"For the first time in more than 30 years, the construction of new nuclear power plants is under way in the United States despite the ongoing nuclear crisis at Fukushima in Japan." That's according to Standard & Poor's, the profit-driven credit rating agency that painted a rosy picture of Wall St. financial institutions as they were melting down in 2008.
"Workers entered a damaged reactor building at Japan's Fukushima Daiichi nuclear plant on Thursday for the first time since explosions crippled the plant two months ago. The plant's operator, Tokyo Electric Power, said the workers were attempting to install a ventilator to help lower radiation levels inside the reactor building."
"Critics of Indian Point say the NYC suburbs are no place for a nuclear plant, while advocates insist the facility is safe, despite having some seismic risk."
"Though Japan appears to be set on a short-term course that includes a significant role for nuclear power, the future is geared toward a revolution in renewables, say advocates."
"Nearly 10 years after Japan's top utility first assured the government that its Fukushima Dai-ichi nuclear power plant was safe from any tsunami, regulators were just getting around to checking out the claim. The move was too little, too late."
"Tokyo Electric Power should face unlimited liability for damages stemming from its crippled nuclear power plant, Chief Cabinet Secretary Yukio Edano said on Monday, indicating Japan's government will take a hard line against the utility in its rescue plan."
"The U.S. has 31 reactors just like Japan’s — but regulators are ignoring the risks and boosting industry profits."
"One day after deadly tornadoes knocked out power to nuclear reactors in Alabama, the head of the U.S. nuclear safety regulator expressed concern whether backup batteries at sites across the United States have the staying power in a prolonged emergency."
"In an effort to encourage nuclear power, Congress voted in 2005 to authorize $17.5 billion in loan guarantees for new reactors. Now, six years later, with the industry stalled by poor market conditions and the Fukushima disaster, nearly half of the fund remains unclaimed. And yet Congress, at the request of the Obama administration, is preparing to add $36 billion in nuclear loan guarantees to next year’s budget."
"Most Americans fear that the United States someday could face the kind of nuclear emergency that's plagued Japan in recent weeks, according to a new McClatchy-Marist poll."
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