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Thu Jan 31, 2013, 02:46 PM

LOL antinukes invoke failure of solar company in attempt to stop nuclear loan

Last edited Thu Jan 31, 2013, 05:19 PM - Edit history (1)



"Are new nuclear power plants a good bet for taxpayers? Congress evidently thought so in 2005, when it set aside $17.5 billion in loan guarantees to help restart nuclear construction in this country after a three-decade drought.

The theory at the time was that nuclear power was essential to maintaining diversity in the nation’s electric power system and to cutting carbon dioxide emissions by reducing reliance on fossil fuels. The program was signed into law by President George W. Bush, and President Obama later proposed expanding that program to more than $50 billion."

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"Nonetheless, two groups that oppose the construction of the Vogtle reactors are arguing that the proposed loan guarantee for the project is “Solyndra-like,” a reference to the scandal over a solar panel manufacturer in California that went bankrupt in 2011 after receiving a $535 million federal guarantee."

http://green.blogs.nytimes.com/2013/01/31/nuclear-opponents-invoke-solyndra/

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Reply LOL antinukes invoke failure of solar company in attempt to stop nuclear loan (Original post)
wtmusic Jan 2013 OP
lapfog_1 Jan 2013 #1
wtmusic Jan 2013 #2
NNadir Jan 2013 #3

Response to wtmusic (Original post)

Thu Jan 31, 2013, 02:59 PM

1. three orders of magnitude error in the story

535 MILLION is not 535 billion...

but really, who cares about accuracy.

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Response to lapfog_1 (Reply #1)

Thu Jan 31, 2013, 05:20 PM

2. It's been fixed.

Now I wonder if the antinukes will "fix" their association of two entirely unrelated sources of energy.

Assuming they actually realize it doesn't make sense.

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Response to wtmusic (Original post)

Thu Jan 31, 2013, 08:16 PM

3. Nevertheless the anti-nukes have...

...won

Despite the on going solar and wind "miracle," 2012 was the second worst ever recorded at Mauna Loa for increases in the concentration of the dangerous fossil fuel waste carbon dioxide in the planetary atmosphere.

It was quite a Pyrrhic - quite literally - victory, this victory of the anti-nukes, since right now more coal, oil, and gas have been burned on the surface of the earth than have ever been burned before.

Hats off cough, cough to our anti-nuke friends.

Congratulations on the grand success.

I'm sure they're very, very, very, very, very proud.

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