$Billions wasted on pie-in-the-sky “new generation” nuclear technologies
Arjun Makhijani, president of the Institute for Energy and Environmental Research, told VICE News that companies have spent $100 billion worldwide trying to commercialize breeder reactors without success.
“So now you’re telling me that this combination of reactors has $1.3 billion scattered over more than a dozen technologies?” he said. “Bill Gates’ investment … is hopeless.”
Tech Titans Like Bill Gates Are Gambling on Nuclear Power — But It Looks to Be a Losing Bet, VICE News, By Laura Dattaro July 4, 2015 Nearly 50 American and Canadian tech companies, including heavy hitters like Bill Gates, have invested over a billion dollars in next-generation nuclear technologies in the last 10 years, according to the think tank Third Way.
Despite declining public trust in nukes, especially since the Fukushima Daiichi meltdown in Japan in March 2011, proponents argue that nuclear is key — some say the key — to providing reliable energy while at the same time helping to rid the world of fossil fuels.
“We were compelled by a mission to get involved in a very pressing energy challenge …. Marcia Burkey, chief financial officer of TerraPower, told VICE News. Bellingham, Washington-based TerraPower was founded by Bill Gates and is developing new nuclear reactor technologies.
But critics of nuclear power say this rosy picture does not match the realities of the industry, and that the technologies are too far from being scaled up commercially to meet the urgency of lowering emissions. What’s more, they say, the money behind the current push for more advanced reactors is paltry compared to the costs associated with developing, licensing, and constructing even a single nuclear plant.
“You can’t really in good faith put forward a technology that we don’t know how to do, and have no real prospect of knowing how to do in the next couple of decades. The solution needs to be underway already or to be capable of beginning tomorrow,” Peter Bradford, a professor at Vermont Law School and former member of the US Nuclear Regulatory Commission (NRC), told VICE News. “That’s really not true of any of those designs mentioned in the [Third Way] report.”
Uranium investing – some stocks bad, others worse
ERA also has a $290m cash stockpile but faces almost double that to close Ranger. Unlike Amy Winehouse, that’s one rehab to which ERA must go-go-go.
As for Paladin Energy (PDN, 25.5c), being the world’s only listed pure-play uranium miner with two operating mines (albeit on care and maintenance) hasn’t made for unfettered joy either……..
We rate ERA a sell and Alliance and Paladin as specbuys
Uranium stocks a mixed bad for investors THE AUSTRALIAN JULY 03, 2015 Tim Boreham Over the years the uranium caper has been much more fun for investors in the exploration chase, rather than the drudgery of actually mining the toxic substance. Continue reading
Climate change increases the radioactive danger of the Marshall Islands’ nuclear waste tomb
This dome in the Pacific houses tons of radioactive waste – and it’s leaking, Guardian 3 July 15 The Runit Dome in the Marshall Islands is a hulking legacy of years of US nuclear testing. Now locals and scientists are warning that rising sea levels caused by climate change could cause 111,000 cubic yards of debris to spill into the ocean Black seabirds circle high above the giant concrete dome that rises from a tangle of green vines just a few paces from the lapping waves of the Pacific. Half buried in the sand, the vast structure looks like a downed UFO.
At the summit, figures carved into the weathered concrete state only the year of construction: 1979. Officially, this vast structure is known as the Runit Dome. Locals call it The Tomb.
Below the 18-inch concrete cap rests the United States’ cold war legacy to this remote corner of the Pacific Ocean: 111,000 cubic yards of radioactive debris left behind after 12 years of nuclear tests.
Brackish water pools around the edge of the dome, where sections of concrete have started to crack away. Underground, radioactive waste has already started to leach out of the crater: according to a 2013 report by the US Department of Energy, soil around the dome is already more contaminated than its contents.
Now locals, scientists and environmental activists fear that a storm surge, typhoon or other cataclysmic event brought on by climate change could tear the concrete mantel wide open, releasing its contents into the Pacific Ocean.
“Runit Dome represents a tragic confluence of nuclear testing and climate change,” said Michael Gerrard, director of the Sabin Center for Climate Change Law at Columbia University, who visited the dome in 2010.
“It resulted from US nuclear testing and the leaving behind of large quantities of plutonium,” he said. “Now it has been gradually submerged as result of sea level rise from greenhouse gas emissions by industrial countries led by the United States.” Continue reading
The continuing horror of Fukushima: 11 disturbing facts
11 Facts About The Ongoing Fukushima Nuclear Holocaust That Are Almost Too Horrifying To Believe http://collectivelyconscious.net/articles/11-facts-about-the-ongoing-fukushima-nuclear-holocaust-that-are-almost-too-horrifying-to-believe/ by Michael Snyder of www.thetruthwins.com Is Fukushima the greatest environmental disaster of all time? Every single day, 300 tons of radioactive water from Fukushima enters the Pacific Ocean. The radioactive material that is being released will outlive all of us by a very wide margin, and it is constantly building up in the food chain.
Nobody knows for sure how many people will eventually develop cancer and other health problems as a result of the Fukushima nuclear disaster, but some experts are not afraid to use the word “billions”. It has been well over two years since the original disaster, and now they are telling us that it could take up to 40 more years to clean it up.
It is a nightmare of unimaginable proportions, and there is nowhere in the northern hemisphere that you will be able to hide from it. The following are 11 facts about the ongoing Fukushima nuclear holocaust that are almost too horrifying to believe. Continue reading
Wildfires near Chernobyl nuclear facility cause raised levels of ionising radiation.
Bushfires are a perpetual danger to nuclear facilities. South Australia could be setting up such a danger by establishing nuclear facilities
Radiation spike recorded after Chernobyl wildfire, International Business Times, Tom
Porter July 2, 2015 Nuclear inspectors have recorded a significant increase in radiation in the Chernobyl exclusion zone, after wildfires tore through forest near the devastated nuclear power station.
