Feb. 13th, 2009

webfarmer: (Default)
Unfortunately the mainstream media doesn't provide much in the way of details as to what's going on and who the players are.  Politico provides a bit on the recent $50 billion federal loan program that was clearly targeted for new nukes even if it was dressed up otherwise. So it was Bennett from Utah who slipped the $50 billion into the package.

The nuclear industry's biggest hurdle is not the enviros but the lousy economics of their systems that the private sector won't support. Nuclear power is socialist power these days. Without the governments of the world propping it up, it would be found in the history books along side the buggy whip and whale oil industries.

Senators, Greens Spar Over Energy Bank - Politico - 13 Feb 09

"But experts were split over whether a clean energy bank would mitigate the nuclear industry’s biggest hurdle: the anti-nuclear lobby.

Sen. Bob Bennett (R-Utah), who inserted the $50 billion loan guarantee proposal into the Senate stimulus package, indicated that he’s eyeing the program as a way to potentially safeguard the nuclear loan allocations from harsh political attacks by environmentalists.

Friends of the Earth ran ads criticizing Bennett’s stimulus provision, dismissing it as nothing more than nuclear pork. And the provision was stricken in the joint House-Senate conference committee.

'The anti-nuclear folks raised a significant attack on the whole program,' Bennett said. 'I’m just hoping it would make it easier for an entity to make decisions on the basis of science rather than political ads.'

Later, some environmental groups are expected to launch a full-blown campaign aimed at keeping nuclear power out of the energy bill.

'We don’t think this program can be fixed,' said Nick Berning, spokesman for Friends of the Earth. 'The reason these programs aren’t getting funded is because the department has safeguards that are kicking in. Nuclear energy doesn’t make any financial sense and has a huge rate of default. Taxpayers will wind up footing the bill if the industry fails.'"
webfarmer: (Default)
Unfortunately the mainstream media doesn't provide much in the way of details as to what's going on and who the players are.  Politico provides a bit on the recent $50 billion federal loan program that was clearly targeted for new nukes even if it was dressed up otherwise. So it was Bennett from Utah who slipped the $50 billion into the package.

The nuclear industry's biggest hurdle is not the enviros but the lousy economics of their systems that the private sector won't support. Nuclear power is socialist power these days. Without the governments of the world propping it up, it would be found in the history books along side the buggy whip and whale oil industries.

Senators, Greens Spar Over Energy Bank - Politico - 13 Feb 09

"But experts were split over whether a clean energy bank would mitigate the nuclear industry’s biggest hurdle: the anti-nuclear lobby.

Sen. Bob Bennett (R-Utah), who inserted the $50 billion loan guarantee proposal into the Senate stimulus package, indicated that he’s eyeing the program as a way to potentially safeguard the nuclear loan allocations from harsh political attacks by environmentalists.

Friends of the Earth ran ads criticizing Bennett’s stimulus provision, dismissing it as nothing more than nuclear pork. And the provision was stricken in the joint House-Senate conference committee.

'The anti-nuclear folks raised a significant attack on the whole program,' Bennett said. 'I’m just hoping it would make it easier for an entity to make decisions on the basis of science rather than political ads.'

Later, some environmental groups are expected to launch a full-blown campaign aimed at keeping nuclear power out of the energy bill.

'We don’t think this program can be fixed,' said Nick Berning, spokesman for Friends of the Earth. 'The reason these programs aren’t getting funded is because the department has safeguards that are kicking in. Nuclear energy doesn’t make any financial sense and has a huge rate of default. Taxpayers will wind up footing the bill if the industry fails.'"

Profile

webfarmer: (Default)
webfarmer

April 2017

S M T W T F S
      1
2345678
9101112131415
16171819202122
23242526272829
30      

Style Credit

Expand Cut Tags

No cut tags
Page generated Sep. 23rd, 2017 07:15 am
Powered by Dreamwidth Studios