mission constituted a huge risk. Cassini with its 72.3 pounds of Plutonium-238 fuel was launched on a Titan IV rocket on October 17, 1997 despite several Titan IV rockets having earlier blown up on launch. At a demonstration two weeks before in front of the fence surrounding the pad at Cape Canaveral from which Cassini was to be launched, Dr. Michio Kaku, professor of theoretical physics at the City University of New York, warned of widespread regional damage if this Titan IV lofting Cassini exploded on launch. Winds could carry the plutonium “into Disney World, University City, into the citrus industry and destroy the economy of central Florida,” he declared. Four months before, at an earlier demonstration at the same site, Allan Kohn, a NASA career official from 1964 to 1994 who had been the emergency preparedness officer at the Kennedy Space Center...

Protests Against Fracking Plant Replacing Indian Point Nuclear Plant

By Becca Tucker for Dirt - Not if you live across the Hudson River. As Indian Point prepares to power down in affluent Westchester County, NY, protesters are marching weekly at the site of a brand new power plant under construction 30 miles to the northwest, in working class Orange County, NY. The CPV Valley Energy Center, if it goes online, will burn fracked gas piped in from Pennsylvania, releasing emissions that pose many of the same health risks that fracking does. “You can’t trade poisons and trade victims and call it an environmental victory,” said Pramilla Malick, a mother and neighbor of the power plant, whose arrest for blocking the CPV construction site launched her into politics.

Toshiba: A Big Business Failure In The Nuclear Industry

By Staff of The Japan Times - Toshiba Corp. will cease taking orders related to the building of nuclear power stations, sources said Saturday, in a move that would effectively mark its withdrawal from the nuclear plant construction business. The news comes amid reports Toshiba’s chairman may resign over the massive write-down that has doomed the company’s U.S. nuclear business. The multinational conglomerate said Friday it will review its nuclear operations and spin off its chip business to raise funds in a bid to cover an expected asset impairment loss of up to ¥700 billion ($6.08 billion).

Time And Money Run Out For Nuclear Revival

By Paul Brown for Climate News Network - LONDON, 11 January, 2017 – The prospects for expansion of the nuclear industry worldwide look worse in 2017 than at any time since the first atom stations were built in the 1950s. Toshiba, the giant Japanese company that owns the American reactor designer Westinghouse, is the latest company to face financial difficulties due to unforeseen cost overruns and delays that run into billions of dollars. Westinghouse Electric’s troubles began after it bought construction contractor CB&I Stone & Webster and then had to write down the value of the acquisition by billions of dollars because of problems with building four new reactors for US utilities.

Indian Point Nuclear Power Plant Will Fully Shut Down By Summer 2021

By Jen Chung for Gothamist - After previously denying there was an agreement in place, Governor Cuomo has officially announced that the Indian Point nuclear power plant will close by 2021. In a statement, he said, "For 15 years, I have been deeply concerned by the continuing safety violations at Indian Point, especially given its location in the largest and most densely populated metropolitan region in the country. "I am proud to have secured this agreement with Entergy to responsibly close the facility 14 years ahead of schedule to protect the safety of all New Yorkers," Cuomo continued. "This administration has been aggressively pursuing and incentivizing the development of clean

Protesters In Taiwan Rally Against Nuclear Power

By I-fan Lin for Global Voices - Major cities across Taiwan recently witnessed mass demonstrations advocating for renewable energy policy and the decommissioning of the country's nuclear power stations. On March 14, as many as 45,000 people protested against the plan of the state-owned Taiwan Power Company for sending abroad 1,200 highly radioactive used fuel rods from the island’s first and second nuclear plants. Reprocessing of these sent fuel rods would extend the service lives of the plants, which are scheduled to go out of service in the next six years.

Achieving A Nuclear Free World

By Staff of RT - One doesn’t need nukes to attack a nuclear power plant, says Alice Slater from the Nuclear Age Peace Foundation. A simple explosive device might cause a Chernobyl or Fukushima situation in different parts of the world, she added. The US is holding a Nuclear Security Summit in Washington. Nuclear terrorism is topping the list of concerns. More than 50 delegates are attending the event. However, the main nuclear power Russia is not taking part in the summit.

Pilgrim Critics Offer Their Take On The Pending Plant Closure

By Frank Mand for Plymouth - PLYMOUTH – To understand the decommissioning strategies that critics of the Pilgrim Nuclear Power Station favor you should probably begin with the question of trust. They still don’t trust plant owner Entergy to do the right thing. In regards to Entergy’s eventual selection of one of three available decommissioning options (DECON, SAFSTOR or ENTOMB), and the use of hundreds of millions of dollars of decommissioning funds, the experts assembled by Pilgrim Coalition for this week’s “informational forum” suggested that Entergy had only one overriding concern: money.

Newsletter: The Times Are A-Changing

By Kevin Zeese and Margaret Flowers. Sometimes, when in the midst of transformational change, it is difficult to recognize that it is happening. We are in a transformational moment now. The new political culture that erupted with the occupy movement in 2011, but which has roots going back decades, and its evolution into activism on key fronts of struggle such as wages, racism, trade, militarism, capitalism and other issues, has grown to be so impactful that it is fracturing the two corporate political parties. A lot of change is occurring on many fronts. That should encourage all of us to keep building the movement of movements so we can create the transformation we need.

Miami’s Oceanfront Nuclear Power Plant Is Leaking

By Rob Wile for Fusion - What is arguably America’s least-well-placed nuclear power plant is leaking radiation into the sea. The University of Miami has found that the Turkey Point Nuclear Power Plant, located just south of Miami, has caused levels of tritium, a radioactive isotope, in Biscayne Bay to spike to 200-times higher than normal levels. “This is one of several things we were very worried about,” South Miami Mayor Philip Stoddard, who is also a biological sciences professor at Florida International University, told the Miami New Times.

Nuclear Industry Prices Itself Out Of Market For New Power Plants

By Joe Romm for Think Progress - In the modern era, nuclear power plants have almost always become more and more expensive over time. They have a “negative learning curve” — along with massive delays and cost overruns in market economies. This is confirmed both by recent studies and by the ongoing cost escalations of nuclear plants around the world, as I’ll detail in this post. In the United States, the cost of Georgia Power’s newest twin Vogtle reactors may top initial estimates of $14 billion and reach $21 billion, according to recent Georgia Public Service Commission testimony.

5 Years Later, TEPCO Admits It Lied About Meltdown

By Enviro News World News. Fukushima Prefecture, Japan — EDITORIAL: THE TRUTH: Tokyo Electric Power Company (TEPCO) knew within hours following the 3/11/11 tsunami that a full-scale, multi-reactor nuclear meltdown was underway. THE LIE: TEPCO waited nearly two months to inform the public. Those were the staggering admissions handed down to the media in a press release published by TEPCO on February 24, 2016. Of course, for many people on the inside track with Fukushima Daiichi news, this came as no surprise at all. TEPCO admitted it was aware of the meltdowns from the inception and apologized, saying a declaration should have been made to the public. Despite the admissions of wrong-doing in the press release, on the other hand, TEPCO says it didn’t break the law, and did what was required when it reported the meltdowns to the Japanese Government within three days.

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