WASHINGTON — In an effort to encourage nuclear power, Congress voted in 2005 to authorize $17.5 billion in loan guarantees for new reactors. Now, six years later, with the industry stalled by poor market conditions and the Fukushima disaster, nearly half of the fund remains unclaimed. And yet Congress, at the request of the Obama administration, is preparing to add $36 billion in nuclear loan guarantees to next year’s budget.
Even supporters of the technology doubt that new projects will surface any time soon to replace those that have been all but abandoned.
“My gut feeling is that there is going to be a delay,” said Neil Wilmshurst, a vice president of the Electric Power Research Institute, a nonprofit utility consortium based in Palo Alto, Calif. News on Thursday that Exelon Corporation, the nation’s largest reactor operator, planned to buy a rival, the Constellation Energy Group, only reinforces the trend; until late last year, Constellation wanted to build, while Exelon was firmly against it.
...
As the situation in Japan continues to deteriorate in the wake of Friday's massive 8.9 magnitude earthquake, the need for assistance has spurred a number of stars to reach out to fans to enlist their help.
Just days after announcing the initial dates of his first tour, the My Violent Torpedo/ Defeat Is Not an Option Show, troubled actor Charlie Sheen announced that he will be donating $1 from each ticket sold to the Red Cross Japanese Earthquake Relief Fund.
Linkin Park's Mike Shinoda has also gotten into the game quickly, designing T-shirts to benefit his band's Music for Relief charity. One shirt features the image of a paper crane-like white butterfly above the LP logo, and the other one reads "Not Alone" in a red, white and blue font. Donations of $10 can be made by texting "MFR" to 85944.
...
Everyone knows by now what is going on in Japan. The country wasn't only struck by a massive 8.9 magnitude earthquake and a huge Tsunami, it might also have to face a nuclear catastrophe. Most relief organisations have already started to help by appealing for donations. Donate here:
...