On Monday I attended an American Nuclear Society meeting. The guest speaker was my company’s Federal Regulatory Affairs Analyst (essentially our lobbyist). He was telling us about the perceptions of legislators regarding nuclear power and its role in the climate change debate and legislation. Interestingly, when both Democrat and Republican legislators were polled (anonymously) regarding whether they would support a “cap and trade” bill if it included nuclear power, 81% of Democrats said yes, while only 3% of Republicans said yes. For Republicans it had nothing to do with nuclear and everything to do with “cap and trade.” With mid-term elections in 2010, this will be an interesting debate. What are your thoughts on “cap and trade”, climate change legislation, and the impact on the nuclear industry?
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fernly2 said,
on November 18th, 2009 at 4:38 pm
Cap and trade is great for Exxon-Mobile and other oil corporations who have with amazing foresight begun sequestering CO2 in the cavities produced by the withdrawal of gas and oil from under seafloors and earth surfaces. They will be able to trade in the carbon emission credits market instantly on its opening day.
Getting the horse before the cart demands we start building hundreds of nuclear power plants to provide efficiently produced electricity for mag-lev high speed rail, desalination projects, fuel cell car charging stations, the list goes on. The jobs produced by these projects to be financed with federal credit is the only way to recover from the economic morass we’re in.



