• 4 minutes Is The Three Gorges Dam on the Brink of Collapse?
  • 8 minutes The Coal Industry May Never Recover From The Pandemic
  • 11 minutes China Raids Bank and Investor Accounts
  • 40 mins Sources confirm Trump to sign two new Executive orders.
  • 7 hours Why Wind is pitiful for most regions on earth
  • 1 hour During March, April, May the states with the highest infections/deaths were NY, NJ, Ma. . . . . Today (June) the three have the best numbers. How ? Herd immunity ?
  • 5 hours In a Nutshell...
  • 2 hours A Real Reality Check on "Green Hydrogen"
  • 5 hours Why Oil could hit $100
  • 3 days Joe Biden to black radio host, " If you don't vote for me you ain't black". That's our Democratic Party nominee ?
  • 4 days Happy 4th of July!
  • 3 days Putin Forever: Russians Given Money As Vote That Could Extend Putin's Rule Draws To A Close
  • 4 days Tesla Model 3 police cars pay for themselves faster than expected, says police chief
  • 3 days Putin Paid Militants to Kill US Troops
  • 1 day Coronavirus hype biggest political hoax in history
  • 3 days Apology Accepted!
Citigroup: Oil Will Never Return To $100

Citigroup: Oil Will Never Return To $100

Citigroup analysts said on Thursday…

Oil Giant Considers Drastic Move As Pandemic Persists

Oil Giant Considers Drastic Move As Pandemic Persists

Anglo-Dutch oil major Shell is…

The US Nuclear Regulatory Commission Suspends All Licensing Decisions

In response to the US Court of Appeals Waste Confidence Rule the US Nuclear Regulatory Commission has decided to suspend all licensing decisions until it completes a thorough analysis of, and create laws regarding, the environmental impacts of radioactive nuclear waste when it is either stored or disposed of.

Former NRC commissioner, Peter Bradford, defended the decision by saying that “the reactors awaiting construction licenses weren't going to be built anytime soon even without the court decision or today's N.R.C. action. Falling demand, cheaper alternatives and runaway nuclear costs had doomed their near-term prospects well before the recent court decision.”

19 licenses have been put on hold so far, including nine construction and operating licenses, eight license renewals, one operating license, and one early site permit.

The decision was made after 24 groups filed a petition in mid June asking the commission to freeze final licensing decisions.

Diane Curran, an attorney representing some of the groups , stated that “this commission’s decision halts all final licensing decisions – but not the licensing proceedings themselves. The decision would only last until the N.R.C. completes a thorough study of the environmental impacts of storing and disposing of spent nuclear fuel.” Expect another petition in the future if the licenses are ever approved.

By. Charles Kennedy of Oilprice.com



Join the discussion | Back to homepage



Leave a comment
  • Scottar on August 22 2012 said:
    This waste problem could have been taken care of with appropriate investment in breeder reactors like GE's PRISM, but thanks to the idiot, myopic former President Carter, he has perpetuated the problem for decades when he canceled the Breeder research project.

    We now have a similar idiot, Obama, who thinks windmills and solar PV arrays can give us the energy we need. He's even dumber then Carter was. But we have a nation of idiots who drink the koolaide.

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News