Tag Archives: Fukushima

Is Fukushima Melting Antarctic Ice?

Fukushima Explosion, Courtesy Forbes

A lot of people have been talking about a new dawn of nuclear power (Telegraph, article from 2013 here). “Fukushima,” they say, perversely, “proves nuclear is safe because only 3 reactors melted down.” They also say, “a culture of safety can make or break nuclear power.” (Japan Times, op-ed, here).

I think these people are not asking the right questions.

For example, the melt-rate of Antarctic ice has double since before 2010, that is since before Fukushima. Andrew Freedman on Mashable, here, and Phil Plait, on Slate, here wrote about a scientific study, accepted for publication in the journal Geophysical Research Letters which documents the increase in the rate at which Antarctic ice is melting. The study attributes this increased ice-melt-rate to rising ocean temperatures. The conventional wisdom is that “The increase in atmospheric carbon dioxide is causing ocean temperatures to rise.” But … what if this is only part of the problem?

What effect, if any, does the release of radiation from the Fukushima melt-down have on ocean temperature and therefore, the rate of melting ice?

Continue reading →

Oyster Creek & Nuclear Power After Fukushima

Oyster Creek Nuclear Power Plant, Courtesy Exelon

A public hearing will take place October 28, 2013, at the Clarion Hotel, 815 Route 37 West, Toms River, NJ. The subject of the hearing will be the National Academy of Sciences, NAS, study on nuclear power plants and cancer and “Lessons Learned from Fukushima.”

As I see it, the most important lessons from Fukushima are:

Three of the Fukushima Dai’ichi nuclear reactors withstood the earthquake, the tsunami and the aftershocks. We can engineer systems that will withstand various scenarios, but this raises the cost such that nuclear cannot compete in a de-regulated energy market – see The Economist, here – and we cannot engineer against all possible events.
The radioactive plume reached across the Pacific to North America, just as the plume from Chernobyl reached across the Atlantic to North America. An accident anywhere, when it involves dispersion of toxic materials, is an accident everywhere,
We have seen four (4) meltdowns in the 54 years between the passage of the Price Anderson Act and the disasters at Chernobyl and Fukushima. The risk of a catastrophic accident such as a melt-down may be low, but a catastrophic accident, is by definition, catastrophic.
The losses from Fukushima are estimated in the Trillions of Dollars. The economic value of the electricity produced by the six nuclear reactors is probably less than $100 Billion. Generating electricity from nuclear power is like taking heroin for a headache: The cure is worse than the disease.

There is a fifth lesson to be learned; this from the NJ Clean Energy Program in New Jersey and Vestas, the wind company. As noted on the NJ Clean Energy Program – Project Activity Pages, we in New Jersey now have have 1,117.5 Megawatts (MW) of grid tied photovoltaic solar electric generating capacity, almost double the 636 MW of Oyster Creek. Vestas is offering 8 MW wind turbines.

WE HAVE WIND and SOLAR: WE DON’T NEED OYSTER CREEK OR OTHER NUCLEAR POWER PLANTS.

Offshore Wind Farm

Continue reading →

Fukushima. Steam Rising from Sarcophagus

Fukushima Steam
Rising from Sarcophagus
Rad-Waste flows to clouds

Rad-waste flows thru EAARTH
Carried on the Jet Stream’s winds
any-every-where

NYTimes … ABC … BBC … Guardian, UK

With Nuclear power,
an accident anywhere is an accident everywhere.”

If the cheapest unit of energy is
the one that we don’t need, the “Nega-Watt,” then

the next cheapest is the one that
doesn’t need fuel and doesn’t create waste.
The “Nega-Fuel-Watt / Nega-Waste-Watt.”

