New Nuclear Reactors:  A Risk to Our Economy,

Safety and Climate

 

1.  Current, aging plants are more dangerous than ever due to technical failures, cost-cutting pressures and unresolved design flaws.   In 2006 the Union of Concerned Scientists reported that 51 times, US nuclear plants have been shut down for over a year to restore minimum safety levels.  Extended outages would be even more likely with new designs that have never been built.

 

2.  A severe accident or terrorism anywhere in the world could cause new projects to fail in midstream.  Economic downturn, cash flow problems, or evolving energy markets could also leave billions in stranded costs – as happened in the 1980s in North Carolina when Duke Power and Progress/CP&L cancelled nine reactors. 

 

3.  Nuclear plants are vulnerable to terrorism and acts of insanity.  Due to industry pressure, the US Nuclear Regulatory Commission in January refused to require plant owners to defend against attacks by aircraft or more than a handful of attackers by ground.  (1/30/07 Associated Press, etc)

 

4.  The nuclear industry insists that taxpayers insure new reactors, belying their public relations about new designs being safer.  Federal studies (e.g. 1997 Brookhaven National Lab) show that nuclear plant accidents could cost a half-trillion dollars in off-site damage.

 

5.  The nuclear industry insists taxpayers give billions in subsidies for new plants, contradicting the claim that nuclear power is economical.  The cost is highly uncertain: Duke Energy CEO Jim Rogers testified at the NC Utilities Commission (1/19/07), predicting that if ever built, nuclear plants will cost at least 45% more than Westinghouse now claims.

 

6.  Nuclear plants are increasingly unreliable due to drought and heat waves.  The type of reactor at Harris, McGuire and Catawba uses 60 million gallons of water per day, and will suffer more costly shutdowns – as happening in Europe – as our climate warms.

 

7.  Pursuing new plants is squandering our chances to slow global warming.  Quicker, safer and much more economically sound ways to cut greenhouse gases already exist.  To hold carbon at year 2000 levels, up to 3,000 new nuclear plants would be needed  by 2050 (Council on Foreign Relations, April  2007), far exceeding global construction and financial capability – trillions of dollars.  Also, though less than coal power, nuclear plants generate large amounts of greenhouse gases during construction and the energy-intensive fuel cycle. 

 

8.  There is no waste solution in sight.  Pro-industry NRC Commissioner Ed McGaffigan recently admitted the proposed Yucca Mountain dump project is very unlikely to be finished (1/23/07 Las Vegas Review-Journal, etc).   Even if Yucca ever opens, highly radioactive “spent” fuel rods will be stored at Shearon Harris and other NC plants for decades. 

 

9.  The industry controls the regulator and the process.  The new licensing process would prevent local or state governments from challenging deficiencies that arise during construction.  The US Nuclear Regulatory Commission is not an independent regulator.

 

10.  New plants are not needed.  An aggressive plan for energy efficiency, cogeneration and renewable energy can clearly meet realistic projections of electrical energy demand for far less money, while creating thousands of jobs dispersed across the state

 

NC WARN  919-416-5077ncwarn@ncwarn.org    www.ncwarn.org   rev. June 2007