The Secretary of Energy’s request that the Blue Ribbon Commission on America’s Nuclear Future not consider Yucca Mountain has been debatable from the beginning. After all, America’s electricity ratepayers have already invested over $10 billion into the repository. And besides that, federal statute clearly states that Yucca Mountain will be the nation’s repository. Whether or not that is the best policy, it is the law. Ignoring this investment and federal statute seemed like bad policy from the start. However, the Nuclear Regulatory Commission changed what seemed to be bad policy …
Testifying before the House Subcommittee on Energy and Water Development last Wednesday, Department of Energy Secretary Steven Chu acknowledged to the committee that he explicitly directed the Blue Ribbon Commission charged with recommending a nuclear waste storage policy to the Obama Administration to strike the Yucca Mountain repository from its purview. This is unfortunate, as considering Yucca would add significant credibility to the recommendation of the Blue Ribbon Commission, which held its first meeting last week. By asking the committee not even to consider Yucca Mountain, the Administration is solidifying …
The way Washington is operating, the fate of nuclear energy may be in trouble in the United States. When something’s unpopular with the American public, the government will find a way to make it move forward. This past weekend’s vote proves to be a pretty good example of that. A recently released Gallup poll shows support for nuclear at an all-time high of 62 percent: “A majority of Americans have typically favored using nuclear power to provide electricity for the United States since Gallup began asking about this topic in …
The debate over nuclear power in recent months has revolved around taxpayer backed loan guarantees for new nuclear projects. Not only has the President announced $8.3 billion in federal loan guarantees for a two-reactor project in Burke County, Georgia, his budget proposal includes tripling the nuclear loan guarantee program from $18.5 billion to over $54 billion. Unfortunately, some groups have used this debate to disguise their anti-nuclear agenda in anti-loan guarantee rhetoric. The basic construct of their argument is that nuclear energy is so risky and so expensive that using …
Dale Klein, Commissioner and former chair of the Nuclear Regulatory Commission (NRC) challenged the premise on which President Obama based his move to withdraw the application to permit the geologic repository at Yucca Mountain. At a conference in Bethesda, Maryland yesterday Commissioner Klein emphasized that it was politics, not science, which led to this decision. Klein said, Frankly, I would have preferred the White House to plainly say that it was implementing a policy change. The president has the right and responsibility to set policy, and clearly, an issue of …
Lost in President Obama’s rhetoric that the science is settled on climate change, the president is willing to shut down Yucca Mountain without scientific justification. Today, the Department of Energy (DOE) filed to withdraw the application for the geologic repository Yucca Mountain that was supposed to begin collecting used fuel in 1998. The Nuclear Waste Policy Act of 1982 set January 31, 1998, as the deadline for the federal government to begin disposing of used fuel. More than a decade after the deadline, the government has still not settled on …
The Heritage Foundation’s stance against expanding subsidies for nuclear energy has once again been manipulated by the anti-nuclear crowd to infer that we are anti-nuclear. This time, Harvey Wasserman on The Huffington Post wrote that Heritage, along with some other groups, believe that nuclear energy is “too expensive to matter.” To be clear: We are not anti-nuclear. The Heritage Foundation has written in study after study over the past three years that we not only believe that nuclear energy can be a critical part of America’s energy future but that …
President Obama announced $8.3 billion in federal loan guarantees today to commence projection construction on two nuclear reactors in Burke County, Georgia. This is good news. Congress has authorized $18.5 billion in loan guarantees for nuclear energy projects under the Energy Policy Act of 2005, which also provided other subsidies for nuclear power to help mitigate the effect of decades of regulatory risk for approximately the first six nuclear reactors built in the U.S. While the administration should be applauded for finally getting this program off the ground and getting …
President Obama reaffirmed his willingness to expand the commercial nuclear energy in the United States when he said in his State of the Union address that we should be “building a new generation of safe, clean nuclear power plants in this country.” He backed it up by including an additional $36 billion in loan guarantees to nuclear energy projects. On top of the $18.5 billion allotted under the Energy Policy Act of 2005 (EPACT 2005), the total amount in loan guarantees now stands at $54.5 billion. Is this good or …
The Department of Energy finally announced the formation of its blue-ribbon commission on nuclear waste. The commission, co-chaired by former Indiana Congressman Lee Hamilton and former National Security Advisor Brent Scowcroft has been charged with reviewing the nation’s nuclear waste policies and providing recommendations for moving forward. If carried out properly, the commission could provide an historic opportunity, helping the U.S. set a new approach for managing its nuclear waste. Despite the broad support that nuclear energy currently enjoys, until the nation comes up with an economically rational and sustainable …
