Georgia Power and The Southern Companies Make A Huge Mistake – Nuclear power is expensive

I feel sorry for the electric customers in Georgia. While everyone else in the nation is busy implementing the new Carbonless Economy or going green; Georgia Power is going (pick a color, say) BLACK. With estimated cost ranges of 4 – 8 billion $$, are they, what (?), shocked they got no bids. You can see the future in your little 8 Ball…Let’s see, cost overruns, construction delays, and by the time it comes to fuel it – no uranium. Alberta just banned the mining of it. Australia is on its way to doing the same. Australia has seen the future and it is Hot Rocks. Drilling down to the Earth’s core. Not putting hot rocks in a reactor.

 http://www.bizjournals.com/atlanta/stories/2008/05/05/daily56.html?ana=from_rss

Wednesday, May 7, 2008

Georgia Power nuclear proposal rolls along

Atlanta Business Chronicle

eorgia Power reported Wednesday it has garnered no bids from its 2016-2017 base load capacity request for proposals.

Two weeks ago, it signed an engineering, procurement and construction contract with Westinghouse Electric Co. and The Shaw Group Inc.‘s Power Group. At that time, Georgia Power said it would submit a nuclear self-build option for consideration. Georgia Public Service Commission (PSC) rules require market bids to be compared with self-build proposals, but no market bids were received, Georgia Power said.

Georgia Power, a unit of Atlanta-based Southern Co. (NYSE: SO), said the self-build nuclear proposal will be reviewed by the Georgia PSC’s independent evaluator before the company submits a final recommendation to the Georgia PSC on Aug. 1 for approval. A final certification decision is expected in March 2009.

If certified by the Georgia PSC and licensed by the Nuclear Regulatory Commission, the two Westinghouse AP1000 units, with a capacity of 1,100 megawatts each, would be built at the Vogtle Electric Generating Plant site near Waynesboro, Ga., and would be placed in service in 2016 and 2017.

“Demand for electricity continues to grow in the Southeast and in Georgia,” said Mike Garrett, Georgia Power president and CEO. “While we will continue to increase our emphasis on energy efficiency and renewable energy sources, we must also add large-scale base load generation to meet growing energy needs. While nuclear power plants cost more to build, they now have lower fuel and operating costs than fossil fuel plants. Nuclear energy would add needed diversity to Georgia Power’s fuel mix at a time when fossil fuel prices are increasing significantly.”


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Once you decide to be bad, I guess you might as well be very bad:

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http://www.cleanenergy.org/takeAction/detail.cfm?ID=65

WHY THE GEORGIA PSC SHOULD REQUIRE GEORGIA POWER TO PUT ENERGY EFFICIENCY AND RENEWABLE ENERGY AS A TOP PRIORITY:

  • Energy efficiency and renewable energy protect against increasing fossil fuel and natural gas prices
  • Hedge against energy supply shortages and disruptions
  • Avoid a growing dependence on natural gas
  • Reduce harmful air pollution and excessive water usage
  • Create local energy markets and increase employment
  • Avoid the high costs of building new conventional electric supplies.

Our Energy Security and Reliability is at Stake.

Currently, most of the energy used to power our homes and businesses comes from outside Georgia and the Southeast. There are no petroleum, natural gas, or uranium mines and reserves in the Southeast. According to the Energy Information Administration, Georgia’s electric power sector spent approximately $1.5 billion buying out of state coal and natural gas in 2003.(1)

Businesses and the Public Pay the Heavy Price.

Georgia and its utilities lag behind much of the country in investments in energy efficiency.  There is a lot of wasted energy that all utility customers must pay for when the utility builds more transmission lines and power plants than are necessary.  As fuel costs increase, consumers pay even more for this wasted energy.

Air Quality and Human Health Suffer.

Our current energy supply causes a great deal of damage to our health. Here are a few examples of the effects:

  • Soot and smog-forming nitrogen oxides are created from fossil fuel plants and engines.  These can harm children’s lung development and lead to asthma attacks, heart attacks and stroke.
  • Coal fired power plants release air-borne mercury that ends up in lakes, rivers and streams.  Neurological damage is linked with eating mercury-laden fish.
  • Tritium, a radioactive isotope of hydrogen that is produced at all nuclear reactors, acts like water in the body and can pass across the placenta to affect a developing fetus.

