Clean Energy Insight - Moving Energy Forward

( By Mark Stewart ) [Approx. Read Time: 1.5 minutes]

There’s an interesting article at the American Spectator today regarding President Obama’s policy on Nuclear Power.  A few key excerpts from the Max Schulz article:

“Two examples have emerged recently giving credence to the notion that Obama’s energy policies are crafted to appease certain constituencies rather than effect the transformation to a post-carbon economy.

The first came two weeks ago when the Department of Energy abruptly turned down USEC, Inc.’s application for a $2 billion loan guarantee to help it finish building an advanced uranium enrichment facility in Piketon, Ohio. The plant was already under construction. Officials had every reason to believe the federal loan guarantee that would help nail down additional private funding was coming. After all, during the campaign last year Obama pledged his “full support” to the enrichment facility project. He promised, “I will work with the Department of Energy to help make loan guarantees available for this and other advanced energy programs that reduce carbon emissions.

So much for campaign promises. In late July the Obama Administration instructed USEC to withdraw its application, saying the company had failed to prove the enrichment technology was commercially viable. As a result, USEC announced it was demobilizing the project, and many employees could lose their jobs.”

At roughly the same time the Obama Administration reneged on his campaign promise to USEC, Senate Majority Leader Harry Reid was crowing that the White House privately has assured him it will eliminate funding for the proposed Yucca Mountain nuclear waste repository by 2011. The idea is to hamstring the Nuclear Regulatory Commission’s ability to complete its independent scientific assessment of YuccaMountain’s suitability to store high-level nuclear waste.

Obama is trying to kill Yucca Mountain by a thousand cuts. Unfortunately, he has not proposed any alternative for secure waste storage, aside from a promise to convene a blue-ribbon panel of experts to study an issue which the government has already spent tens of billions of dollars studying.”

Schulz, Senior Fellow at the Manhattan Institute, raises a good point about President Obama’s words compared to his actions. It is easy to make clean energy promises during a campaign, but following through on those promises is the only way to take a legitimate step towards a carbon-free economy.  We know the President can talk the talk, but will he walk the walk?