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Georgia Leader Beats Drum for Nuclear Energy
Posted By Jack Spencer On July 29, 2013 @ 4:36 pm In Energy | Comments Disabled
Georgia is riding a wave of new nuclear energy that, five years ago, many thought would be more crowded by now.
Georgia Public Services Commissioner Tim Echols , a champion  of using market forces to help solve our nuclear waste problems, has seen firsthand how important getting nuclear energy policy right matters. While Georgia has benefited from the hundreds of jobs created by constructing and operating commercial nuclear plants and the affordable baseload energy they supply, his travels  to Germany have showed how rising energy prices—due, at least partially, to moving away from nuclear energy—are pushing major companies away.
In the wake of the 2011 Fukushima accident in Japan, the German government put the country on track to eliminate nuclear energy and replace it with more expensive and heavily subsidized renewable projects. This has meant higher electricity prices  and fewer jobs. Several large companies have relocated or opened new factories  in America, where electricity prices have been much more attractive for business.
The United States is far from the situation in Germany. But if America is going to get nuclear right, some basic things about how the government regulates the industry needs to change , starting first with how nuclear waste is managed:
So long as the federal government proves to be a barrier for nuclear waste management, growth and innovation in the nuclear industry will be stunted. In order for states such as Georgia to keep benefiting from nuclear energy (and the jobs and inexpensive energy that come with it), the federal government needs to get its act together.
Article printed from The Foundry: Conservative Policy News from The Heritage Foundation: http://blog.heritage.org
URL to article: http://blog.heritage.org/2013/07/29/georgia-psc-echols-beats-drum-for-nuclear-energy/
URLs in this post:
 Image: http://blog.heritage.org/wp-content/uploads/nuclear-plans.jpg
 Tim Echols: http://www.nucleartownhall.com/blog/commissioner-tim-echols-ga-psc-why-nuclear-matters/
 champion: http://blog.heritage.org/2012/02/06/georgia-commissioner-seeks-reforms-for-nuclear-waste-management/
 has meant higher electricity prices: http://www.spiegel.de/international/germany/germany-s-nuclear-phase-out-brings-unexpected-costs-to-consumers-a-837007.html
 relocated or opened new factories: http://www.commercialappeal.com/news/2013/apr/22/low-us-energy-prices-bring-flood-of-foreign/?CID=happeningnow
 some basic things about how the government regulates the industry needs to change: http://www.heritage.org/research/reports/2013/03/nuclear-waste-management-minimum-requirements-for-reforms-and-legislation
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