Water for Coal and Nuclear Plants Competes with Cities, Businesses and Farms.

Coal and nuclear power plants are heavy water users.  In 2001 nuclear Plant Vogtle used approximately 64 million gallons of water a day from the Savannah River and only returned 21 million gallons per day.  Coal plant Scherer withdrew 59 million gallons of water a day from Lake Juliette (2).  These and other fossil fuel and nuclear plants compete with local industries—from the carpet industries of Dalton to the peach growers in Tifton—for much needed water.  The burden that our energy system places on the state’s water supplies will become even more severe if Georgia Power’s proposed plans for new power plants are carried out.

GEORGIA’S UTILITY REVIEW PROCESS:

Georgia law requires that Georgia Power submit an Integrated Resource Plan (IRP) to the Georgia Public Service Commission (PSC) every three years for approval. The PSC is charged to review the company’s plan and to approve it or require revisions.

The centerpiece of the Georgia Power plan:

  • Build new nuclear reactors at Plant Vogtle near Augusta which would divert massive amounts of water away from the Savannah River, competing with other needs, as well as create more radioactive waste that cannot be disposed of safely; 
  • Expand and upgrade its transmission lines to support several new power plants and increased electricity demand;
  • Build a new gas pipeline through properties from Union City to Smyrna.

The secondary part of the plan includes:

  • Minimal energy efficiency measures through “pilot programs” with limited investment;
  • Develop only about 200 MW of new renewable energy that amounts to less than 1% of Georgia Power’s current energy capacity (most of the company’s “green power” is currently landfill gas).

To view Georgia Power’s proposed plan and responses by independent experts, go to http://www.psc.state.ga.us/ (enter #24505 in the docket search box, and view documents filed on Jan. 31, 2007 by the company and documents filed by other parties on May 4 and May 7). 

Then There Is What We Do To The Soldiers

http://www.globalresearch.ca/index.php?context=viewArticle&code=TUC20061029&articleId=3620

Depleted Uranium Death Toll among US War Veterans Tops 11,000

Nationwide Media Blackout Keeps U.S. Public Ignorant About This Important Story

Global Research, October 29, 2006

American Free Press

The death toll from the highly toxic weapons component known as depleted uranium (DU) has reached 11,000 soldiers and the growing scandal may be the reason behind Anthony Principi’s departure as secretary of the Veterans Affairs Department.

This view was expressed by Arthur Bernklau, executive director of Veterans for Constitutional Law in New York, writing in Preventive Psychiatry E-Newsletter.

“The real reason for Mr. Principi’s departure was really never given,” Bernklau said. “However, a special report published by eminent scientist Leuren Moret naming depleted uranium as the definitive cause of ‘Gulf War Syndrome’ has fed a growing scandal about the continued use of uranium munitions by the U.S. military.”

The “malady [from DU] that thousands of our military have suffered and died from has finally been identified as the cause of this sickness, eliminating the guessing. . . . The terrible truth is now being revealed,” Bernklau said.

Of the 580,400 soldiers who served in Gulf War I, 11,000 are now dead, he said. By the year 2000, there were 325,000 on permanent medical disability. More than a decade later, more than half (56 percent) who served in Gulf War I have permanent medical problems. The disability rate for veterans of the world wars of the last century was 5 percent, rising to 10 percent in Vietnam.

“The VA secretary was aware of this fact as far back as 2000,” Bernklau said. “He and the Bush administration have been hiding these facts, but now, thanks to Moret’s report, it is far too big to hide or to cover up.”

Terry Johnson, public affairs specialist at the VA, recently reported that veterans of both Persian Gulf wars now on disability total 518,739, Bernklau said.

“The long-term effect of DU is a virtual death sentence,” Bernklau said. “Marion Fulk, a nuclear chemist, who retired from the Lawrence Livermore Nuclear Weapons Lab, and was also involved in the Manhattan Project, interprets the new and rapid malignancies in the soldiers [from the second war] as ‘spectacular’—and a matter of concern.’ ”

While this important story appeared in a Washington newspaper and the wire services, it did not receive national exposure—a compelling sign that the American public is being kept in the dark about the terrible effects of this toxic weapon. (Veterans for Constitutional Law can be reached at (516) 474-4261.)

