Wednesday, June 22, 2005

the monster that won't die

the chimp tries to pour more money down the nuke rathole.

can you count the number of lies in the few seconds of bush's speech, below?

Bush: U.S. Needs More Nuclear Power Plants

...

"It's time for this country to start building nuclear power plants again," said Bush, who noted that while the U.S. gets 20 percent of its electricity from nuclear reactors, France meets 78 percent of its electricity needs with nuclear power.

While Bush's speech was focused on energy, he also spoke about economic concerns like
Social Security, medical liability insurance, education, permanent tax relief and trade. It was part of a White House effort to focus on economic security for Americans as well as national security in the war on terrorism.

"Listen, I understand parts of our country are still struggling from the effects of the recession and the attacks," he said, ticking off Americans' worries about jobs going overseas and the need to learn new skills, health care costs and retirement security.

"So even though the numbers are still good, there are still worries out there in the country," Bush said.

"We're not taking the good numbers for granted — we're moving aggressively with a pro-growth, pro-worker set of economic policies that will enhance economic security in this country."

...

meanwhile,

Nukes-Against-Global Warming Strategy Scored as Too Costly

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''Canada already has 40,000 tonnes of highly radioactive waste. It's an insane idea to build new nuclear plants that will make even more waste,'' Martin told IPS. ''These wastes will remain radioactive for a million years.''

Nuclear power plants produce some 13 percent of Canada's electricity generation. Another 57 percent comes from dams, 28 percent from geothermal, or under-earth heat, sources as well as coal, oil and gas, and about 1 percent from renewable sources including the wind, sun, and tides.

Canada's Nuclear Waste Management Organisation proposed last month to bury the spent nuclear fuel from Canada's 22 reactors in an underground vault carved 1000 metres deep in solid rock. It recommends spending the next 30-60 years finding a location and designing an impervious vault for permanent storage. Estimated cost: 24.4 billion Canadian dollars (19.6 billion U.S. dollars).

When it comes to nuclear power, cost estimates can prove unreliable. Canada's most recent nuclear plant, the 3,524-megawatt Darlington Nuclear Generating Station, cost 14 billion Canadian dollars (11.2 billion U.S. dollars) to complete in 1993 -- double the budgeted price.

And rather than having a 40-year life span, Canada's CANDU reactors require multi-billion-dollar reconstruction after just 20 years of service on average, said Martin. In 1997, eight reactors had to be shut down for repairs and four of these had already been rebuilt in the mid-1980s at a cost of billions of dollars more than their original construction costs in 1971.

Repair costs have doubled and tripled from their original estimates and, eight years later, four are still shut down.

Due to the frequent shut downs that last months and years, Canada's nuclear power plants operate at about 50 percent efficiency, said Martin.

Calculating the 'all-in cost' of producing electricity from nuclear power is extremely difficult in part because the industry does not give out detailed cost information. Moreover, the Canadian government has underwritten research costs while insurance costs and liability, waste disposal, the need for an extensive transmission infrastructure and decommissioning of the plants all are considered external costs.

''There is no question today, that alternatives like natural gas or wind power are both cheaper and better alternatives to nuclear,'' Martin said.

Brendan Hoffman, an energy expert with the U.S.-based advocacy group Public Citizen, endorsed that view.

''The cold hard fact is that nuclear is just too expensive, '' Hoffman said.

''The costs of building nuclear plants have been on average 400 percent over budget,'' he added about the U.S. nuclear power industry.
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