“The House bill [H.R. 6544] would also extend the Price-Anderson federal accident insurance subsidy, first enacted in 1957 and renewed seven times since then. The program expires at the end of 2025. It isn’t clear why this federal subsidy for nuclear in still needed when the industry insists its new, advanced reactor designs are ‘inherently’ walk-away safe.”
The U.S. nuclear industry in recent days has hit three cherries on the federal money-and-policy slot machine. The open question is whether the largess (some might call it pork) will have the intended results: revitalizing a moribund industry by hitching its wagon to the feverish fear of climate change and long-run animosity toward nuclear rivals China and Russia.
First, the money–the most tangible of the goodies Congress and the White House have doled out.…
Continue ReadingEd. Note: This post excerpts energy and climate material from the Media Balance Newsletter, a free fortnightly published by physicist John Droz Jr., founder of the Alliance for Wise Energy Decisions. The complete Newsletter for this post can be found here.
Unreliables (General):
Report: Green Guardrails
America’s Energy Scam
Green Tyrants Get Horrible News as Finance Giants Pull Out Left and Right
High Costs, Greenlash Hit Europe
Transition? What Transition?
Wind Energy — Offshore:
CFACT says offshore wind violates Clean Air and Clean Water Acts
Renewed push to put wind turbines in Lake Erie gets blowback in Hamburg
Wind Energy — Other:
*** Taking the Wind Out of Climate Change (referencing 60± studies)
*** French Council of State annuls wind turbine permits, major impact on energy future
*** Irish High Court Slams Wind Turbine Operator for Noise “Like planes that Never Land”
Solar Energy:
US Solar Factories Are In for ‘Rude Awakening,’ Report Warns
Fossil-Fuel Energy:
Policymakers are clueless that all energy sources came after the discovery of oil
Electric Vehicles (EVs):
EVs lose market share across Europe in January
Miscellaneous Energy News:
*** Short video: Energy and the Poverty of Nations
*** These 10 Charts Caused an NGO Hissy Fit at NARUC
*** Net Zero Emergency Power
America Is Running Out Of Power, Is Rationing And Soaring Energy Prices Ahead?…
“Respectfully, the future of the Town of Ocean City cannot be bought [by offshore wind interests] and we intend to continue to do what is necessary to protect the interests of our residents, property owners and future generations.” – Mayor Rick Meehan, Ocean City, Maryland
The $2 million bribe was turned down–flatly, by the mayor of Ocean City, Rick Meehan. This “opportunity” spread out over 20 years came with this request from US Wind: “local government officials… [refraining] from making any negative comments or objections.”
Here is the story reported in UtilityDive:
… Continue Reading“In December 2023, I received an email from Jeff Grybowski, Chief Executive Officer for US Wind, offering Ocean City the same opportunity that has been extended to the Delaware Beach Towns,” [Ocean City Mayor] Meehan said. “My response was, ‘Respectfully the future of the Town of Ocean City cannot be bought and we intend to continue to do what is necessary to protect the interests of our residents, property owners and future generations.’”