Nuclear Power

Look Ahead at Congress: Effects of Sequestration on the Energy Industry

Biofuels, Coal Power, Electric Vehicles, Energy Efficiency, Energy Storage, Fossil Fuels, Natural Gas, Nuclear Power, Oil, Power & Utilities, Renewables, Smart Grid, Solar Power, Wind Power

Sequestration refers to a package of automatic $1.2 trillion across-the-board spending cuts that is a part of the 2011 Budget Control Act (BCA), passed in August 2011.  The spending cuts would affect some 1200 government programs, including those that fund energy research and development initiatives. The cuts are scheduled to begin on January 2, 2013…...

MIT Study: Applying Carbon Tax Can Relieve US Budget Deficit

Biofuels, Carbon Markets, Coal Power, Electric Vehicles, Emissions, Energy Efficiency, Environmental Markets, Fossil Fuels, Natural Gas, Nuclear Power, Oil, Power & Utilities, Renewables, Smart Grid, Solar Power, Wind Power

According to a report released by Massachusetts Institute of Technology (MIT) on August 27, 2012, applying a carbon tax at the rate of $20 per ton in 2013 and increasing it by four percent per year can raise $1.5 trillion over a span of 10 years.  The report, which comes at a time when Congress…...

Expert Review Committee to Assess Hanford’s Waste Treatment Plant

Environmental Markets, Fossil Fuels, Nuclear Power, Power & Utilities

According to an announcement from the Department of Energy (DOE), Energy Secretary Steven Chu convened a group of technical experts on August 2, 2012 to review the Waste Treatment Plant (WTP) at Hanford Site, in order to assess its capability to detect and rectify equipment failure inside the plant’s black cells.  Due to high levels…...