Energy Bill Boosts Nuke Plant Construction
Posted on: Sunday, 24 July 2005, 21:00 CDT
A House-Senate conference committee is negotiating a U.S. energy bill that includes several proposals to boost nuclear power plant construction.
The proposals call for taxpayers to share the cost of licensing the first generation of new plants, offer loan guarantees and set caps on industry liability in case of an accident, the Washington Post reported Sunday.
In addition, the White House wants to protect investors against regulatory delays by defraying the cost of some delays. Some proposals would give the nuclear industry protection against fluctuations in the price of electricity.
Nuclear power advocates say nuclear power would cut the country's dependence on foreign oil, may seem more attractive as oil prices increase and cut the production of greenhouse gases that can cause global warming.
Nuclear power opponents say putting the burden of nuclear power liability and licensing on the taxpayer as well as the heightened security concerns make it uneconomical.
In addition, the risk for long-term high-level nuclear waste storage and the lack of a permanent disposal site, make nuclear power as unattractive as global warming, according to Anna Aurilio, U.S. Public Interest Research Group.
Source: United Press International
Related Articles
- CEZ Requests EIA of Proposed Temelin Nuclear Power Plant Completion
- Electrabel Not to Pay Belgian Nuclear Power Tax
- Alternate Energy Holdings' Proposed Nuclear Power Plant Poised to Provide Power for Idaho and US West
- Texas Moves Toward Carbon Free Energy, Reflecting ''Climate Change'' for Nuclear; World Energy Author Assesses the Role of Nuclear Power
- Iran did not reply to major powers' proposal: US
- Equal Access Enshrined in Russian Nuclear Centers Proposal - Putin
- MRO Software's Maximo Enables Daya Bay Nuclear Power Station to Improve Its Information Management Efficiency
- We're Bullish on Nuclear Power
- India Building 8 More Nuclear Power Reactors
- Southern Co. Likely to Locate Nuclear Power Plant on Waynesboro, Ga.-Area Site
 |
 |
User Comments (0)
RSS Feeds