Is It Still To Soon?
April 28, 2011
– Comments (12) |
RELATED TICKERS: TVE
, SAF
, ETY
Is it still to soon after Fukushima to talk about abandoning nuclear power in the United States?
Or are we going to forget?
Because a Tornado missed the Browns Ferry Nuclear power plant and shut it down anyway. And another one missed the Surrey nuclear power plant 10 days ago. Browns Ferry is offline and running on diesel back-up. Surrey is running reduced output.
And the good news is that the safety systems worked. When Browns Ferry was cut off from the grid, it shut down like it was supposed to, and the seven back-up diesels kicked in like they were supposed to. Almost, like they were supposed to anyway. Go TVE!
But now, with this reminder in the blogosphere, what if Browns Ferry had been hit by the tornado and lost the backup diesels, or the tons of spent radioactive material on the Browns Ferry roof were flung into the air, or a truck carrying waste to yucca mountain gets picked up in a tornado and dropped in the Mississippi?
That should be enough for at least one person to call me a "fearmongering liberal" or worse, "insurance salesman".
If you tell your Federal, State and Local governments not to interfere in their business with profit choking regulations and that the profit motive will keep TVE from risking harm to its shareholders, they will not interfere. It was an argument that worked very well for Fannie and Freddie shareholders.
Of course you could also tell your Federal, State and Local government that you have decided that the risks of nuclear power are so huge and all encompassing that you simply cannot justify keeping an aged nuclear power plant open for even one more day and since it is already turned off, to leave it off. Then we would find out much taxpayers and ratepayers will have to pay to fund the decommissioning costs.
Of course between those two extremes you could tell your federal, state and locals that you would like them to encourage a lot of smaller renewable energy sources, so as not put all your generating capacity into the same basket, and plan in the near future to shut down the aged plant.
Best wishes,
Steven
Chris? We await your "Government is Evil" counterpoint.