 Global Research Articles by James P. Tucker Jr.

They Died For You – Energy Warriors

http://www.cdc.gov/niosh/pgms/worknotify/uranium.html

2000

The National Institute for Occupational Safety and Health (NIOSH) is a part of the US Public Health Service (PHS). The PHS and NIOSH have conducted a series of studies since 1950 on the health of uranium miners. The following has information about the results of the latest study.

Background

The PHS began the study in 1950 because of concerns that uranium mining causes lung cancer. (We know that miners were not informed of these concerns at the time). We call it a mortality study because it looks at whether miners have been dying of certain diseases at a higher than normal rate.

NIOSH researchers took over the study in the 1970s, and it has been “updated” several times. The following describes the results of the most recent update.

How the Study Was Done

The mortality study did not include all uranium miners. The study group was only made up of uranium miners who worked underground for at least one month. Also, each miner must have taken part in at least one of the medical exams conducted by the PHS between 1950 and 1960.

First we obtained miners’ work histories. We obtained smoking histories from the medical exams. Next we used death certificates to find out what miners died from. Then we compared the death rates in miners to death rates in the general population of the mining states. The rates in the general population gave us the number of expected deaths in miners. When the number of deaths in miners is greater than the expected number, then an association with mining is suspected.

Because death rates are different for people of different races, we did one study on 3,238 white miners. We did a second study on 757 Native American, African American, and Asian miners. (All but 4 of the 757 miners were Native Americans, mainly Navajo). The following will review the results from each study.

Radon Gas and “Radon Daughters”

From the start, radioactive radon gas and radon “daughters” in the air were suspected as the cause of the lung cancer. Radiation can be thought of like invisible radio waves (only radio waves are harmless) or like specks of dust so tiny they are invisible. We estimated how much of the radon daughters each miner was exposed to by a unit called the working level month. We then looked to see if death rates increased with higher working level months.

This exposure-response relationship is strong evidence of an association between disease and exposure. It is used to show that the longer a miner is exposed to radon gas, the greater may be the risk of lung cancer.

Results for White Uranium Miners

The study looked at all causes of death. Only the causes of death listed below were significantly above normal. The results for all other causes of death were within the normal range.

  • We found strong evidence for an increased risk for lung cancer in white uranium miners. We expected about 64 deaths, but found 371. This means we found about 6 times more lung cancer deaths than expected.There was an exposure-response relationship with exposure to radon daughters in the mines. When radon daughters are breathed in, they decay radioactively in the lung. This can cause lung cancer.
  • We also found strong evidence for pneumoconiosis, a type of lung disease (other than cancer) which is caused by dust. We expected less than 2 deaths, but found 41. There were about 24 times more of these deaths than expected.This category includes silicosis, a disease caused by breathing in a particular mining dust, silica. Silicosis causes scarring of the lung and severe breathing problems. The risk of these lung diseases was greater the longer miners had worked in the mine.
  • We expected to see about 3 ½ deaths from the infectious lung disease tuberculosis (TB), but we saw 13. This is about 4 times more deaths than expected. This could have been related to the silicosis. People with silicosis are more likely to get TB.
  • We expected to see about 22 ½ deaths from emphysema but found 56. This is 2 ½ times more deaths than expected. Some of this result could have been related to cigarette smoking. People who smoke are more likely to get emphysema.
  • We expected to see about 68 deaths from injuries and found 143. This is over 2 times more deaths than expected.
  • We also saw a greater risk of deaths from the categories “benign and unspecified cancers” and “diseases of the blood”. Both of these categories had small numbers of deaths. Therefore, it is possible that the increased risk may not be due to mining.
  • Finally, we saw a greater risk for “all deaths combined”. We expected 986 deaths and found 1,595. This is 1 ½ times more deaths than expected.

Results for Non-White Miners

The study looked at all causes of death. Only the causes of death listed below were significantly above normal. The results for all other causes of death were within the normal range.

