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b1g_brothr 8 posts  |  Last Activity: Jul 11, 2016 4:30 PM Member since: Jan 28, 1999
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  • The Swedish parliament has today agreed to abolish a tax on nuclear power as it recognizes nuclear's role in helping it to eventually achieve a goal of 100% renewable generation.

    The framework agreement announced by the Social Democrats, the Moderate Party, the Green Party, the Centre Party and the Christian Democrats, will see the tax phased out over two years. It also allows for the construction of up to ten new nuclear reactors at existing sites, to replace plants as they retire. Setting 2040 as the date at which Sweden should have a 100% renewable electricity system, the document stresses that 2040 is a 'goal' and not a cut-off date for nuclear generation.

    A variable production tax on nuclear power introduced in 1984 was replaced by a tax on installed capacity in 2000. Since its introduction this tax has gradually increased and today corresponds to about 7 öre (0.8 US cents) per kilowatt-hour. In February this year, utility Vattenfall said that the capacity tax had brought its nuclear operating costs to around 32 öre (3.8 US cents) per kWh. However, its revenue from nuclear power generation is only about 22 öre (2.6 US cents) per kWh.

    Swedish utilities had sought redress against the tax through the courts, but the European Court of Justice ruled last October that Sweden could continue to tax nuclear power, deciding the tax is a national, rather than European Commission, matter.

  • COLUMBIA, SC Reports of drones over the Savannah River Site nuclear weapons complex are drawing scrutiny from the federal government.

    Agents with the FBI interviewed a prominent nuclear watchdog this week about drones at the site. Meanwhile, the SRS “protective force” has confirmed several sightings of drones in June over the complex near Aiken, the U.S. Department of Energy said Thursday afternoon.

    Cool drone footage of a tunnel construction site feels like Star Wars 4:18

    “SRS takes these reports very seriously and is coordinating with appropriate federal, state, and local authorities,’’ an Energy Department statement said.

    Agency spokesman Monte Volk said he did not know who was flying the drones over SRS or why they were being brought into the site’s air space. He declined further comment.

    Drones, remotely controlled flying machines, are used increasingly across the country for business and recreational purposes. But they also are a security concern in the face of the war on terrorism. The Savannah River Site, a 310-square-mile complex, is filled with nuclear materials and nuclear waste. The site is heavily guarded.

    The Federal Aviation Administration has issued an advisory warning pilots to avoid airspace above nuclear power plants, military sites and similar areas. The FAA also recently introduced a series of rules for drones addressing how high they can fly. The rules say drones should be flown no more than 400 feet above ground or within 400 feet of a building.

    Mark Keel, chief of the State Law Enforcement Division, s

  • British Unions Call For Prompt Green Light On Hinkley Point
    Four powerful labor unions in Britain are calling the Hinkley Point C nuclear power plant construction project the first major “litmus test” for the country in the wake of its landmark vote last week for the country to quit its membership in the European Union.

    Hinkley Point CThe GMB, Unite, Ucatt and Prospect unions have written to EDF Energy Chief Executive Officer Vincent de Rivaz, calling the upcoming decision on financing for the $24 billion project “vital” to Britain's energy needs that would, if the project is given the green light, send a signal that the so-called Brexit vote would not derail the country's economy.

    “Nuclear new build is already behind the curve. We cannot afford further delay and it is vital for EDF to make a final investment decision now,” the unions wrote.

    The unions stressed that Britain needs the new generation capacity, which is currently on a waning path with the scheduled closures of older coal burning plants and the aging of its nuclear power fleet.

    The Energy Voice reported last week that an EDF spokeswoman had stated after the Brexit vote that the utility giant remained committed to the Hinkley Point project. EDF CEO Jean-Bernard Levy also remarked to reporters that the Brexit vote would not affect the company's decision on whether or not to green light the project.

    This looks like a revolt against the tree-huggers who irrationally oppose nukes. Good.

  • b1g_brothr by b1g_brothr Jul 7, 2016 4:58 PM Flag

    The market always overreacts. I'm a buyer.

  • Reply to

    Up Big Today

    by b1g_brothr Apr 19, 2016 1:03 PM
    b1g_brothr b1g_brothr Jul 8, 2016 11:29 AM Flag

    Up big today on no news. I sold a call option so I may get called away.

  • The State Department is disputing a report that Iran has sought to obtain nuclear technology since signing a deal aimed at curbing its nuclear program last summer.

    Germany's domestic intelligence agency reported this week that the Islamic Republic has been trying to acquire illegal nuclear technology at a "high level" throughout 2015.

    State Department spokesman John Kirby rejected those findings Friday.

    "We have no information to indicate that Iran has procured any materials in violation of the JCPOA," Kirby told reporters, using an acronym for the Joint Comprehensive Plan of Action, or nuclear agreement. "Germany … is not suggesting that Iran has violated its JCPOA commitments."

    Kirby claimed that the document did not mention whether Iran's attempts to obtain nuclear technology occurred after the nuclear deal, despite reporting to the contrary. The deal was struck in July 2015 and took effect in October.

    He also said that the report spoke "mainly" of Iran's missile program.

    "It covers all of 2015 and makes no distinction about whether the reported activities occurred prior to the JCPOA coming into effect," he said.

    While the report does describe Iran's growing missile program, it also underscores the program's nuclear potential, stating that the missiles could possibly "serve to deliver nuclear weapons." Iran is encouraged not to launch ballistic missiles under a U.N. Security Council resolution, but has done so anyway.

    Kirby would not say whether the German report showed that Iran was violating the "spirit" of the JCPOA.

  • b1g_brothr b1g_brothr Jul 9, 2016 12:57 PM Flag

    Don't worry, Likely Democratic presidential nominee Hillary Clinton on Friday said white people have to start listening to “legitimate cries” coming from the black community, pointing out that she has said repeatedly on the campaign trail there needs to be more “love and kindness.”

    “I will call for white people like myself to put ourselves in the shoes of those African-American families who fear every time their children go somewhere, who have to have the talk about how to really protect themselves when they’re the ones who should be expecting protection from encounters with the police,” Mrs. Clinton said in an interview on CNN.

    “I’m going to be talking to white people. I think we’re the ones who have to start listening to the legitimate cries that are coming from our African-American fellow citizens,” she said.

    In other words, we’re all racists!

  • b1g_brothr b1g_brothr Jul 11, 2016 4:30 PM Flag

    Blogger Richard Fernandez observes:
    The crime wave in Chicago illustrates how politicians trapped themselves in a vise of conflicting expectations from which there is no escape. It has proved impossible to do something and its opposite simultaneously, in this case withdraw the police and protect the community. It may prove just as impossible to require transgender bathrooms and guarantee no sexual harassment takes place or open the borders while promising there will be no terror attacks. When one thinks of it, making health care "affordable" while opening it to high-risk groups was always an unlikely proposition.

    Impossible, yet Big Tent constituencies are routinely green-lighted on both ends of a one-way street and told to floor the pedal. For a while they could spin it with smoke and mirrors. But in the end, illusion does not last.

    The security system of America is trust, which manifests itself in legitimacy which in turn makes it possible to govern a huge nation largely on consent. The mistake was to believe it was possible to play the identity card endlessly, to set one against another, to destroy trust -- without consequences.

    The public is suddenly face to face with the realization that the solid status quo is a fragile facade that might at any moment dissolve into something unrecognizable. It's a veneer masking a crumbling structure. Donald and Hillary are not freaks. They are monsters from our Id.

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