GOP: Obama “Anti-Nuclear”

Photo by <a href="http://www.flickr.com/photos/mandj98/2468396121/">James Marvin Phelps</a>, via Flickr.


Barack Obama on Tuesday told reporters that his recent embrace of nuclear power is part of an effort to adopt some Republican ideas on energy, noting that he remains an “eternal optimist” about bipartisanship. But Obama’s attempt to woo Republicans with nuclear power has met predictably bad reviews from the Party of No, which maintains that this is “an anti-nuclear administration.” (Sarah Palin seems to like it, however.)

Pouring another $36 billion into government-backed loans “avoids the bold, no-cost solutions that would truly jumpstart nuclear power in the U.S.” writes the GOP on its website. (The Republicans also describe nuclear as an “emission-free” energy source, though it’s not quite clear why they care about emissions since most Republicans don’t seem to think greenhouse gases are a problem.) The GOP plan also touts its “no-cost nuclear power initiative” to bring 100 new nuclear reactors online over the next 20 years, which was included in the energy bill the party released last summer. They don’t manage to explain how it will be “no-cost,” since the nuclear industry has made it very clear that it can’t exist without government support. (See “The Nuclear Option” for more.)

“Without loan guarantees we will not build nuclear power plants,” Michael J. Wallace, co-chief executive of UniStar Nuclear and vice president of Constellation Energy, told the New York Times in 2007. The nuclear industry has called for $100 billion in loan guarantees from the government. And while those are, in theory, “loans,” the Congressional Budget Office projects default rates of “well above 50 percent.” With the cost of reactors now estimated at over $10 billion, plans to build 100 new plants in the next two decades would require more than a trillion dollars in capital investment.

So what are the other big plans for nuclear from the Republicans? One is to “fast track” the regulatory process for new reactor applicants, in order to “cut the time needed to permit new plants by roughly 50 percent.” As I noted last week, there’s a huge problem here: the idea that the government has been bogging down the permitting process is misleading at best. The two leading reactor design proposals have been cited for significant safety flaws. Which makes their statement that the bill “clarifies that nothing would decrease the [Nuclear Regulatory Commission’s] ability to maintain the highest public health and safety standards” also questionable.

The GOP also wants to revive the plan to dump nuclear waste in Yucca Mountain, a proposal has been dead politically for some time now, and propose raising the limit on the amount of waste that could be stored there. The GOP bill would also use government funds for nuclear waste recycling to “enter into long-term contracts with private sector entities for the recycling of spent fuel” and prohibit “future Administrations from blocking or hindering recycling spent nuclear fuel.” Now, this is another misleading argument. First, the Obama administration just formed a new commission to examine options for the disposal of nuclear waste – including recycling. But as Chu told a Senate panel last week, while reprocessing is “a possibility,” currently it is not “financially viable,” and there are significant concerns about the nuclear proliferation.

Enacting the GOP’s plan would require ignoring financial viability altogether, allowing the federal government to run roughshod over state and local concerns about storage of waste, and streamlining review processes at the cost of human health and well-being. Sounds like an energy plan that will really go somewhere!

One More Thing

And it's a big one. Mother Jones is launching a new Corruption Project to do deep, time-intensive reporting on the corruption that is both the cause and result of the crisis in our democracy.

The more we thought about how Mother Jones can have the most impact right now, the more we realized that so many stories come down to corruption: People with wealth and power putting their interests first—and often getting away with it.

Our goal is to understand how we got here and how we might get out. We're aiming to create a reporting position dedicated to uncovering corruption, build a team, and let them investigate for a year—publishing our stories in a concerted window: a special issue of our magazine, video and podcast series, and a dedicated online portal so they don't get lost in the daily deluge of headlines and breaking news.

We want to go all in, and we've got seed funding to get started—but we're looking to raise $500,000 in donations this spring so we can go even bigger. You can read about why we think this project is what the moment demands and what we hope to accomplish—and if you like how it sounds, please help us go big with a tax-deductible donation today.

We Recommend

Latest

Sign up for our newsletters

Subscribe and we'll send Mother Jones straight to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate