Categories
free trade & free markets ideological culture political economy too much government

Sweden’s Electric Sense

Common sense in Sweden! Energy in Sweden!

Under the policy of Sweden’s current government, the Swedish people are to be allowed to illuminate and heat their homes and do all the other things they use electricity for. The Swedish parliament has formally relinquished the government’s former target of somehow reaching “net-​zero” renewable energy by 2045.

Such unreliable means of generating power as erratic wind and erratic sunshine just don’t cut it, says Finance Minister Elisabeth Svantesson.

“We need more electricity production, we need clean electricity, and we need a stable energy system. In substantial industrialized economies … only a gas-​to-​nuclear pathway is viable to remain industrialized and competitive.”

The new energy policy is an about-​face for Sweden, which decided in the ’80s to nuke nuclear power and pursue 100 percent “renewable” energy.

Sweden is now following the lead of Finland. After Finland’s latest nuclear power plant went on line in April, reports Peta Credlin, “wholesale power prices dropped 75%, almost overnight. The Olkiluoto 3 plant is … delivering 15 percent of the country’s power needs. Nuclear now provides around half of the country’s total electricity generation.”

Nuclear power has gotten a bad rap in many countries, including the United States. But if societies and governments are rightly or wrongly determined to retreat from reliance on fossil fuels while also not pulling the plug on industrial civilization, a steady supply of electricity has to be obtained somehow or other.

Nuclear power is one major way to do the job.

This is Common Sense. I’m Paul Jacob.


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Categories
national politics & policies tax policy

Nixoned Nuclear Waste

The federal government, embodied in the U.S. Department of Energy, has been collecting money from ratepayers for three decades, with one set purpose: to pay for the safe disposal of nuclear waste.

And what does it have to show for it?

Nothing. Zip. Nada.

The Energy Department hasn’t done a thing to safely dispose of the spent uranium and other materials from the fission process used in American plants. The Yucca Mountain storage facility, where all this stuff was going to be buried, was nixed a few years ago, by the present Nixer-​in-​Chief (call him a “Nixon,” why not?) Barack Obama.

All it’s done is collect $37 billion.

You could say it has “hoarded” the money, but, this being the U.S. government, that money’s long been spent. On other, non-​nuclear-​waste-​related items. You know, wars and prescription drugs and Star Trek sets. Vital stuff, I’m sure.

Meanwhile, the nuclear power companies haven’t been sitting still. They’ve been sitting on their own stockpiles of waste — the security for and safety of which has been paid for by a variety of successful lawsuits against the federal government … for not picking up the garbage.

Now, there’s a new lawsuit, seeking to enjoin the feds from collecting any more of the funds that they obviously have no intention of spending according to plan.

Breach of contract? Fraud? Government as usual?

You decide.

Meanwhile, we who demand honest government wish the new lawsuit the best of luck.

This is Common Sense. I’m Paul Jacob.

Categories
initiative, referendum, and recall video

On the Road in South America, Part Three

Last Friday, at the 2012 Global Forum on Modern Direct Democracy in Montevideo, Uruguay, Paul interviewed Daniela Bozhinova, a Bulgarian Green Party and direct democracy activist. Daniela spent the better part of a year studying initiative & referendum in the United States as a Fulbright scholar and you might be surprised by what she has to say.

Paul returns from his South American travels today.

Categories
free trade & free markets national politics & policies too much government

America’s Dirty Nuclear Secret

Before Cherynobl, we could sort of dismiss nuclear power’s danger. Afterwards, we could still say “Well, that’s the Soviets, for you.”

Now, with the ongoing Fukushima Dai-​ichi disaster, the extent of what can go wrong is becoming horrifically clear, especially now that it looks like merely gaining control of the worst-​off reactor could take months, not days. 

It rightly makes us worry about the whole industry.

It’s a pity, too, because nuclear power concentrates its costs (spent fuel in containers) while providing enormous marketable benefits. Burning coal, on the other hand, disperses its “costs” in the form of pollution. Nuclear power would seem to be a perfect market solution.

But a “meltdown” — or just losing control of a fission process — concentrates harms in a manner hard to ignore or justify.

We hear that new nuclear tech is in development, and might become quite safe. But the promised extra-​safe variety is not yet online anywhere, yet. 

Why?

Could it be because government protects the currently unsafe technology? America’s nuclear power is protected from the rigors of risk as assessed by the cold, calculating insurance industry under 1957’s Price-​Anderson Nuclear Industries Indemnity Act, which shifts risk from investors to taxpayers in case of catastrophe.

Perhaps if that were repealed, better nuclear tech would emerge faster.

As it is, our old nuclear tech awaits a rare convergence of disastrous factors, like a major earthquake plus human error, or terrorism plus x.

This is Common Sense. I’m Paul Jacob.