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Tuesday
Jun152010

As Gulf wildlife dies in oil catastrophe, Obama's call for "clean energy" masks push for taxpayer-backed atomic expansion

Although President Barack Obama did not say the words "nuclear power" in his first ever Oval Office address to the nation on June 15th, his call for an accelerated "transition to clean energy" in response to the worst environmental catastrophe in U.S. history -- the worsening oil catastrophe in the Gulf of Mexico -- represents a tacit push for the expansion of atomic energy. This would only take place by transferring the financial risks and even direct costs (not to mention the radiological risks) squarely on the backs of taxpayers. Obama said "Last year, the House of Representatives acted on these principles by passing a strong and comprehensive energy and climate bill –- a bill that finally makes clean energy the profitable kind of energy for America’s businesses." He failed to mention that the 2009 Waxman-Markey climate-energy bill would carve out up to 30% of federal "Clean Energy Deployment Administration" funding and support -- loan guarantees, outright loans, and other subsidies -- for new atomic reactors and other nuclear facilities such as uranium enrichment plants. Obama also failed to mention that the Kerry-Lieberman "climate" bill in the Senate -- more of a dirty energy subsidy bill, including, ironically, support for expanded offshore oil drilling -- contains a long list of taxpayer giveaways to the nuclear power industry, as revealed in analyses by the Natural Resources Defense Council and Physicians for Social Responsibility. The Kerry-Lieberman bill would include the $36 billion expansion of the nuclear loan guarantee program funding requested from Congress by Energy Secretary Chu for the Fiscal Year 2011 budget, $9 billion of which the Obama administration is trying to rush onto the Fiscal Year 2010 budget by attaching a rider onto the emergency supplemental war funding and disaster relief bill currently before the U.S. House Appropriations Committee. Also not mentioned in Obama's speech was the Bingaman energy bill, passed by the Senate Energy and Natural Resources Committee last summer: its version of the federal "Clean Energy Deployment Administration" is significantly worse than the House version, allowing for unlimited loan guarantees for nuclear power, without congressional oversight -- granting the Department of Energy veritable blank check writing authority for the nuclear relapse. Contact the White House comment line at (202) 456-1111, or fill out its web form at http://www.whitehouse.gov/contact; urge President Obama to stop seeking to expand atomic energy at taxpayer risk and expense.