“Toshiba’s nuclear business has been hemorrhaging money at its U.S. construction projects in Georgia and South Carolina…. The four units are in states with regulated markets and provisions for nuclear projects to receive a return on their capital investments during construction, through consumer electric rate increases.”
The social value of nuclear power may provoke wide debate. But as a business proposition, in countries with market-based economies, nuclear is failing. New construction is particularly disappointing: a new generation of technology widely expected to get costs and construction times down simply has not done so.
Problems at Toshiba
The latest evidence comes Toshiba, a giant Japanese conglomerate and parent of the U.S. nuclear reactor designer and vendor, Westinghouse Electric. Westinghouse’s ruinous investment in nuclear construction behemoth CB&I Stone & Webster has crippled Toshiba’s finances.…
“By 2008, nearly 40 percent of U.S. long-range radar systems were already compromised by wind turbines. Today, with more than three-times the wind capacity installed, the problem of radar interference persists.”
“Proper siting of turbines, while politically cumbersome, is the only tried and true form of mitigation. But this means denying wind developers access to land areas covered by radar.”
[Editor Note: This essay, the third in a series aimed at correcting the most harmful wind energy-related policies of the Obama era, examines how pro-wind federal law enacted in 2011 compromised U.S. aviation safety.]
U.S. air space has been made less safe and our national security compromised because of a reckless policy of siting wind towers within 30–40 miles of radar installations. By 2008, nearly 40 percent of U.S.…
“And yet, the federal government – not to mention the states – has invested shockingly little on such (flood repair) projects in recent years, spending about as much on flood recovery as prevention. Trump has vowed to spend $1 trillion on infrastructure, but it’s unclear if levees and dams will be included. Even in California, the center of “the resistance” (to Trump), we need help and cooperation from the federal government. It’s not about petty politics or about Trump’s twisted vision of loyalty, assuming he even honors it. It’s about saving lives.”
“California passed a $7.545 billion Proposition 1 Water Bond in 2015 that includes $395,000,000 for “flood management.” These funds are to be coordinated with $800 million allocated for flood control projects under Proposition 84 (2006) and $4.09 billion in general obligation bonds to repair flood control structures under Proposition 1E (2006).