Atomic Economics

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* The Nuclear Industry is now claiming that it is the cheapest source of power in the world.

* This claim does not include the costs of nuclear power that the government (that is, the taxpayer) pays for.  These are:

1. Debts from cost overruns
2. Stockpiling of Deadly Radioactive Waste
3. Shipping of Radioactive Waste
4. Liability for Reactor Accidents
5. Nuclear Air & Water

Experience with nuclear technology reveals it to be incredibly expensive, dirty and dangerous, with a legacy that we and future generations will have to deal with, essentially forever.

The nuclear industry and its supporters are attempting to emotionally blackmail us into deepening our commitment to nuclear power.

But the issues surrounding nuclear power are much more complex than the current simplistic arguments being made on its behalf. Soaring energy costs and threats of looming blackouts -- not to mention the growing evidence of global warming's environmental catastrophe -- are providing us a real opportunity to reassess our current energy habits and choose smarter, environmentally and economically sustainable energy sources.

When considering nuclear power, we would do well to remember the old adage: "Fool me once, shame on you. Fool me twice, shame on me."

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More about costs of nuclear energy:

* The nuclear industry is claiming that nuclear power, at 1.83 cents per kilowatt hour compared with 2.07 cents for coal, 3.52 for natural gas, and 3.8 cents for oil, is now the cheapest source of energy.

* However, $1.83 represents only the current operating cost of a nuclear power plant -- the cost of the fuel to run the reactors plus maintenance on the plants.

*
Following are the costs that the public gets to pay for:

 
1.  Debts from cost overruns in building previous nuclear plants

* Example: Comanche Peaks nuclear power station in Texas. It went from initial estimates of $750 million to $12 billion by the time it was completed
* Every state that deregulated passed on these debts -- billions of dollars in "stranded costs" -- to ratepayers in the form of a special transition charge on their power bills.

2.  Stockpile of deadly radioactive waste.

* Nuclear waste fund is money paid to electric utilities by ratepayers.
* Nuclear utilities suing DOE for billions in damages for not picking up "our" waste on time.
* DOE has spent more than $6 billion on trying to find a suitable place to build an underground storage site
* The total cost of dealing with 70,000 metric tons of high level waste, the maximum currently allowed in one repository, is estimated at $49.2 billion. Taxpayers will have to pay that.

3. Shipping Nuclear Waste:

* The plan is to ship it down the nation's highways and rail lines over a period of 30 years on proposed routes that are half a mile from the homes of 50 million Americans.
* "Mobile Chernobyl" presents a number of problems:
* Someone stuck in traffic next to a gamma-emitting waste cask will be zapped with radiation doses equivalent to one chest x-ray an hour,
* Greater risks to pregnant women and their fetuses, children, the elderly, and people with compromised immune systems.
* Road accidents:
* DOE studies predict one accident out of 343 shipments, and considering that collecting the nation's nuclear garbage will take around 90,000 shipments, more than 260 accidents are anticipated.
* By DOE's calculations, a realistic but not even worst-case scenario that includes a high-speed crash and fire emitting a relatively small amount of radiation in a rural area would contaminate 42 square miles and take 462 days to clean up at a cost of $620 million.
* Radioactive Waste Management Associates says the cost could rise to $19.4 billion, depending on how populated the area is and how thoroughly it is cleaned up

4. Taxpayers Bear Risk

* Taxpayers responsible for lion's share of the cost of a catastrophic reactor accident
* Price-Anderson Act was passed to limit a nuclear utility's liability for an accident, currently to $7 billion.
* But that is still a small fraction of what it would cost to deal with a Chernobyl, which is currently estimated at more than $350 billion.
* Nuclear proponents claim that the many redundant safety systems -- known as "defense-in-depth" -- are adequate to prevent a major accident.
* Union of Concerned Scientists state that defense-in-depth is a sham: "It becomes a shell game, because if you find a problem, you discount it because you have, say, two back-ups
* The metaphor of faulty tires on a car to describe the NRC's inspection process. "If you saw the metal belts showing through a steel-belted tire, you'd check the other three tires to see if they are equally worn. The NRC's process is that after you fix the one tire, you don't look at the others. You just assume they are okay."

5. Chances of Severe Reactor Accident

* In 1985, the NRC itself testified in Congress that there was a 45 percent chance of a severe reactor accident over the following 20 years.
* How bad could it be? Sandia National Laboratory, one of the labs run by the DOE, a meltdown that breaches the containment at the Limerick nuclear plant outside Philadelphia could kill 74,000 people within a year, result in 34,000 subsequent cancer deaths, and give another 61,000 people a range of radiation-related injuries.
* We are now told that the new generation of reactors the nuclear industry wants to build are "inherently safe" and "accident-proof". This is the same message from the nuclear industry before the Three Mile Island accident.
* Pebble Bed Modular Reactor:
* The biggest problem is the lack of a containment structure, because despite claims that this reactor would be "meltdown proof," graphite catches fire.
* A design fix exists: installing huge tanks of either carbon dioxide or nitrogen, which would flood the space and extinguish the fire.
* This would be very expensive and probably remove one of the main incentives of building this design, which is much cheaper than those currently in operation.

6.   Nuclear Air and Water

* Nuclear power is currently widely touted as a source of clean, pollution-free energy.
* Nuclear reactors routinely emit radioactivity into the air and water with largely unmeasured consequences to human health and the environment.
* Citizens groups report that efforts to study these effects of this radioactivity have been continually stymied by the industry and by complicit governmental agencies. But there is an enormous amount of coincidental cancer related to the nuclear industry. (See the full report for details)
* Industry now starting to say that radiation from plants is good for us. The theory of hormesis -- that a little radiation is actually healthy because it boosts the immune system -- is gaining favor among nuclear proponents.

7.    Dealing With Nuclear Technology's Expense, Waste and Danger Goes On Forever

* Old and contaminated nuclear power plants are being dismantled.
* Some of the radioactive materials they contain -- metals, concrete, and soil, among other things -- are being, or will be, "recycled" into a wide range of materials. These materials will make their way into everything from pots and pans, car chassis, braces on kids' teeth -- even artificial hip joints and IUDs -- to building materials in houses, furniture, computer equipment, and children's toys.
* Estimates are that 1.4 million to 2 million tons of metal will go into the radioactive scrap metal heap.
* The NRC is in the process of writing rules for the "unrestricted release" of these materials, meaning that there would be no requirement to label, track or monitor the impact of this material as it moves out into our daily lives
* Steel Manufacturers Association reports 50 incidents involving materials released for recycling that were more contaminated than what the government considers safe.
* It remains to be seen whether the steel industry, the environmental community or the public can stop the nuclear establishment from dumping this portion of its low-level waste into general commerce. One option is to try to keep it isolated in facilities licensed to deal with radioactive waste. But both DOE and NRC are looking at ways to cut costs, and "recycling" the waste is definitely a lot cheaper for the nuclear waste generators
* NRC chairman Richard Meserve said that releasing contaminated solid waste materials into everyday commerce is necessary to ensure the continued viability of the nuclear power industry, as well as DOE's clean-ups.

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Charles Kalish

Director, Citizens Power Lobby

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