'Nuclear Energy'

Radioactive waste “Ponzi scheme” collapsing?

Posted on 30. Apr, 2017 by .

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Waste Control Specialists, LLC (WCS) has requested the U.S. Nuclear Regulatory Commission (NRC) temporarily suspend its review of the license application for a commercial irradiated nuclear fuel centralized interim storage facility in Andrews County, Texas.

Kevin Kamps, Beyond Nuclear’s Radioactive Waste Watchdog, stated: “This latest radioactive waste Ponzi scheme has collapsed under its own weight. In its request to NRC to suspend the proceedings, WCS acknowledged ‘enormous financial challenges.’ In other words, WCS’s financial assurances for the future, and financial status at present, are little more than a wobbly house of cards, that have now come crashing down.

First and foremost, although the nuclear power industry would never admit it, this is yet another clear sign that there is no good solution for the dilemma of its forever deadly high-level radioactive waste. For this reason alone, the four new reactors under construction in Georgia and South Carolina should be terminated, and (99) dangerously age-degraded atomic reactors, located in 30 states across the U.S., should be permanently shut down, as soon as possible. Their electricity can be readily replaced with clean, safe, and ever more affordable energy efficiency and renewable sources, such as wind and solar power.”  More

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