Nuclear Power – State of the Art in 2013

The Fires of Fukushima

Back in the 1960’s Nuclear Power was pitched as “Too Cheap to Meter.” Today the state of the art can be summarized in 15 words:

Chernobyl, Fukushima, San Onofre, Fort Calhoun, Indian Point, Radioactive Waste, Evacuation Plans and Emergency Response. Continue reading →

Nuclear Power – Not “Carbon Free” Energy

Fukushima

Jeff Hanson, spokesman for the Omaha Public Power District, OPPD, in discussing the Fort Calhoun reactor, closed since April, 2011 for refueling then, in June, 2011, due to flooding, said,

“[Nuclear power is] a reliable source of electricity that’s carbon-free. That becomes more valuable going forward,” OPPD spokesman Jeff Hanson said.

This assertion that nuclear power is “carbon free” or that it produces “no greenhouse gases” is based on a simplified view of one aspect of the nuclear power – fissioning uranium – and ignores the complete picture.

Fallout Map from Fukushima Disaster

While fissioning uranium does not release carbon dioxide, when we look at the entire fuel / waste cycle we see that getting uranium out of the ground, fashioning it into fuel rods, transporting the fuel rods to the plant and managing the waste requires energy, and much of this energy releases carbon dioxide.

Continue reading →

Barbara Buono will Win, Apple will Grow, Assad will Die and other forecasts for 2013

In “The World Will Not End and Other Predictions for 2012,” I developed a set of predictions for 2012, the accuracy of which were described by me in 2012 Revisited. Here are my predictions for 2013. As noted last year, I am extrapolating from patterns that I see – also known as reading tea leaves.

New Jersey’s Governor Chris Christie will lose his re-election campaign to NJ Senator Barbara Buono, pictured with me, above. The Tea Party Republicans will not compromise with President Obama, Democrats in the House and Senate, or the Republican Leadership in the House and Senate. They will, again, threaten to shut-down the U. S. government.
A major hurricane will batter the Gulf Coast or the Eastern Seaboard, causing $25 to $80 Billion worth of damage. FEMA will be there to help.
Apple will continue to report record sales and record profits. It will close out the year with a market capitalization around $650 Billion, up from today’s level of $470 Billion. If HP‘s Board doesn’t fire CEO Meg Whitman, HP may return to profitability. Dell‘s market share and market capitalization will fall.
The wind and solar industries will increase in the US and globally, particularly Japan, which is now planning to have 100% renewable energy by 2040, and India, which is learning from the mistakes being made in China, Japan, and the West.
Large industrial conglomerates will continue to design and sell wind turbines, LED lighting, PV solar modules and more energy efficient medical devices, etc.
Assad will fall – and will die – by the end of 2014.
Mohammed Morsi and the Moslem Brotherhood will consolidate power in Egypt, but will not abandon the Egypt – Israel peace treaty.
Iran will provide weapons and support to Islamists in the Middle East, North Africa, and Central Asia.
Israel, feeling threatened, and very concerned regarding Iran, Syria and Egypt, will ignore pressure to negotiate with the Palestinians.
Roger Saillant and RP Siegel will not win any awards for their novel, Vapor Trails.

For an overview of the details see below.

Continue reading →

Do We Need Nuclear Power? Part 2

Turbines at Windeby

Rather than “Can we get away from Nuclear Power?” The real questions we need to ask ourselves are:

How quickly can we phase out nuclear power?
What will it cost?
Given that a definition of insanity is doing the same behavior but expecting different results, Continue reading →

Do We Need Nuclear Power? Part 1

Did the Japanese (and the rest of the world) NEED Fukushima?

Happy Earth Day. Think for the Future.

Do We Need Nuclear Power, Part 1, L. Furman, 4/20/12, here.
Do We Need Nuclear Power, Part 2, L. Furman, 4/20/12, here.
Do We Need Nuclear Power, Part 3, L. Furman, 4/21/12, here.

: US Recommended evacuation zone of 80 km radius around Fukushima

Nuclear Power, One Year After Fukushima

In the 54 years between 1957, when the Price Anderson Act was passed, and 2011 we have:

Experienced four melt-downs and one partial melt-down at nuclear power plants,
An increasing amount of radioactive waste that we really don’t know how to deal with, but must manage for hundreds of years – or thousands.
Security Concerns. Sharif Mobley, an American, arrested in Yemen in March, 2010, suspected of being a covert agent of Al Queda connected to Anwar Al Awlaki (CS Monitor), and who, before going to Yemen, worked at nuclear power plants in New Jersey, Pennsylvania, and Maryland (NJ News Room).