  • We found strong evidence for an increased risk for lung cancer in non-white uranium miners. We expected about 10 deaths, but found 34. This means we found over 3 times more lung cancer deaths than expected.There was an exposure-response relationship with exposure to radon daughters in the mines. When radon daughters are breathed in, they decay radioactively in the lung. This can cause lung cancer.
  • We also found strong evidence for pneumoconioses and other lung diseases (other than cancer). We expected about 8 deaths, but found 20. This means there were about 2 ½ times more of these deaths than expected.This category includes many different diseases. They include silicosis. a disease caused by breathing in a particular mining dust, silica. Silicosis causes scarring of the lung and severe breathing problems. The risk of these lung diseases was greater the longer miners had worked in the mine.
  • We expected to see about 4 ½ deaths from the infectious lung disease tuberculosis (TB), but we saw 12. There were about 2½ times more of these deaths than expected. This could have been related to the silicosis. People with silicosis are more likely to get TB.

They Died For You – Energy Warriors

http://www.hcn.org/servlets/hcn.Article?article_id=16931

Fatalities in the energy fields: 2000-2006

At least 89 people died on the job in the Interior West’s oil and gas industry from 2000 to 2006, in a variety of accidents, including 90-foot falls, massive explosions, poison gas inhalations and crushings by safety harnesses. Some states choose to have the federal government handle worker safety regulation, and some create state agencies to handle it; all the agencies tend to go by the nickname OSHA, after the federal Occupational Safety and Health Administration.

Some fines in the cases listed below are not directly related to fatalities; sometimes investigators notice unrelated safety violations when they visit workplaces where workers have died.

This list is almost certainly incomplete, due to loopholes in requirements for reporting fatalities.

The list below includes the victims’ names, age at time of death, date of the accident, company(s) involved, a description of the accident, and fines, if any. Names with hotlinks connect to .pdf’s of complete OSHA incident reports.

COLORADO

Ricky Erb, 19 11/27/06 Schneider Energy Services
Head injury, blown out of 5-foot hole when a reportedly 40-year-old pipeline Pending ruptured. He and rest of crew were using a cutting tool to open the pipeline, and they didn’t expect it to contain pressurized gas.

Jacob Farmer, 19 11/16/06 Leed Energy Services Inc.
Struck by falling pulley on a well-servicing rig. The victim’s father works in oil and gas. Pending

Phillip Smith, 44 11/6/06 Easy Street Crane Service
Crushed by truck. Pending

Joshua Arvidson, 24 1/25/06 Calfrac Well Services Ltd.
Engulfed by 40,000 pounds of sand in a storage bin. $27,825

Zac Mitchek, 42 11/25/05 Patterson-UTI Drilling Co.
Electrocuted while doing maintenance on a light plant for a drill rig. $11,900

Larry Hill, 42 11/7/05 Union Drilling Inc.
Fell 55 feet from platform on drill-rig derrick while handling hoisted drill pipes. OSHA said the company did not ensure that the worker was using proper fall-protection gear. $19,990

Randall Taylor, 62 8/14/04 Wolverine Drilling Inc.
Crushed by pulley system that collapsed from top of derrick while rig was trying to lift 270,000 pounds of drill pipe from a hole 8,400-feet deep. OSHA issued violations for unrelated problems. $4,560

Scott Nelson, 26 6/1/04 Union Drilling Inc.
Crushed when the top of a drill rig collapsed. OSHA estimated the rig was built in the 1970s and said a faulty weld failed under the strain of more than 300,000 pounds of drill pipe. $18,225

Big Oil And The Gasoline Refiners Don’t Make Excess Profits? What a load of crap

Finally Dave Sykuta and the Illinois Petroleum Council have the nerve to tell us that they are making themselves rich at our expense. The Saudia’s, the Russian’s and the Venezuela’s are making billions, and the Oil Refiners are making 100s of millions of $$$ and he shuffles out the old “percentage of profit” arguement. Which any rich person does to make it look like they ain’t ripping you.

