The real profits in the nuclear racket come from the ability to collect on services not rendered and a product not delivered, or at least not delivered regularly. Because the system backstops the financing of nuclear facilities while also allowing plant operators to pass both real and anticipated costs onto ratepayers, many American taxpayers are poised to pay twice for nuclear power plants that don’t produce power.
Nuclear “Renaissance” Meets Economic Reality, But Who Gets the Bill? |
| By: Gregg Levine Friday February 24, 2012 3:15 pm |
Subsidize This: US Eyes Tariffs on Chinese Solar Panels, But What Gets Protected? |
| By: Gregg Levine Friday February 17, 2012 2:15 pm |
A “level playing field” sounds inherently fair, so why should domestic solar manufacturing have to suffer for the sins of legacy energy production?
NRC Vogtle Reactor Approval Should Blow Lid Off Nuclear Finance Scam |
| By: Gregg Levine Friday February 10, 2012 3:22 pm |
Political activists were rightfully outraged when the Bush administration fought tooth-and-nail to keep the minutes of Vice President Dick Cheney’s energy task force secret. Now, aside from the good people at SACE, who else is working to uncloak an equally secretive–and equally offensive–Obama energy deal?
Nuclear Regulatory Commission Ignores Fukushima, Green-Lights First New Reactors in 34 Years |
| By: Gregg Levine Thursday February 9, 2012 5:46 pm |
The Nuclear Regulatory Commission has granted a construction and operating license to Southern Co. for two reactors to be added to its Plant Vogtle facility in Georgia. The OK is the first granted by the US regulator since 1978.


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