The World Nuclear Association has a detailed summary of the state of the industry (here), at Popular Logistics, We have concluded that a thorough understanding of the dynamics of the system and the risks from existing or future nuclear plants demands a paradigm shift to efficient use of sustainable energy.

The people of Fukushima – and Japan – are concerned that their food is “salted” with radioactive isotopes from the three reactors that melted downs. And they don’t trust their government. They feel it is too trusting of the people in the nuclear power industry (NPR). And we see the same cozy relationship between the regulatory agencies and the regulated industry in the United States. (PopularLogistics).

The “No More Fukushimas” walk from Oyster Creek to Vermont Yankee continues – and it will pass Indian Point today, March 11, 2012 (here).

The Japanese have closed 52 of their 54 nuclear power plants.

In the US, eight plants, from North Carolina to Connecticut were closed in August, 2011 because of Hurricane Irene. Two plants in Virginia were closed because of an earthquake. Fort Calhoun, the plant that was built on the bank of the Missouri River, near Omaha, Nebraska, that was shut down in May, 2011 for refueling and kept off-line due to heavy rains in June 2011 and 9 months later remains shut down. While the distribution of radioactive isotopes is minimal, and mostly tritium, the financial cost (not counting waste cleanup) is $1.0 million per day. These costs will be carried on the shoulders of the ratepayers, not the owners of the plant (here).

When Excelon whined that “upgrading Oyster Creek would cost too much; they would have to close it down,” Gov. Chris Christie said “Ok, then close it down.” The folks in Georgia are not as bold as the Honorable Governor of New Jersey. When Georgia Power said “In order to build two new 1.17 GW reactors at the Vogtle complex, we need to charge ratepayers for construction before we break ground, the NRC said “OK, and here are loan guarantees” (here).

But Georgia is the exception to the rule. Mycle Schneider, describing the Worldwatch Report he wrote on nuclear power last year, said (Press Release / Report):

“The industry was arguably on life support before Fukushima. When the history of this industry is written, Fukushima is likely to introduce its final chapter.”

Amory Lovins, of the Rocky Mountain Institute, in the foreword to the report, wrote,

“The Fukushima accident has just vaporized the balance sheet of the world’s #4 power company, TEPCO… this … could cost $100-plus billion… with such an unforgiving technology, accidents anywhere are accidents everywhere.”

Popular Logistics is a blog. We have the resources to write one or two articles per week, and cover a variety of issues. The professional news media, i.e., The New York Times, National Public Radio are able to commit substantial resources to these issues.

Nuclear Crisis in Japan will lead you to a collection of articles about Japan, Fukushima and the future of nuclear power from the Federation of American Scientists (FAS)

Matthew L. Wald (preceding link to Mr. Wald’s posts on the Green Blog, Transcripts Show U.S. Confusion Early in Japan Nuclear Crisis ; (on NYTimes.com)

Andrew C. Revkin, Nuclear Risk and Fear, from Hiroshima to Fukushima from the Dot Earth Blog, also of The Times,

Mr. Wald, again, Sizing Up Health Impacts a Year After Fukushima.

We now are experiencing the effects of four melt-downs and one partial melt-down in the 54 years since the Price Anderson Act was signed. This is four melt-downs too many. This is one meltdown every 13.5 years, one melt-down or partial melt-down every 11 years. While this is too small for statistical analysis, there have been melt-downs at four of the world’s 440 nuclear power plants. That’s a small number – about 0.9%. But the accidents were and remain catastrophic.

And in addition, nuclear power is expensive in terms of time and money for new plants (NPR). It’s too expensive for investors given the choice; that’s why Georgia Power asked for – and got – loan guarantees and permission to charge ratepayers in advance for the money to build the Vogtle 3 and 4 plants (here).