Radiation recordings in the Polesskoye settlement, which was abandoned after the 1986 nuclear reactor explosion, show air contaminated with 10 times the normal levels of deadly cesium-137, The State Nuclear Regulatory Inspectorate of Ukraine announced.
Cesium-137 is one of the most dangerous elements released in a nuclear explosion, and can cause leukemia after accumulating in the body……..
Ukranian capital Kiev lies only 132 km (82m) downwind of the current blaze, and Minsk, capital of Belarus, 342 km (213 m) north-west. The surrounding region is now largely deserted after the Soviet government resettled 116,000 people in the wake of the disaster.
“The real problem would be if the wind strength increased and fire got out of control. If there are very strong winds and they were blowing from east to west – as does happen in summer – it could be a risk to Europe,” he said.
Baverstock said that in the wake of the disaster, Cesium-137 was absorbed into the soil, and from, there into organic matter including tree bark and leaves. In forest fires, the chemical can be released into the atmosphere again, and can cause cancer to those who inhale it, or enter the food chain if ingested by animals.
Reports indicated that the fire is currently some distance from the main reactor, which is covered by a crumbling concrete dome, or the Red Forest, the 10 km zone around the reactor, believed to be one of the most radioactively contaminated areas in the world……..http://www.ibtimes.co.uk/radiation-spike-recorded-after-chernobyl-wildfire-1508955
International Renewable Energy Agency launches a new app
Irena off to a clean start with new renewable energy app, The National Business LeAnne Graves June 30, 2015 The renewable energy sector has been growing fast, and more and more people – particularly potential investors – are seeking information on little known areas to venture into.
Although some forms of renewable energy have been around for decades, there has been almost no mapping of the industry. Sure, companies have looked into their particular areas of interests, but until the International Renewable Energy Agency (Irena), an intergovernmental organisation that supports countries in their transition to a sustainable energy future, launched in 2009, there was little aggregated information available.
The organisation has now created an app to feed hungry minds on the subject – allowing users to search for renewable energy resources anywhere in the world, from sources such as wind, solar or marine, hydro, geothermal and bioenergy. And all this from their smartphone.
Launched last month, the Global Atlas pocket is a free app available for download on all platforms including BlackBerry 10, iOS, Android and Windows Phone.
At present it claims to be the only global tool of its kind, combining 1,000 maps from 67 governments and 50 data centres.
The idea is that users can overlay information listed in the catalogue to help identify areas of interest for potential projects or business ventures…….
What are the pros of this app?
It’s important to remember that this is the first of its kind. So to begin with, Irena needed to grab whatever information is currently available on different markets and regions. It’s not an easy task. But you can select any place in the world to find out how much solar irradiation is present, ask if renewable energy could power 100 per cent of a particular island or even whether wind energy is a suitable prospect for the UAE…….. http://www.thenational.ae/business/the-life/irena-off-to-a-clean-start-with-new-renewable-energy-app
Aboriginal landowners reject coal giant Adani
Adani shown the door by traditional owners, SMH July 4, 201Michael West Business columnist The Wangan and Jagalingou people gathered two weeks ago at a convention centre in Carseldine north of Brisbane.
They were there to vote on a proposal to make sure those responsible for their native title claim were truly representative of the Wangan and Jagalingou people. These are the traditional owners of the land in the Galilee Basin, precisely where Indian company Adani aims to build Australia’s biggest coal mine, the controversial $16 billion Carmichael project.
Twice in three years, the Wangan and Jagalingou (W&J) had rejected Adani’s advances to sign a land deal for the mine, and twice Adani had dragged them off to the Native Title Tribunal and sought approval for the state to override their opposition to the mine.
It was just after 9am on Saturday, June 20, when two charter buses turned up at the Tavernetta Function Centre in Carseldine. Adani had bussed in 150 people in a sly bid to force consideration of a new memorandum of understanding they claimed to have with W&J, despite the previous ‘no vote’ from W&J. It was an Adani ambush, and it must have cost a fortune: three days of food, accommodation and transport for 150 people.
“We saw the buses turn up and we were wondering what was going on,” says traditional owner and W&J lead spokesman Adrian Burragubba.
“They tried to organise their own meeting after ours in order to get the people to agree to their MoU – a kind of tricked ILUA [Indigenous Land Use Agreement] when they knew they didn’t have one. Right now we’re in the Federal Court precisely because we refused an ILUA and they have tried to override us.”
But Adani’s cunning stunt backfired. They hadn’t counted on their 150 voters changing their minds after impassioned speeches from the likes of Burragubba. W&J tribal elders are deeply concerned about the effect of the mine on their cultural heritage and the risks it poses to water and wildlife.
By the end of the day, Adani’s reps had been asked to leave the meeting. Of the W&J’s 12 “new applicants”, or claim representatives, at least seven were against Adani, despite all the money flying about to skew the vote, and three were in favour. The views of the other two appear in the balance.
Burragubba says Adani has been engaging in tactical skulduggery for years, excluding him from meetings as he represented families which were not in favour of Carmichael.
“They claimed I was disruptive,” he told Fairfax Media.
“But they need all applicants in a meeting to do a deal. So there cannot possibly be a legally binding agreement.
“Adani has been conniving with these other two people [other Indigenous applicants] to try to get an agreement and undermine the Native Title process and our right to free prior informed consent.”
Before the showdown at the Carseldine convention centre, Adani had co-opted two of the W&J applicants, also directors of the trustee for the W&J’s Cato Galilee Trust……….http://www.smh.com.au/business/comment-and-analysis/adani-shown-the-door-by-traditional-owners-20150703-gi3y2h.html



