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You nuke-lovers are getting a beautiful handout in the appropriations bill.
I guess the trillions of dollars the U.S. government has spent to subsidize the nuclear industry and the tens of billions it continues to spend just isn't enough, huh?
Maybe fission vs. fossil isn't the right debate.
Find out the latest in the global warming fight at Wonk Room!
by The Cunctator on Wed Dec 19, 2007 at 11:30:38 AM PDT
electricity that does not emit CO2 and other greenhouse gases? Right now we have three sources of baseload (look it up on Wikipedia) electricity: fossil fuels, hydroelectric, and nuclear power. The lowest emitter is nuclear. Its comprehensive life cycle carbon emissions are about the same as those for the comprehensive life cycle of wind power (remember, the concrete and the steel have to be made by burning coal). Those are our choices.
Geothermal can supply baseload if you happen to live in an area with vulcanism. But no city is going to get all its power from geothermal.
Wind and solar supply less than 1% of our electricity. In relation to the small amount that they do supply to the grid, these renewables have received huge subsidies. Of course fossil fuels get the biggest subsidies, and all energy in the US is subsidized. In Denmark wind power has to be subsidized because it cannot pay its way on its own. But I have no problem with subsidizing renewables and trying to find a way to store their weak and intermittent electricity in a way that might assist them in larger scale applications. They always need backup.
The riddle for me is that commercial nuclear power supplies 73% of our clean electricity and in over 50 years has not caused one death to a member of the public. In the last century dam failures killed over a thousand Americans and in this century so far have killed several people. Coal-fired plants kill 24,000 Americans a year (fine particulates). And to back up wind and solar, fossil fuels are burned.
In terms of environmental impact, per square meter nuclear is cleaner and greener, according to J. Ausubel,head of environmental studies at Rockefeller U., than all other energy sources. Which is why I as an enviro support it.
The IPCC predicts average global temperatures to rise enough by 2050 to put 20-30% of all species at risk for extinction.
by Plan9 on Wed Dec 19, 2007 at 12:32:33 PM PDT
[ Parent ]
How much will these subsidies actually cost (in dollars) the US taxpayers?
by raoul78 on Wed Dec 19, 2007 at 01:49:38 PM PDT
No money. See my response below. But, there are direct payments to NPP builders that are distinct from these loan guarantees which don't amount to anything, actually. The direct payments are DIRECT subsidies upt o about $8 billion for the first 8 GWs of power or, eight plants. So who ever gets their plants online first/or gets NRC approval, gets the subsidy. This was voted on earlier this year.
David Walters
by davidwalters on Wed Dec 19, 2007 at 01:57:10 PM PDT
The most likely cost to taxpayers is negative, since the construction syndicates will have to pay a fee to get the loan guarantees.
This is not a sig-line.
by Joffan on Wed Dec 19, 2007 at 08:44:18 PM PDT
wide narrow
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