As noted above:

We must understand the dynamics of the system and risks from existing or future nuclear plants and shift the paradigm to efficient use of sustainable energy.

No More Fukushimas: From Coal, Oil, and Nuclear to Sustainable Energy

Smoke from three meltdowns and other fires

Fukushima reactors, after tsunami

On March 11, 2011, the Fukushima nuclear disaster shocked the world. Sadly, the thinkers in the anti-nuclear world were not complete surprised. We were startled, but we know that disasters, while unpredictable, are inevitable. Disasters are built into the nuclear power system. The best engineers are fallible. (Anyone who drives a car or uses a personal computer knows this.) We can engineer nuclear reactors to be “reasonably” safe – but that costs a lot of money. That’s why ALL nuclear reactors leak “acceptable” levels of tritium – it is too expensive to capture all the tritium.

We also know

While the probability of an accident may be low, the probability is very high that an accident, if it occurs, will be
In Three Mile Island, in 1979, Chernobyl, in 1968, and Fukushima, in 2011, we have four melt-downs and one partial melt-down since the Price Anderson Act was first signed into law in 1956. That’s four melt-downs in 56 years. While it’s a too small to give a precise statistical measure, it offers empirical data to suggest a high probability of a catastrophic accident every 14 years.

In command economies, such as existed in the Soviet Union, or exists in Iran and North Korea, it is illegal – and dangerous – to question the government. In market economies, such as exist in the United States, Europe, and Japan, there are strong incentives to cut corners.

But back to Fukushima – following the disaster, nearly all of Japan’s 54 Nuclear Plants have been shut down due to pressure by the Japanese people.

The disaster deposited radioactive fallout on a semicircular area of Japan with a radius of 50 miles. It caused the permanent displacement of 160,000 people. An unknown amount of radioactive materials have been flushed into the Pacific Ocean. TEPCO, the owners of the reactors, have a $100 Billion liability (that will probably be absorbed by Japanese citizens over the next 20 or 50 years).

So after Fukushima, the question that we ought to be asking is not: “Can solar, wind, geothermal, marine current and other sustainable technologies meet our energy needs?”

The question is: “HOW can solar, wind, geothermal, marine current and other sustainable technologies meet our energy needs?”

I will be speaking on Monday, March 5th, at 6:00pm, at the Unitarian Universalist Meeting House on West Front Street in Lincroft, NJ. This will be part of a series of discussions along a 250 mile walk from Oyster Creek, in Ocean County, NJ to Vermont, Yankee, in Vernon, Vermont. I will make a statement similar to the talk at the Space Coast Green Living Festival, reported here.

A group of Japanese Buddhists, Fukushima eye-witnesses and US citizens will be walking over 250 miles from Oyster Creek to Indian Point to the Vermont Yankee Nuclear Power Plants to bring awareness of the terrible risks of nuclear power. The “No More Fukushimas Peace Walk” is being led by Jun Yasuda.

Scheduled events open to the public:

Friday March 2nd, 7pm, “Implications of the Fukushima Nuclear Disaster for the U.S and continuing Japanese crisis”
Little Theatre, Georgian Court University, 900 Lakewood Ave, Lakewood N.J.

Speakers:

Sachiko Komagata, P.T., Ph.D, and Associate Professor & Chair, Department of Holistic Health & Exercise Science
Rachel Dawn Fudim-Davis, New Jersey Organizer, Food & Water Watch
Jeff Tittel, Director of Sierra Club, NJ Chapter
Sister Mary-Paula Cancienne, RSM, PhD.

Hosts: Sister Mary Bilderback, Mary Paula Cancienne
For information Kasturi DasGupta, PhD 732-987-2336

Saturday, March 3, 6:00 pm,
Sky Walk Cafeteria, 2nd Floor, 129 Hooper Ave, Toms River, NJ (Connected to parking garage)
Speakers:

Sky Sims, Sustainable energy specialist;
Joseph Mangano, Executive Director of Radiation and Public Health Project;
Ed M. Koziarski and Junko Kajino, Filmakers

For information Burt Gbur, 732-240-5107

Sunday, March 4th, 6:00 pm,
Murray Grove Retreat Conference Center, Lanoka-Harbor, NJ Church Lane and US Highway 9
Speakers:

Willie DeCamp, Save Barnegat Bay,
Greg Auriemma, Esq., Chair, Ocean County Sierra Club,
Peter Weeks.

For information Matt Reid, 609-312-6798

Monday, March 5th, 6:00pm,
Unitarian Universalist Meeting House, West Front Street, Lincroft, NJ

Speakers:

Larry Furman, “Beyond Fuel: The Transition from Fossil Fuel and Nuclear Power to Sustainable Energy.”
Japanese walkers share their post-Fukushima experiences in Japan

For Information:. Elaine Held (732-774-3492).

Thursday, March 8, 6:00 pm
Puffin Foundation, 20 Puffin Way, Teaneck, N.J.

Speaker:

Sidney Goodman, Author ‘Asleep At the Geiger Counter: Nuclear Destruction of the Planet and How to Stop It’, ISBN: 978-1-57733-107-0, available from Blue Dolphin Publishing, and elsewhere.

For information Jules Orkin, 201-566-8403

The walk will start at 10am on Saturday, March 3rd near the Oyster Creek area, and end at 129 Hooper Ave, Toms River. Starting times and places for March 4th and 5thwill also be announced on February 27th.
————————————————–
The mission of the Walk:

A plea for the people of New Jersey, New York and New England to recognize the grave dangers that nuclear energy poses to our lives, property, and all life on the planet.

We walk together in love and solidarity for a nuclear free future, and a more just, sustainable, and compassionate world built on respect for all living beings.

JOIN THE WALK FOR AN HOUR OR A DAY.

Edith Gbur 732-240-5107
Christian Collins 413-320- 2856
Cathy Sims 732-280-2244

Nuclear Industry in Japan – Not Unlike the Nuclear Industry in the USA

Map of Japan showing US and Japanese evacuation zones

Fukushima Nuclear sites and Evacuation Zones. Courtesy, National Post.

Map of Japan showing Fukushima Prefecture

Fukushima Prefecture. Courtesy NY Times.

I drew four conclusions after reading Hiroko Tabuchi’s article, A Confused Nuclear Cleanup, in the NY Times, and looking at the US Government’s evacuation map, pictured above (obtained at the National Post, here.

The Fukushima disaster is bad, really bad.
The Japanese want to clean it up; but don’t know how.
The nuclear industry in the USA is just like the nuclear industry in Japan – and that’s also really bad.
In a market economy there may to too much pressure to increase shareholder value to spend enough on safety. (In a command economy, such as existed in the Soviet Union and exists in China, North Korea, and perhaps, Iran, it is illegal to criticize the government and therefore likely that necessary investments in safety will not be made.)

Here are the essential facts, as reported:

The Japanese government wants to clean an 8,000 sq mi area near Fukushima [about the size of New Jersey] to allow residents to return to their homes.

A day laborer wiping down windows at an abandoned school nearby shrugged at the work crew’s haphazard approach. “We are all amateurs,” he said. “Nobody really knows how to clean up radiation.”

The Japanese government awarded the first contracts to three giant construction companies — corporations that have no more expertise in radiation cleanup than anyone else does, but that profited hugely from Japan’s previous embrace of nuclear power.

“We are building expertise as we work,” said Fumiyasu Hirai, a Taisei spokesman. [Taisei is one of the three companies.] “It is a process of trial and error, but we are well-equipped for the job.”

“It’s a scam,” said Kiyoshi Sakurai, a critic of the nuclear industry and a former researcher at a forerunner to the Japan Atomic Energy Agency, which is overseeing this phase of decontamination. “Decontamination is becoming big business.”

The cleanup contracts, Mr. Sakurai and other critics contend, are emblematic of the too-cozy ties they say have long existed between the nuclear industry and government.

