The NY Times is reporting this morning that “a consortium of eight companies said on Thursday that it would spend about $100 million to prepare applications to build two nuclear reactors, in Mississippi and Alabama, a step that seems to move the industry closer to its first new reactor order since the 1970’s.”
Maybe it’s just me, but aren’t there more important things to think about building in the Gulf States right now? Considering that this announcement comes with the promise of Government funding, the question arises yet again, of the priorities of this administration.
The announcement was made by NuStart Energy, a consortium of companies that has substantial government financing. The consortium selected a site in Claiborne County, Miss., adjacent to Entergy Nuclear’s Grand Gulf reactor, and another in northern Alabama, next to the Tennessee Valley Authority’s long-abandoned Bellefonte nuclear construction project.
The Energy Department is committed to sharing costs to develop the two applications, and has agreed to pay the application fee, about $30 million, for one of them; the consortium is asking the department for money for the other. At the same time, Entergy announced that it would act on its own to develop an application for a reactor at a site next to its Waterford plant, in Louisiana.
The $30 million earmarked for this program would be far better spent rebuilding the Gulf Coast, repairing the levees, invested in a real Homeland Security program, helping Small Businesses devasted by Hurricane Katrina, and those soon to be devasted by Hurricane Rita, rather than lining the pockets of the Bush cronies that comprise the NuStart Energy consortium.