Australian news, and some related international items

Massive amounts of money flow from U.S. taxpayers into the nuclear industry

The Crushing Cost Of Nuclear Waste Is Weighing On Taxpayers, Oil Price
By Haley Zaremba – Jun 19, 2019  The Maine Yankee nuclear power plant hasn’t produced a single watt of energy in more than two decades, but it cost U.S. taxpayers about $35 million this year.” So begins a powerful report this week about the crushing cost of nuclear waste storage by the Los Angeles Times……..

In the United States, where the nuclear industry is ailing, this is particularly bad news. More plants are shutting down than are going online, and many of the nuclear plants that are continuing to function are able to do so in large part thanks to government subsidies at the state level, which is to say, even more taxpayer dollars.

The Trump administration, for its part, has made efforts to combat the rising prices of nuclear waste storage–albeit extremely controversial ones. Just this month, “in a move that will roll back safety standards that have been observed for decades” says not-for-profit news organization Truthout, “the Trump administration reportedly has plans to reclassify nuclear waste previously listed as “high-level” radioactive to a lower level, in the interest of saving money and time when disposing of the material.”

While this may be a quick fix for the massive amounts of money flowing out of taxpayer pockets and into the nuclear energy industry, it’s certainly not a sustainable solution for what could easily become a national health crisis if mismanaged. ……

June 4, 2020 - Posted by | General News

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: