BEYOND NUCLEAR PUBLICATIONS

Search
JOIN OUR NETWORK

     

     

DonateNow

 

 

Nuclear Costs

Estimates for new reactor construction costs continue to sky-rocket. Conservative estimates range between $6 and $12 billion per reactor but Standard & Poor's predicts a continued rise. The nuclear power industry is lobbying for heavy federal subsidization including unlimited loan guarantees but the Congressional Budget Office predicts the risk of default will be well over 50 percent, leaving taxpayers to foot the bill. Beyond Nuclear opposes taxpayer and ratepayer subsidies for the nuclear energy industry.

.................................................................................................................................................................................................................

Sunday
May232010

EESI briefing on Hill warns of financial and proliferation risks of nuclear power expansion

Victoria Stulgis, graduate intern for Scott Sklar of the Stella Group, Ltd. (http://www.thestellagroupltd.com/) compiled a summary of an EESI (Environmental and Energy Study Institute, http://www.eesi.org/) briefing on Capitol Hill regarding “Nuclear Power and Proliferation Challenges” held May 20, 2010. The briefing featured Mark Cooper and Peter Bradford of Vermont Law School on financial risks, and Alex Glaser of Princeton Univeristy on nuclear weapons proliferation risks.

Saturday
May222010

"Nuclear Socialism"

Dr. Bob Allen, a professor of chemistry at Arkansas Tech University, writes in an op-ed published in Arkansas's Courier News that the entire history of nuclear power in the U.S., from federal R&D subsidies to catastrophic accident liability coverage provided by taxpayers, represents "European Style Socialism." He concludes that "Nuclear power may have a future, but only with a massive federal bureaucracy to control it and massive taxpayer subsidization to sustain it. This is definitely not a prescription for limited government and low taxes..."

Saturday
May222010

"Nuclear Expansion is a Proven Market Failure"

An op-ed with this title was penned by Mark Cooper, senior fellow at the Institute for Energy and the Environment at Vermont Law School, and Nancy Young Wright, an Arizona state representative (D-District 26) and was published in Arizona's American Forum.

Friday
May212010

TCS to Feds: "War Spending Bill is No Place for More Nuclear Loan Guarantees"

Taxpayers for Common Sense (TCS) has objected to the Obama administration and congressional Democratic leaders agreeing to add energy loan guarantees -- including to support the building of new atomic reators -- on the emergency supplemental war spending bill. TCS stated "The emergency spending bill is supposed to address urgent, unforeseen war and disaster related items - adding risky loan guarantees for projects that won’t be built for years is little more than a cynical political ploy to jam it through Congress without adequate scrutiny."

Friday
May212010

Industry leader Exelon admits new reactor construction un-economic

National Geographic, in an article entitled "New Nuclear Energy Grapples With Costs: Exelon Sees Weak Market, Others Think Climate Concerns Will Propel Industry," quotes Exelon CEO John Rowe that he plans no new reactors in the foreseeable future given their economic un-competitiveness.