The only two U.S. reactor projects now technically under construction are on the brink of death for financial reasons.
If they go under, there will almost certainly be no new reactors built here.
The much mythologized "nuclear renaissance" will be officially buried, and the U.S. can take a definitive leap toward a green-powered future that will actually work and that won't threaten the continent with radioactive contamination.
As this drama unfolds, the collapse of global nuclear power continues, as two reactors proposed for Bulgaria have been cancelled, and just one of Japan's 54 licensed reactors is operating. That one may well close next month, leaving Japan without a single operating commercial nuke.
Georgia's double-reactor Vogtle project has been sold on the basis of federal loan guarantees. Last year, President Obama promised the Southern Company, parent to Georgia Power, $8.33 billion in financing from an $18.5 billion fund that had been established at the Department of Energy by George W. Bush.
Until last week, most industry observers had assumed the guarantees were a done deal. But the Nuclear Energy Institute, an industry trade group, has publicly complained that the Office of Management and Budget may be requiring terms that are unacceptable to the builders.
Southern and its supporters remain ostensibly optimistic that the deal will be done. But the climate for loan guarantees has changed since this one was promised. The $535 million collapse of Solyndra prompted a rash of angry Congressional hearings and cast a long shadow over the whole range of loan guarantees for energy projects. Though the Vogtle deal comes from a separate fund, skepticism over stalled negotiations is rising.
So is resistance among Georgia ratepayers. To fund the new Vogtle reactors, Southern is forcing "construction work in progress" rate hikes that require consumers to pay for the new nukes as they're being built. Southern is free of liability, even if the reactors are not completed. Thus it behooves the company to build them essentially forever, collecting payment whether they open or not.
All that would collapse should the loan guarantee package fail.
A similar fate may be awaiting the Summer Project. South Carolina Electric & Gas has pledged to build the two new reactors there without federal subsidies or guarantees. But it does require ratepayer funding up front. That includes an apparent need for substantial financial participation from Duke Power and/or Progress Energy customers in North Carolina who have been targeted to receive some of the electricity projected to come from Summer.
But resistance in the Tar Heel State is fierce. NCWarn and other consumer/anti-nuclear organizations are geared up to fight the necessary rate hikes tooth and nail. Should they win—and in a troubled economy there is much going for them—nuclear opponents could well take Summer down before it gets seriously off the ground.
Progress already has its hands full with a double-reactor project proposed for Levy County, Florida. Massive rate hikes granted for CWIP by the Florida legislature have ignited tremendous public anger. Unlike Vogtle and Summer, Levy County has yet to get Nuclear Regulatory Commission (NRC) approval.
Progress is also over its head at Crystal River. Upwards of $2 billion has been poured into botched repairs at this north Florida reactor. Odds are strong it will never reopen.
The same may be true at California's San Onofre, now shut due to problems with its steam generator tubing, a generic flaw that could affect up to about half the currently licensed 104 U.S. reactors. Nukes at Vermont Yankee, New York's Indian Point and Pilgrim, in Massachusetts, among others, are also under fierce attack.
These elderly reactors have been routinely issued extended operating licenses by the NRC.
But as their physical deterioration accelerates, official licenses may now be beside the point for these old reactors....and for new nukes as well. The major financial trade publications such as Bloomberg's, Fortune et. al., now regularly concede that increased efficiency and renewable projects are cheaper, faster to build and more profitable than new reactors. The Tennessee Valley Authority, a federal agency, could conceivably pick up the corpse and try to build new reactors, as it did at the dawn of the nuclear age, when no private utilities would touch the untested but clearly dubious promise of the "Peaceful Atom."
In the decades since, the promise of electricity "too cheap to meter" has proven to be a tragic myth.
And all these years later, the financial pitfalls of what may be America's last two proposed reactor projects may write the final epitaph for an industry whose fiscal failures are in the multi-billions.
At the end of the road, it will still take citizen activism to finally bury this industry. But we may be very close to making it happen, and now is a critical time to push extra hard.
EcoWatch Daily Newsletter
By Tiffany Means
Summer and fall are great seasons to enjoy the outdoors. But if you're already spending extra time outside because of the COVID-19 pandemic, you may be out of ideas on how to make fresh-air activities feel special. Here are a few suggestions to keep both adults and children entertained and educated in the months ahead, many of which can be done from the comfort of one's home or backyard.
The coronavirus may linger in the air in crowded indoor spaces, spreading from one person to the next, the World Health Organization acknowledged on Thursday, as The New York Times reported. The announcement came just days after 239 scientists wrote a letter urging the WHO to consider that the novel coronavirus is lingering in indoor spaces and infecting people, as EcoWatch reported.
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By Angela Nicoletti
The eastern slopes of the Andes Mountains in central Perú are among the most remote places in the world.
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By Julia Vergin
It is undisputed that vitamin D plays a role everywhere in the body and performs important functions. A severe vitamin D deficiency, which can occur at a level of 12 nanograms per milliliter of blood or less, leads to severe and painful bone deformations known as rickets in infants and young children and osteomalacia in adults. Unfortunately, this is where the scientific consensus ends.
