Comments on: Nuclear Pork — Enough is Enough http://climateprogress.org/2008/05/09/nuclear-subsidies-enough-is-enough/ The Latest on Climate Science, Solutions, and Politics Sun, 08 Nov 2009 09:55:22 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: msn nickleri http://climateprogress.org/2008/05/09/nuclear-subsidies-enough-is-enough/#comment-26413 msn nickleri Wed, 07 Jan 2009 16:52:50 +0000 http://climateprogress.org/2008/05/09/nuclear-subsidies-enough-is-enough/#comment-26413 Yes, that bit is fair. What’s not fair is direct subsidies for projects and near 100% loan guarantees as they make the economics opaque. Which means we can’t compare economics of different power sources. Which is a bad thing. Yes, that bit is fair. What’s not fair is direct subsidies for projects and near 100% loan guarantees as they make the economics opaque.

Which means we can’t compare economics of different power sources.

Which is a bad thing.

]]> By: Cyril R. http://climateprogress.org/2008/05/09/nuclear-subsidies-enough-is-enough/#comment-18632 Cyril R. Fri, 05 Sep 2008 17:08:25 +0000 http://climateprogress.org/2008/05/09/nuclear-subsidies-enough-is-enough/#comment-18632 Yes, that bit is fair. What's not fair is direct subsidies for projects and near 100% loan guarantees as they make the economics opaque. Which means we can't compare economics of different power sources. Which is a bad thing. Yes, that bit is fair. What’s not fair is direct subsidies for projects and near 100% loan guarantees as they make the economics opaque.

Which means we can’t compare economics of different power sources.

Which is a bad thing.

]]> By: Robert Merkel http://climateprogress.org/2008/05/09/nuclear-subsidies-enough-is-enough/#comment-12632 Robert Merkel Wed, 14 May 2008 09:03:54 +0000 http://climateprogress.org/2008/05/09/nuclear-subsidies-enough-is-enough/#comment-12632 <blockquote>* Authorization of $2 billion in “risk insurance” to pay the industry for any delays in construction and operation licensing for 6 new reactors, including delays due to the Nuclear Regulatory Commission or litigation. The payments would include interest on loans and the difference between the market price and the contractual price of power [Sec. 638]</blockquote> I think this is fair enough, because using litigation to delay construction has been a deliberate tactic of anti-nuclear groups.

* Authorization of $2 billion in “risk insurance” to pay the industry for any delays in construction and operation licensing for 6 new reactors, including delays due to the Nuclear Regulatory Commission or litigation. The payments would include interest on loans and the difference between the market price and the contractual price of power [Sec. 638]

I think this is fair enough, because using litigation to delay construction has been a deliberate tactic of anti-nuclear groups.

]]> By: Vince http://climateprogress.org/2008/05/09/nuclear-subsidies-enough-is-enough/#comment-12377 Vince Sat, 10 May 2008 18:32:01 +0000 http://climateprogress.org/2008/05/09/nuclear-subsidies-enough-is-enough/#comment-12377 It wonderful how well the debit accounting was laid out. But you fail to mention the INCOME the Federal Government get from the Nuclear power Industry that goes directly into the general funds. Since research before the began on the proposed Yuca Mouontian site; our Uncle Sam has been collecting over 660 MILLION dollars for the disposal/storage of spent nuclear fuel/ OF course the government has only spent about 10 mil. The rest they pocket. That is not to mention all the taxes and fees paid by each nuclear power plant to all the various levels of government in the different locations. IF the US government wasnt comming out on top of the equation - Nuclear Power would cease to exist. Thats why the subsidize Airline travel to the extent they do but not the railroads. Where the real rub comes from is the locations the monies come and go to. Take for instance New York - which at the moment appears on the surface to be against their Nuclear Power plants; but look closely at where the state has invested its retirement funds and similar ventures and you will find a huge liabiliaty should the state be sucessfull in shutting down their nuclear power plants - all of which will get passed on to their tax paying voters. Let alone the loss of revenue for the local governments The fact is all the other prospective alternate energy sources do not provide the returns in other places for the Government to truly subsidize them. It wonderful how well the debit accounting was laid out. But you fail to mention the INCOME the Federal Government get from the Nuclear power Industry that goes directly into the general funds.
Since research before the began on the proposed Yuca Mouontian site; our Uncle Sam has been collecting over 660 MILLION dollars for the disposal/storage of spent nuclear fuel/ OF course the government has only spent about 10 mil. The rest they pocket. That is not to mention all the taxes and fees paid by each nuclear power plant to all the various levels of government in the different locations.

IF the US government wasnt comming out on top of the equation – Nuclear Power would cease to exist. Thats why the subsidize Airline travel to the extent they do but not the railroads.

Where the real rub comes from is the locations the monies come and go to. Take for instance New York – which at the moment appears on the surface to be against their Nuclear Power plants; but look closely at where the state has invested its retirement funds and similar ventures and you will find a huge liabiliaty should the state be sucessfull in shutting down their nuclear power plants – all of which will get passed on to their tax paying voters. Let alone the loss of revenue for the local governments

The fact is all the other prospective alternate energy sources do not provide the returns in other places for the Government to truly subsidize them.

]]> By: Eli Rabett http://climateprogress.org/2008/05/09/nuclear-subsidies-enough-is-enough/#comment-12327 Eli Rabett Sat, 10 May 2008 02:27:04 +0000 http://climateprogress.org/2008/05/09/nuclear-subsidies-enough-is-enough/#comment-12327 First world countries have government budgets of 40-50% of GDP including health care and social security. In that huge pot are subsidies for just about everything. You are also comparing apples with pears, when you point out that from 2002 to 2007 fossil fuel electrical generation was supported by $14 billion in subsidies and renewables by $3 billion, one has to ask what was the relative proportion of energy generated?? and so on. First world countries have government budgets of 40-50% of GDP including health care and social security. In that huge pot are subsidies for just about everything. You are also comparing apples with pears, when you point out that from 2002 to 2007 fossil fuel electrical generation was supported by $14 billion in subsidies and renewables by $3 billion, one has to ask what was the relative proportion of energy generated?? and so on.

]]> By: paulm http://climateprogress.org/2008/05/09/nuclear-subsidies-enough-is-enough/#comment-12280 paulm Fri, 09 May 2008 16:23:09 +0000 http://climateprogress.org/2008/05/09/nuclear-subsidies-enough-is-enough/#comment-12280 We are due another nuclear accident/event soon... that will pretty much seal the debate. We are due another nuclear accident/event soon… that will pretty much seal the debate.

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