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Politics : Politics for Pros- moderated
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To: LindyBill who wrote (211350)7/9/2007 2:47:06 PM
From: Triffin  Read Replies (1) of 793964
 
LB ..

From a GE press release today ..

"No new nuclear plants are likely to begin operation in the United States until 2015 at the earliest, said Andy White, president and CEO of GE-Hitachi Nuclear Energy, which focuses on nuclear business outside Japan.

"This is not going to be 10 to 20 plants overnight," White said, noting that GE's nuclear revenues are growing by about 10 percent per year. "This is going to be two or three per year from a U.S. perspective and then maybe one or two overseas."

While nuclear power has re-attracted the attention of many in Washington and the industry, an open question remains whether the U.S. public is ready for new plants, GE officials acknowledged. While the nuclear plants do not release significant quantities of carbon dioxide, they do produce radioactive waste that is dangerous to people and must be safely stored for long periods of time.

Immelt said the factor that would most boost demand for nuclear plants in the United States would be the imposition of a tax or fee system to reduce carbon dioxide emissions.

"We're not naive about how this changes over time," said Immelt. "It's hard to believe simultaneously in energy security and reduction in greenhouse gas emissions without believing in nuclear power. It's just intellectually dishonest."

Triff ..
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