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Obama supports “all of the above” approach to energy generation October 16, 2009

Posted by cleanidahoenergy in balanced approach, Barack Obama, coal power, President Obama, Steven Chu.
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It was very refreshing to hear President Obama restate his support for nuclear energy yesterday. At a townhall meeting in Louisiana, Obama states support for all clean energy sources – a view held by mainstream America – and singled out nuclear power. His remarks, beginning 5:45, were

“We need to increase domestic energy production. Theres no reason why technologically, we can’t employ nuclear energy in a safe and effective way. Japan does it and France does it, and it doesn’t have greenhouse gas emissions. It would be stupid for us not to do that in a much more effective way.”

Obama’s energy secretary, Steven Chu, has also strongly supported nuclear’s role in our national energy policy, as he realizes nuclear alone can provide low-cost, emissions-free, baseload energy.

With around 65 new nuclear reactors under construction worldwide, the U.S. needs to follow up these words with commitment, or risk being left out of the global economy, falling further behind in reliable power generation, industrial capacity and carbon reduction.The words supporting an all-of-the-above stance are nice, Mr. President, but now back them up with policy.

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Rhetorical meltdown February 21, 2009

Posted by cleanidahoenergy in AEHI, anti-renewable energy, approval process, Elmore County, Energy policy, environmentalists, Idaho leadership, Mountain Home News, nuclear industry, Politics and nuclear, President Obama, Snake River Alliance, Steven Chu.
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It’s been a rough few months for the Snake River Alliance, and it shows in the shrill and over-the-top rhetoric of their news releases. I suppose it’s for the best they don’t blog and have removed from their Web site the ability for public comment.

Among the setbacks to the SRA: a pro-nuclear president and energy secretary are now in office; the SRA had to admit they were clueless when they stooped to calling us criminals; the state of Idaho has reshuffled its renewable energy priorities to better conform to reality; AREVA is moving forward with a uranium processing facility in Idaho; and the SRA has bailed on at least one public hearing to support embattled wind farm developers.

Apparently, the SRA is engaging in some fundraising by continuing its attempts to vilify us. Their latest news release, regarding our status as a fully reporting company before the SEC, is laughable to anyone with an understanding of business.

To clear up the SRA’s untruths:

• We were “four months late” filing our registration statements (on Feb. 19, we reported the SEC has accepted our registration statement, qualifying us to be a fully reporting company, conduct audits and file required financial reports for current and potential investors). This is nonsense. You can’t be late on a registration statement because there is no requirement to be fully reporting. It is a choice that public companies make to be more open.

• We didn’t disclose any lawsuits in filing our registration statement (at the time, we had a pending lawsuit against the SRA for defamation). You are only required to disclose lawsuits against your company, not lawsuits you have filed against others. Anyone who has been through this process knows that.

I failed to appear at the Legislature when invited. Very wrong. I have been invited twice to appear before an interim committee on energy (not the Legislature) and appeared both times. I testified once and the second time, the meeting ran an hour over and I had to leave to another meeting; I later emailed my remarks to the committee. The SRA knows this but conveniently forgets to mention it.

We “lost” the defamation lawsuit. After Andrea Shipley admitted she had no factual basis for calling us “scammers,” we did not object to their motion to dismiss the suit. Shipley’s critiques “generally represent the highly subjective opinions of the [speaker] rather than assertions of verifiable, objective fact,” according to the SRA court filing. Her admission that she had no factual basis for her statements is a retraction and that pleases us.

• We were late in paying a $50,000 bill to Owyhee County. We had originally proposed to build our plant in Owyhee County and the filing fee was $1,000 and we offered to pay $50,000 because of the exceptional nature of our application. We asked Owyhee County for a written bill, which we need for accountability purposes. The Mountain Home News on Oct. 8 quoted Commissioner Dick Freund: “Once notified in writing, they paid up almost immediately.”

We invite the SRA to be as open as we are and post a link to their financial statements – heck, maybe even start blogging, allow public comment and join the rest of us. The SRA’s distortions of facts and fulminations don’t substitute for a discussion of Idaho’s or America’s energy future.

Obama signals pro-nuke stance in Steven Chu pick January 20, 2009

Posted by cleanidahoenergy in balanced approach, Barack Obama, Global Nuclear Energy Partnership, international, nuclear industry, Politics and nuclear, President Obama, reprocessing, Steven Chu.
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I welcome President Obama to the leadership of the United States. While Obama has always been a supporter of nuclear power, his pick for Energy Secretary, Steven Chu, is especially encouraging.

On Jan. 13, Chu sat before the U.S. Senate Committee on Energy and Natural Resources and confirmed the Obama administration’s strong desire to push our country “towards energy independence, ” including a “continued commitment to nuclear power.”

Chu affirmed he was “supportive of the fact that the nuclear energy industry is, and should have to be, a part of our energy mix in this century.” Alluding to the Global Nuclear Energy Partnership, Chu said he’s “confident that the Department of Energy, perhaps in collaboration with other countries, can get a solution to the nuclear waste problem” and that reprocessing of used nuclear fuel “can be a part of that solution … certainly recycling is an option that we will be looking at very closely.”

Chu also told Senators that he supports the loan guarantee program to use $18.5 billion as security to encourage lending for low-carbon generation technology.

“Nuclear power, as I said before, is going to be an important part of our energy mix. It’s 20 percent of our electricity generation today, but it’s 70 percent of the carbon-free portion of electricity today and it is base-load. So I think it’s very important we push ahead.”

As I blogged previously, Obama also made a good pick in his National Security Advisor, James Jones, a retired Marine general and former president and CEO of the Institue for 21st Century Energy, an affiliate of the U.S. Chamber of Commerce. Jones advocates a comprehensive overhaul to U.S. energy policy in the name of national defense.