FacebookTwitterGoogle+RedditEmail

Trump has Plenty of Accomplices in his Reckless Energy Policies

Some 360,000 Americans now work in the solar industry, more than in nukes and coal combined. In fact, more Americans are now working in California’s solar industry than are digging coal nationwide. And the U.S. wind business now employs more than 100,000 people.

But President Donald Trump wants to change that. He has already slammed the solar industry’s growth by slapping a 30 percent tariff on imported Chinese panels, slowing installations nationwide.

He’s also contemplating using an obscure Korean War-era “emergency” ordinance that would let the government bail out money-losing coal and nuclear plants at the expense of renewables.

The idea was presented to Trump while he dined with a lobbyist from the infamous Akron-based FirstEnergy, whose bad business decisions have hung it with four crumbling, money-losing nuclear power reactors and some eighty obsolete coal burners.

More than half the nation’s ninety-nine licensed commercial reactors are now losing money. FirstEnergy’s Davis-Besse, near Toledo, Ohio; Perry, east of Cleveland, Ohio, and Beaver Valley 1 & 2, outside Pittsburgh, Pennsylvania, are bleeding radioactive red ink. One might expect “free market” corporate executives to cut their losses and let competition determine how our energy will be generated.

But FirstEnergy CEO Chuck Jones (annual salary: $8.7 million) has begged Ohio’s legislature and regulators to slap consumers with billions in higher electric rates. So far he’s failed, which is why he sent his lobbyist to dine with Trump.

Already, governments are doing what they can to prop up the nuclear power and fossil-fuel industries and damage the cause of renewable power.

Three nuclear reactors in Illinois have been granted a $200 million annual handout for the next decade. Pennsylvania and Connecticut may soon get soaked with massive rate hikes to keep reactors running there.

The New Jersey legislature has just approved spending $430 million over the next decade to run three more uneconomical reactors there, two at Salem and one at Hope Creek. Activists including actor Alec Baldwin have urged that state’s new Democratic governor to veto that proposal.

Throughout the United States, owners of even those few reactors that are still making money are poised to scam their way into compliant legislatures to see how much they can grab.

But the biggest nuke scam of all has been rammed through state regulatory agencies by New York’s “liberal” Governor Andrew Cuomo. Cuomo backs the 2021 shutdown of two decrepit reactors at Indian Point, saying they are too close to Manhattan to be considered safe.

But Cuomo wants ratepayers statewide to cough up a staggering $7.6 billion for four upstate reactors whose owners had them slated for decommissioning. To the astonishment of economists, ecologists, business and ratepayer groups, Cuomo’s hand-picked regulators approved the rip-off last year.

Nuclear opponents have gone to court to stop it. They argue that while less than four thousand jobs are tied to the reactors, many thousands more would be created by replacement wind and solar projects.

FirstEnergy’s scam is even more brazen. According to the Nuclear Energy Institute, the average reactor generally employs between four hundred and seven hundred workers. Some workers stay on long after shutdown to deal with issues of decommissioning and waste management.

But along with bailing out its four dying nukes, FirstEnergy wants a staggering $8 billion per year in above-market ratepayer fees for some 80 coal burners.

Rightwing think tanks like Heritage have joined financial and business groups in warning such rate hikes could decimate the area’s economy.

Meanwhile, a bitterly disputed “set-back” law has stopped some $4.2 billion in proposed wind projects along Ohio’s “north coast,” which is flat, windy, well-wired and full of farmers desperate for the projects to begin. But repeal has stalled, with tens of thousands of jobs and billions in income hanging in limbo.

They’ll all disappear if Trump and Energy Secretary Rick Perry approve FirstEnergy’s “emergency” bailout.

Last September, the Trump Administration approved another $3.7 billion in federal loans, on top $8.3 billion approved in the past, to sustain a scandal-ridden nuclear project in Vogtle, Georgia.

More recently, on May 10, Congress passed a new attempt to open the proposed Yucca Mountain waste dump. The plan to store some 70,000 tons of high-level commercial radwaste in an earthquake-riddled dormant volcano is overwhelmingly opposed by Nevadans and had long since been written off. But a bi-partisan House vote of 340 to 72 mandated that within 30 months the Nuclear Regulatory Commission must decide whether to license the facility. It now heads to the Senate, where Republicans may be hesitant to act because their cohort, Dean Heller of Nevada faces a tough re-election battle in a state where the dump is extremely unpopular.

