
ATLANTA (2/16/10) ~ The “Nuclear Renaissance” promoted by Bush’s last administration reached a controversial milestone today with President Obama and Energy Secretary Chu’s much-anticipated announcement that $8.3 billion in tax-funded loan guarantees will be granted to Southern Company to construct two new reactors in Georgia. The reactors are proposed in addition to the two reactors already at Plant Vogtle in Burke County on the Savannah River near Augusta. Southern Company has not said that it will take the deal. Loan guarantee details were worked out in closed-door meetings between the U.S. Department of Energy and privately-owned electricity giant Southern Company.
Glenn Carroll, coordinator of Georgia-based environmental group Nuclear Watch South expressed dismay about the nuclear loan guarantees announcement. “It is a giant radioactive rip-off for Georgians and the U.S. taxpayers to promise our money for nuclear reactors. Radioactive risk and radioactive waste are the only promises that nukes can be counted on to keep.”
Despite Obama's announcement, Southern Company will not qualify to receive the tax-funded loans until it obtains a license to build the reactors from the U.S. Nuclear Regulatory Commission (NRC). The license is opposed by several environmental groups. Southern Company has resisted using union labor, a possible loan guarantee condition which may drive up already high estimates for the reactors. The loan guarantees are also contingent upon NRC approval for the Vogtle reactor design. A generic license for the Westinghouse “AP 1000” reactor design which Southern Company proposes for the Vogtle site is being questioned by the NRC over safety concerns. The Westinghouse design has downgraded the typical robust concrete “containment building” to a much less substantial “shield building” made from stacked concrete blocks.
The new nuclear reactors are part of a federal energy legislation package which attempts to address climate change. There are hopeful trends which may yet offset the need for new reactors which take many years to license and construct. Energy Department figures from the third quarter 2009 saw renewables surpass nuclear’s contribution to the total energy picture for the first time. The American Wind Energy Association reports that close to 10,000 Mw of new wind power joined the grid in 2009 — that's ALOT of clean power especially when you consider it would take the better part of a decade to install new nuclear energy. In addition, U.S. energy consumption habits have finally begun to shift and Southern Company predictions for energy need are not likely to materialize as it, too, has reported a downturn in electric sales for the past two years (the first time ever that sales have dropped for two years in a row).
“Loan guarantees for nuclear reactors are short-sighted,” says Ms. Carroll. “We predict that while we are waiting for nuclear energy to get itself ready, forward-thinking efficiency measures and small-scale installations of wind and solar which are joining the grid every day will transform the energy landscape and offset the need for more radioactive poison power. It will be a shame if Southern Company misses out on the green energy revolution because it is blinded by promises of easy money to pursue antiquated nuclear energy.”
The news in Vermont follows Obama’s announcement last week of $8.3 billion in loan guarantees for the construction of the first new nuclear power plants in the United States in close to three decades. The loan guarantees will help the Atlanta-based Southern Company build two more nuclear reactors in Burke County, Georgia, near the city of Augusta. We speak to Nuclear Watch South coordinator Glenn Carroll, who has been leading efforts against the construction of the new plants.
ALSO ON DEMOCRACY NOW! Nuclear engineer Arnie Gundersen speaks about the historic vote to shut Vermont Yankee and the cover-up of an underground plume of radioactive tritium heading for the Connecticut River. Arnie's stunning and informative interview with Amy Goodman begins at the 10:30 mark.
Breakthrough study by IEER proves we can get off coal, oil and nuclear by 2040
ALICE is none other than Nuclear Watch South's Leslie Minerd who is joined by White Rabbit Tom Clements (Friends of the Earth), Red Queen and SC Sierra Club Chair Susan Corbett, and Tea Party Host Extraordinaire, the Mad Hatter, Tim Liszewski of Carolina Peace Resource Center. Alice and Crew crashed the 2008 Tea Party rally in Columbia, SC, and put tax-funded nuclear loan guarantees in front of the Tea Partiers and the local media.