“The Japanese nuclear industry is run so that the more you fail, the more money you receive,” Mr. Sakurai said.

Though big companies have won the main contracts so far, the actual cleanup — essentially a simple but tedious task of scrubbing and digging — is being carried out by numerous subcontractors and sub-subcontractors, who in turn rely on untrained casual laborers to do the dirtiest decontamination work.

This tiered structure, in which fees are siphoned off and wages dwindle each step down the ladder, follows the familiar pattern of Japan’s nuclear and construction industries.

Fukushima coverage on Popular Logistics:

Earthquake, Tsunami, and Energy Policy, March 11, 2011
Nuclear Power: What Future?, March 27, 2011,
Nuclear Power and Russian Roulette, June 20, 2011
“Three Meltdowns at Fukushima” – Washington Post, July 11, 2011,

21 of 2011 – Most Significant Events of the Year

Tweet While it ain’t over till it’s over, 2011 is over. A lot that could have happened, didn’t. Obama didn’t resign, Donald Trump didn’t throw his hat into the ring or divorce his current wife and marry one or more Kardashians. Newt Gingrich threw his hat into the ring, but also didn’t divorce his current wife and marry one or more Kardashians. These are the most significant events of 2011.

Japan, March, 2011 . Nebraska, June, 2011. An earthquake triggered a tsunami which slammed Japan with a 30 foot wave, which shut down twelve nuclear reactors at three sites, triggering melt-downs in three reactors at the Fukushima Dai-ichi site. We now see radioactive particles in food and soil in Fukushima Prefecture. The United States government recommended an evacuation of a 50 mile radius from the plant – this is a semi-circular no-man’s land of 3,927 square miles. It would be 7,854 square miles but the plant was on the coast and therefore half of this radioactive no-man’s land is in the Pacific Ocean. The environmental ramifications of radioactive materials spreading over Japan and flowing into the Pacific Ocean are not known (Popular Logistics click here, here, here), however, liabilities to TEPCO and Japan are estimated to $100 Billion (click here). In the United States, two nuclear power plants on the Missouri River, the Fort Calhoun and Cooper plants, were shut-down when the Missouri River flooded (Popular Logistics, here). Eight nuclear power plants from South Carolina to Connecticut were shut down in the aftermath of the earthquake that struck with an epicenter in Virginia August 23, 2011, and Hurricane Irene a few days later (Popular Logistics, here). In the words of Mycle Schneider, describing the World Watch Institute report he authored, “The industry was arguably on life support before Fukushima. When the history of this industry is written, Fukushima is likely to introduce its final chapter,” (click here). However, the three melt-downs at Fukushima, coupled with the melt-down at Chernobyl in 1986 and the partial melt-down at Three Mile Island in 1979, suggest a probability of one melt-down every 14 years.
South Carolina, North Carolina, Virginia, Maryland, Delaware, New Jersey, Pennsylvania, New York, Connecticut, Massachusetts, and Vermont, August, 2011. Hurricane Irene covered an area of approximately 170,000 square miles, or about the size of California.”
Washington, DC, December. 2011. After 4,000 Americans were killed, about 50,000 were wounded, and $1 trillion was spent over 8 years, President Obama ended the American mission in Iraq that Congress authorized in October, 2002, President Bush started in March, 2003 and declared “Accomplished” in May, 2003 (for a timeline, click here).
Washington DC, Abbottabod, Pakistan, May, 2011, American soldiers, on orders from the White House, found and killed Osama bin Laden in a compound in Pakistan (NY Times, click here).
Yemen, In summer, 2011, American military forces, using a drone aircraft piloted from the ground via remote control, from the ground, targeted and killed Anwar al Awlaki, an American born Al Queda operative in Yemen (NY Times, click here).
The hacking group “Anonymous” broke into the computers of the security consulting group “Stratfor” and found 44,188 Encrypted Passwords, of which roughly 50% could be easily cracked. 73.7% of decrypted passwords were weak” (NPR, click here).
The “Stuxnet” computer worm virus, harmelss on PC’s runing MS Windows, Mac OS X, and Linux, and other computers, appears to have targeted centrifuges used in the Iranian uranium enrichment facilities. While the viruses were discovered in 2010, they became understood in 2011. The virus caused the centrifuges to spin out of control, wrecking themselves (NY Times, here, NPR here, CNET here, Wikipedia here). Continue reading →

"Three Meltdowns at Fukushima" – Washington Post

Tweet The earthquake and tsunami that occurred in Japan has led to what the Washington Post now describes as three nuclear meltdowns (here).