As all of this plays out, tens of thousands of jobs hang in the balance. The nation’s entrenched fossil-nuclear corporate elites are more focused on propping up the industries of the past than embracing the technologies of the future.

More articles by:

Harvey Wasserman wrote SOLARTOPIA! Our Green-Powered Earth. His Green Power & Wellness Show is at www.prn.fm

September 24, 2018
Jonathan Cook
Hiding in Plain Sight: Why We Cannot See the System Destroying Us
Gary Leupp
All the Good News (Ignored by the Trump-Obsessed Media)
Robert Fisk
I Don’t See How a Palestinian State Can Ever Happen
Barry Brown
Pot as Political Speech
Lara Merling
Puerto Rico’s Colonial Legacy and Its Continuing Economic Troubles
Patrick Cockburn
Iraq’s Prime Ministers Come and Go, But the Stalemate Remains
William Blum
The New Iraq WMD: Russian Interference in US Elections
Julian Vigo
The UK’s Snoopers’ Charter Has Been Dealt a Serious Blow
Joseph Matten
Why Did Global Economic Performance Deteriorate in the 1970s?
Zhivko Illeieff
The Millennial Label: Distinguishing Facts from Fiction
Thomas Hon Wing Polin – Gerry Brown
Xinjiang : The New Great Game
Binoy Kampmark
Casting Kavanaugh: The Trump Supreme Court Drama
Max Wilbert
Blue Angels: the Naked Face of Empire
Weekend Edition
September 21, 2018
Friday - Sunday
Alexandra Isfahani-Hammond
Hurricane Florence and 9.7 Million Pigs
Andrew Levine
Israel’s Anti-Semitism Smear Campaign
Paul Street
Laquan McDonald is Being Tried for His Own Racist Murder
Brad Evans
What Does It Mean to Celebrate International Peace Day?
Nick Pemberton
With or Without Kavanaugh, The United States Is Anti-Choice
Jim Kavanagh
“Taxpayer Money” Threatens Medicare-for-All (And Every Other Social Program)
Jonathan Cook
Palestine: The Testbed for Trump’s Plan to Tear up the Rules-Based International Order
Jeffrey St. Clair
Roaming Charges: the Chickenhawks Have Finally Come Back Home to Roost!
David Rosen
As the Capitalist World Turns: From Empire to Imperialism to Globalization?
Jonah Raskin
Green Capitalism Rears Its Head at Global Climate Action Summit
James Munson
On Climate, the Centrists are the Deplorables
Robert Hunziker
Is Paris 2015 Already Underwater?
Arshad Khan
Will Their Ever be Justice for Rohingya Muslims?
Jill Richardson
Why Women Don’t Report Sexual Assault
Dave Clennon
A Victory for Historical Accuracy and the Peace Movement: Not One Emmy for Ken Burns and “The Vietnam War”
W. T. Whitney
US Harasses Cuba Amid Mysterious Circumstances
Nathan Kalman-Lamb
Things That Make Sports Fans Uncomfortable
George Capaccio
Iran: “Snapping Back” Sanctions and the Threat of War
Kenneth Surin
Brexit is Coming, But Which Will It Be?
Louis Proyect
Moore’s “Fahrenheit 11/9”: Entertaining Film, Crappy Politics
Ramzy Baroud
Why Israel Demolishes: Khan Al-Ahmar as Representation of Greater Genocide
Ben Dangl
The Zapatistas’ Dignified Rage: Revolutionary Theories and Anticapitalist Dreams of Subcommandante Marcos
Ron Jacobs
Faith, Madness, or Death
Bill Glahn
Crime Comes Knocking
Terry Heaton
Pat Robertson’s Hurricane “Miracle”
Dave Lindorff
In Montgomery County PA, It’s Often a Jury of White People
Louis Yako
From Citizens to Customers: the Corporate Customer Service Culture in America 
William Boardman
The Shame of Dianne Feinstein, the Courage of Christine Blasey Ford 
Ernie Niemi
Logging and Climate Change: Oregon is Appalachia and Timber is Our Coal
Jessicah Pierre
Nike Says “Believe in Something,” But Can It Sacrifice Something, Too?
Paul Fitzgerald - Elizabeth Gould
Weaponized Dreams? The Curious Case of Robert Moss
Olivia Alperstein
An Environmental 9/11: the EPA’s Gutting of Methane Regulations
FacebookTwitterGoogle+RedditEmail