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Alliance Membership
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| Thursday, March 04, 2010 |
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Ketchum Event, March 11th: Forever Wild
By Liz Woodruff @ 1:27 PM :: 39 Views :: Action Alert!
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KETCHUM, On March 11, 2010 at 6:30 pm in the Community Room at the Wood River YMCA, the Snake River Alliance has invited Walkin’ Jim Stoltz to come educate and entertain the valley with his powerful multi-media performance. The mix of stunning photography, stories, and music make this one-of-a-kind concert an inspiring journey into our nation’s last wilderness areas.
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| Thursday, March 04, 2010 |
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AEHI and Nuclear Energy in Idaho: Still a Crazy Idea
By Liz Woodruff @ 1:25 PM :: 57 Views :: Action Alert!
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AEHI is continuing to advance their ill-conceived reactor proposal in both Elmore and Payette counties, and the Alliance continues to monitor the situation in both of these communities by staying in touch with community members and planning staff, testifying at hearings, and releasing information to the media to challenge AEHI’s claims about their proposal and nuclear power in general.
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| Thursday, March 04, 2010 |
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Don’t Bet the Farm: Tripling Nuclear Power Bailouts Triples the Risk and the Waste
By Liz Woodruff @ 1:20 PM :: 38 Views :: Action Alert!
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Don’t Bet the Farm: Tripling Nuclear Power Bailouts Triples the Risk and the Waste
Last June, Moody's Investment Service called investing in new nuclear power a "bet the farm" risk.
If the federal government gets its way, that risk will soon triple and companies that want to build either nuclear reactors or uranium enrichments plants will be swimming in taxpayer dollars. At the beginning of February, the Obama administration asked Congress to triple the pot of money available for new nuclear reactors to $54.5 billion. Later in the month, President Obama announced the Energy Department’s intention to give Southern Company $8.3 billion for two new reactors in Georgia. On the uranium enrichment front, the Department of Energy says it intends triple money available to new uranium enrichment plants—to $6 billion—by transferring money now slated for mixed energy efficiency, renewable energy, and fossil fuel projects.
The entire nuclear bailout program poses enormous risk to U.S. taxpayers. A new nuclear reactor costs $10 billion, and that price tag is steadily rising. So a $54.4 billion pot is good for only about 5 new reactors. Although the loan guarantees supposedly are not direct taxpayer funding of private utility companies, the Congressional Budget Office has predicted that more than half of new reactor owners will default on their loan repayments based on the industry’s history of cost overruns and plant cancellations.
Closer to home, forcing U.S. taxpayers to underwrite loans to back new uranium enrichment plants such as the one French government-owned Areva wants to build in eastern Idaho would be extraordinarily risky and wasteful. First, though Areva is the largest nuclear supplies in the world, with 2006 sales of $14 billion, it is seriously overextended as it tries to position itself to grab the lion’s share of the nuclear renaissance, even as the renaissance has failed to appear. In fact, an Areva spokesperson acknowledged in November that without cheap capital from U.S. taxpayers, the company would simply return to France. Second, it’s likely that, with $6 billion in underwriting (Areva wants $2 billion), we’ll build more worldwide uranium enrichment capacity than would be needed even if requirements grow, too.
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| Thursday, December 03, 2009 |
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| Sunday, November 08, 2009 |
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Thanks to our members, major donors, and these foundations for making our work possible: Edwards Mother Earth, Bullitt, Lightfoot, Patagonia, and New Belgium Brewing.
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