President’s Power Tools Could Jump-Start Clean Energy Economy

Friday, February 19th, 2010

On Capitol Hill, the ship of state is so bereft of rudder and sail that the crew is jumping overboard. The latest to abandon ship is Sen. Evan Bayh of Indiana, who minced no words about the dysfunctional Congress he is choosing to leave.

On Capitol Hill, the ship of state is so bereft of rudder and sail that the crew is jumping overboard. The latest to abandon ship is Sen. Evan Bayh of Indiana, who minced no words about the dysfunctional Congress he is choosing to leave.

Forget for a moment about health care and financial reform. On national energy and environmental issues, which have been stalled in the congressional queue, we have a critical national security threat, a danger to public health and welfare, and national policy that encourages American families to inadvertently fund terrorists.

Those are among the reasons the paralyzing partisanship on Capitol Hill is so serious a dereliction of duty. (more…)


Will Nuclear Loan Plan Bring Obama into Vermont Yankee Fight?

Thursday, February 18th, 2010

CleanTechies is fortunate to have some of the sharpest minds in the energy and clean tech industries as regular readers, but even if you don’t have a Ph.D., you should be able to answer this quick math quiz: “Which price tag is cheaper, $8 billion or free?”

Don’t hurt yourselves!

On Tuesday, President Obama officially announced $8 billion in government loan guarantees for construction of two new nuclear plants in Georgia, the country’s first expansion of nukes in more than 30 years.

A day later, the Vermont state legislature officially began deliberations on the question of relicensure of Entergy’s Vermont Yankee nuclear plant. While there are some transaction costs associated with keeping Vermont Yankee open past 2012, the cost is nowhere near $4 billion.

Given the commitment the president made to clean, domestic nuclear power just 24 hours earlier, you would expect the White House to jump right in on the question of relicensure in Vermont, right? Not so fast. (more…)


Waxman-Markey: DOA (Dead on Arrival)?

Friday, June 12th, 2009

waxmarkSeveral recent pieces – led by David Roberts’ posting at Grist – report that “the worst kept secret in DC” is that there’s “no way” the Senate is passing a climate bill this year.

Surprised? After all, as Roberts and Bradford Plumer at TNR point out, energy reform was once Obama’s “number one priority.” Is it conceivable that a President with 65+ approvals and the iconic status of Obama could fail to get his number one priority through Senate that has a fillibuster-proof majority from his own party, less than six months after taking office? (more…)


Coal Industry Inserts Carbon Capture Provision in Climate Bill

Thursday, June 4th, 2009

A powerful coal-state Democrat has inserted a 24-page provision into the U.S. Congress’s proposed cap-and-trade bill that would create a $10 billion Carbon Storage Research Corporation, including up to $500 million in “administrative expenses” over the next 10 years. The Web site Solve Climate said the institute would be operated by the coal industry and would research methods of storing carbon dioxide underground; it would be funded with a 50-cent-per-month surcharge on the utility bills of all U.S. households.

(more…)


 


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