 ** The final factor in gasoline prices are earnings.  Major oil companies earned a little above the U.S. industrial average, 8.3 percent, on gasoline for 2007. No doubt, 8 percent earnings represent billions in profit. However, consider that oil companies are large due to their financial commitments, such as alternate fuels ($100 billion since 2000) and clean fuel technology ($65 billion since 1999). Moreover, between 33 percent and 37 percent of gross industry revenues are paid back to government in taxes. And while conspiracy theorists love to think dark thoughts about 8 percent earnings, the reality is that over 65 percent of oil industry assets are held by pension plans, IRAs and 401(k)s.  Industry executives hold less than 2 percent. When the “Who owns Big Oil?” question is raised, the answer is usually “You do!”

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When in fact the Oil Companies themselves were saying something different:

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http://www.iht.com/articles/2008/02/17/business/rnrgoilcos.php

Despite record profits, oil companies find little comfort in high prices

By Christopher Knight

Published: February 17, 2008

PARIS: As crude oil prices topped $100 a barrel in January, some of the world’s major oil companies rang up annual profits that beat the bottom lines of any other company, in any other line of business. Yet, despite appearances, industry analysts are not rushing to pat the majors on the back.

Exxon Mobil, the largest oil company, reported at the start of this month a record 2007 profit of $40.6 billion, earnings that trounced any other company. Royal Dutch Shell reported the largest earnings of any company in Britain, at about $31 billion.

But amid rising consumer resistance to high prices of gasoline and other refined products, analysts and even some oil company executives have a hard time putting a positive spin on the future.

“As far as the outlook, it is pretty horrible,” said Peter Hitchens, an oil analyst at Seymour Pierce in London.

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So why is Dave using the figure 8.2 %. Well because he knows that NO small business could get by on that. Heck not even a multi-state or a medium sized business could make it for long. So he knows that business men and women will cringe. But a for a world-wide international Corporation the size of Chevron or BP that is incredibly wrong. They made so much money that they don’t know what to do with it and it’s all coming out of MA and PA America. 

Then he has the gall to say that they pay taxes, when what he is actually counting are Taxes that you pay at the pump as their taxes. 

Finally he ends by claiming that WE the American People own the oil companies. While some long standing pension funds have oil stock. The price of Big OIL stocks has been out of the range of the middle class and modest investor for years. Only the supper rich trade those stocks now. For instance: 

query.nytimes.com/gst/abstract.html?res=FB0712FC3F5F13738DDDA90B94D1405B868DF1D3

  ROCKEFELLER GAINS $8,000,000 MORE; Yesterday’s Advance in Standard Oil Stocks Shows an Increase of $32,000,000. THEIR VALUE $2,027,516,000 Market Worth of All Subsidiaries at Close of Day Is Double the Debt of the United States. ROCKEFELLER GETS $8,028,000 IN DAY 

http://seekingalpha.com/article/24347-oil-vs-energy-stock-prices-something-s-gotta-give

  The charts below show the ratio between the price of the S&P 500 Energy stock sector and the price of crude oil per barrel. The ratio is clearly at its highest level in the past three years, meaning that oil stocks have not fallen as fast as the price of the actual commodity during the current decline. So either the stocks are due to play catch up, or the decline of oil is a bit overdone.  oilvsoilstocks.jpg

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Big Oil Charges Us To Maintain Their Gas Stations – And blame Walmart and other retailers for the volitility

Who really believes this? Normally profits are used for maintaining merchandising outlets. These guys are so greedy that they don’t even do that. And note he admits (and kinda seems proud of the fact) that some gas station’s margins are so thin that they make more money off everything but gas. In other words, the Big Oil people have taken the profits for themselves and left independent gas station owners to get by on the sale of snacks. These guys remind me of profit vacuum cleaners. They suck up every penny they can get. Maybe we should put a plug in it.

 ** The fourth-biggest factor in prices is the cost to establish and maintain the retail outlet. There are more than 5,000 service stations in Illinois and most experts believe gasoline sales are often a “loss leader.” Springfield is increasingly affected by large general retail chains selling gasoline.  Most experts conclude these “new era” marketers sometimes offer lower prices, but cause significant price volatility. My experience tells me many consumers are more upset about volatility than the actual price. Unfortunately, I don’t see price volatility going away.

www.ethosnw.com

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smartmortgageadvice.wordpress.com

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www.flickr.com

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www.flumesday.com

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You pays your money and youse take your chances.

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