“Japan has been bracing for major aftershocks since the 9.0-magnitude earthquake March 11 triggered a powerful tsunami, creating one of the largest disasters in this country’s history. The catastrophe left tens of thousands dead or missing, and scores more without homes or businesses. It also prompted the most serious nuclear crisis in a quarter century at the Fukushima plant, where three reactors sustained meltdowns.” Chico Harlan, July 9, 2011, “7.0 Aftershock Hits Japan Coast,” in the Washington Post, 7/9/11.

Fort Calhoun Nuclear Plant – Update

in the Missouri River

Tweet The flooded Fort Calhoun nuclear power plant is not exactly like the nuclear plants at Fukushima Daichi and Fukushima Diana. There are three main differences: First of all, there’s one plant, not 12. The difference of scale is tremendous. Secondly, it was offline – shut down for refueling – when flooded. Meaning, we got lucky, really lucky. Finally, it was hit by the gradually increasing pressures of rising floodwaters, not by an earthquake, a tsunami, and aftershocks. This is huge!

Steve Everly, at the Kansas City Star, reported that David Lochbaum of the Union of Concerned Scientists was “Reassured.” (here). I spoke to Mr. Lochbaum about the flooded plant on June, 29, 2011.

Most of the releases of radioactive material, generally tritium and tritiated water, occur when plants are online. Because the plant was offline, very little radioactive material has been released into the biosphere as a result of the flooding. While it is easy to filter heavy metals, it is very expensive to isolate tritiated water from water.

The damages due to the flooding are likely to be in the ballpark of $1,000,000 per day in lost revenue – $23 Million since June 6 – because the plant produces power worth about $1,000,000 per day. The buildings that have been damaged are collateral buildings, not the reactor itself. Those buildings would be less expensive to repair than the reactor.

At 35 years old, the plant is near the end of its design life. While we can engineer plants that are as safe as the NRC requires, new wind, solar, geothermal, hydro, and efficiency cost less than new nuclear or coal with carbon sequestration. Safety, security, and waste management are not the challenges with sustainable technologies that they present with nuclear and coal. Therefore, it seems logical to consider that once it is decommissioned, the plant will be replaced with wind, solar, geothermal, hydro, and efficiency.

Continue reading →

GDP or GPI? – My metric is better than yours.

As any freshman economics student should know, the Gross Domestic Product, GDP, is a measure of spending, derived from the Gross National Product, GNP, defined by Simon Kuznets during the Depression (click here for econlib). GDP is, at best, an indirect measure of wealth. The Genuine Progress Indicator, GPI, defined by Think Progress in 1995, measures genuine progress.

Consider the case of Joeseph Q. Bloggs, MBA, J.D., Esq., an investment banker. Bloggs has a J.D. from Harvard or Yale, an undergrad degree from Princeton, Dartmouth, Cornell, or another ivy league school, and a high school diploma from the Citadel or an acclaimed private school. As with his colleagues on Wall Street, he is self-proclaimed “Master of the Universe.” He leaves work one night after negotiating a highly leveraged hostile takeover, buys a Lamborghini, and rents the time of an expensive “friend.” He buys her an expensive outfit, and takes her to dinner at an the Four Seasons, or a similar expensive restaurant. He has a few drinks before dinner, a bottle of wine with dinner, and a glass or two of port after dinner. On the way to the Hamptons, he crashes his Lamborghini into a Ferrari driven by another lawyer / banker / actor / “Master of the Universe.”

Continue reading →