Where Does the Deficiency Begin?<p>Nobody knows exactly how much vitamin D a person actually needs. The question of when a deficiency starts is correspondingly controversial. However, vitamin D is becoming increasingly popular.Not only is the pseudo-scientific literature on the "sun vitamin" experiencing an upswing, but the number of published studies has also increased enormously in recent years. For example, in 2019 <a href="https://academic.oup.com/edrv/article/40/4/1109/5126915" target="_blank">a study found that</a> Vitamin D is responsible for keeping the skeleton functional and is associated with cardiovascular diseases, type 2 diabetes and various types of cancer. <br></p>
An All-Rounder<p>Vitamin D levels in the body rise and fall according to sun exposure. If sufficient UV rays reach the skin, the body is able to produce the vitamin itself. However, the human body only derives an estimated 10 to 20 percent of its daily requirement from food.</p><p>The vitamin D that we synthesize from sunlight or food is not biologically active at first. Before the kidneys can produce the biologically active form of the vitamin, known as calcitriol, and release it into the blood, some metabolic processes must take place beforehand.</p><p>In addition, many organs have receptors to which the precursor of calcitriol binds. Further, this substance is also present in blood.</p><p>From this precursor, the organs then produce calcitriol themselves, which the body then uses for countless other processes in the body. This form of vitamin D thus regulates insulin secretion, inhibits tumor growth, and promotes the formation of red blood cells as well as the survival and activity of macrophages, which are important for the <a href="https://www.mdpi.com/2072-6643/5/7/2502/htm" target="_blank">immune system.</a></p>
Low Vitamin D, Severe COVID-19 Disease?<p>A research study carried out <a href="https://www.sciencedirect.com/science/article/pii/S2352364620300067?via%3Dihub" target="_blank">at the University of Hohenheim</a> has now established a link between vitamin D deficiency, certain previous diseases, and severe cases of COVID-19.</p><p>According to the study, "there is a lot of evidence that several non-communicable diseases (high blood pressure, diabetes, cardiovascular diseases, metabolic syndrome) are associated with low vitamin D plasma levels. These comorbidities, together with the often accompanying vitamin D deficiency, increase the risk of severe COVID-19 events."</p><p>"This statement is completely correct," said Martin Fassnacht, head of endocrinology at the University Hospital of Würzburg. However, he qualifies that it is a pure association, "i.e. a mere observation that these events occur together.</p><p>Dr. Fassnacht is very critical of the hype surrounding vitamin D, but not because he denies the vitamin serves important functions. However, studies on humans have not been able to show that vitamin D has the healing powers many often propagate.</p><p>Fassnacht says, "If you take a closer look, the hopes that the administration of vitamin D has a healing effect have not been confirmed so far."</p>
Association Versus Intervention Studies<p>Many studies on the vitamin are association or observational studies. "By definition, these studies cannot prove the causal relationship, but only point to mere correlations," said Fassnacht. The physician tries to illustrate this with an example:</p><p>"Imagine two groups of 80-year-olds. One group is spry, active and does sports. If you compare them with another group living in nursing homes, the difference in vitamin D levels will be dramatic. Life expectancy would also be extremely different."</p><p>But to try to explain the difference in fitness by vitamin D status alone is far too simplistic. "Vitamin D levels are a good measure of how sick someone is. But not more," says Fassnacht. </p><p>According to Fassnacht, none of the intervention studies carried out to date -- that specifically examined the effect of vitamin D on various diseases -- has been able to confirm the previous association and laboratory studies or the presumed positive effect of vitamin D.</p>
Further Research Is Needed<p>"If a coronavirus infection is suspected, it is therefore absolutely necessary to check the vitamin D status and quickly correct any possible deficit," said the recommendation of the paper published by the University of Hohenheim.</p><p>"Studies are underway to see whether vitamin D helps in COVID-19 infection, but I personally do not believe that this is really the case," says endocrinologist Fassnacht. Nevertheless, he says it is of course useful to carry out these studies.<br></p><p>"I don't want to rule out that there are actually subgroups of people who benefit from an additional vitamin D dose," he says. After all, this has been proven to be the case with a severe deficit.</p><p>In view of the study situation, Fassnacht does not think much of preventive, nationwide vitamin D substitutes. "My belief that the vitamin helps somewhere is very low. But, of course, I can be wrong."</p>
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Ocean scientists have been busy creating a global network to understand and measure changes in ocean life. The system will aggregate data from the oceans, climate and human activity to better inform sustainable marine management practices.
EcoWatch sat down with some of the scientists spearheading the collaboration to learn more.
Climate models are predicting faster warming of the North Atlantic Ocean, which will shift the Gulf Stream. NASA
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By Jessica Corbett
As a United Nations agency released new climate projections showing that the world is on track in the next five years to hit or surpass a key limit of the Paris agreement, authors of a new study warned Thursday that increasing carbon dioxide in the atmosphere is nearing a level not seen in 15 million years.
<div id="1a097" class="rm-shortcode" data-rm-shortcode-id="3be1f37aee62477983e577219c84d7a9"><blockquote class="twitter-tweet twitter-custom-tweet" data-twitter-tweet-id="1281182404116385792" data-partner="rebelmouse"><div style="margin:1em 0">https://t.co/3sNdmN8mCz New study covered by @guardiannews, we look at CO2 levels in the Late Pliocene (~3 million… https://t.co/xRhhLcpdJ5</div> — Tom Chalk (@Tom Chalk)<a href="https://twitter.com/ChalkyOceans/statuses/1281182404116385792">1594292663.0</a></blockquote></div>
<div id="23d44" class="rm-shortcode" data-rm-shortcode-id="a800573625ce69a53bedfe537b572116"><blockquote class="twitter-tweet twitter-custom-tweet" data-twitter-tweet-id="1281123005695959040" data-partner="rebelmouse"><div style="margin:1em 0">Annual mean global temperature likely to be at least 1° C above pre-industrial levels in each of coming 5 years (20… https://t.co/WOBeEOhbCe</div> — World Meteorological Organization (@World Meteorological Organization)<a href="https://twitter.com/WMO/statuses/1281123005695959040">1594278501.0</a></blockquote></div>
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