Thursday, April 30, 2009
Discussion at Columbia: "Examining A Carbon-Free Alternative" - U.S. Nuclear Regulatory Commissioner, Dr. Peter Lyons - April 29th
Yesterday I attended a discussion by Peter Lyons, one of the four Commissioners of the NRC. Peter Lyons focused his discussion on the NRC's role as a regulatory agency for nuclear power reactors at the commercial and civilian level. According to the Atomic Energy Act of 1954, the NRC's duties include being able to "assure adequate protection of public health and safety in operation of nuclear generation". Other legislation, such as the National Environmental Policy Act is important in recognizing the duties of the NRC. The Institute of Nuclear Power Operations (INPO) is another agency that helps "promote excellence in the power of nuclear generation". Unlike the NRC, which has the authority to pull licenses and stop a nuclear plant from operating, the INPO has other ways of enforcing its rules. For instance, the INPO is the sole authority that decides the rates of insurance numbers for all operating plants, so complying within their guidelines is beneficial to the bottom line for all plants.
As most of you can imagine, building new nuclear plants is a daunting task. We have not seen a lot of new plant construction in the United States, and the last permit was issued decades ago in 1978. There are 104 plants operating in the US currently, and 120 plant orders have been canceled. So there are MORE plants canceled than even operating in existence in the US. Given the difficult process and approval schemes with regulatory, legal, and financing nuclear plants, it is extremely difficult to actually complete a nuclear plant and bring it online. In the nuclear generation community, it is well known that the process is extremely rigid and the chance of plants withdrawing midway through a project is the almost generally expected.
Many critics of nuclear energy say that the issues of safety, and nuclear waste are not worth the benefits of this carbon free energy source. However, in France and other countries, many of the nuclear plants reprocess their nuclear waste. This issue is yet to be decided in the United States. Other issues that come up are capital costs, project finance, and investments. Is there cash available to build these plants? And lastly, nuclear plants face Regulatory enforcements that they must comply with.
Renewable energy has become a popular topic in the Untied States and abroad. A lot of people are asking about nuclear power as an alternative energy source. We all know that France is a huge nuclear player and considering nuclear generation is carbon neutral (it does not produce any carbon emissions), many energy companies are fighting for the right to promote nuclear power as a renewable energy source. Other energy sources have a high carbon footprint, and given the cap and trade scheme that may possibly play out this next year in the United States, this could be a huge selling point. Peter Lyons talks about a possible nuclear Renaissance emerging worldwide as the public tries to understand the pros and cons of nuclear power when comparing it to other types of power generation.
The challenges in the future of nuclear power are 1) technology (both current and digital), 2) Communications, and 3) Workforce. In the Technology department, we have very few digital monitors, and the government is very cautious in allowing digital control systems which introduces a new set of failures. In regards to Communications, we have several security issues with nuclear power and its challenging to inform the public without giving away some information that may be problematic for national security. The question remains, "how do we communicate to the topics of risk management, risk analysis, and radiation risks" in a world of potential international threats? And the third topic of discussion, is the workforce. The nuclear engineers in the world today are aging, and we are going to need a lot of new and enthusiastic talent to help lead the nuclear generation field. Our current system in the US is outdated and inefficient. The power plants were built in an earlier time and era and we face several challenges and difficulties as we try to reform legislation and technologies in preparing to build new plants.
Wednesday, April 29, 2009
The latest response from Congress: Waxman-Markey Climate Bill
The House has been trailing the Senate in talks of the cap and trade emissions scheme thus far, so it's refreshing to see the debate heat up in the House of Representatives in 2009 with Congressman Waxman. 218 members of the House have to pass in favor of the bill for it to move forward. It seems very likely that such a bill will pass with the support of Nancy Pelosi, the President, and the overwhelming Democratic House of Representatives. The negative effects of climate change and the need for a cap and trade scheme are important matters in our nation and we must lead the world towards containing carbon emissions and other greenhouse gases. I cannot wait to see what happens this year.
Tuesday, April 28, 2009
Videos from the Wall Street Green Trading Summit
Please check this link: http://www.global-change.com/content/videos-2009-wall-street-green-trading-summit
I recently interviewed some of the attendees at the Wall Street Green Trading Summit in NYC, and their responses can be heard when clicking on the video link above.
Interviews are with the following:
David Kirkpatrick, Partner, SJF Ventures
Arthur O'Donnell, Executive Director of the Center for Resource Solutions
Josh Margolis, Co-CEO, CantorCO2e
James Rhodes, Chief Operating Officer. GE/AES GHG Services, LLC
Friday, April 17, 2009
Deforestation - The Amazon Rainforest
I spent the last week in Buenos Aires, Argentina and came back with the realization that I may never get a chance to see some of the most beautiful historic landsites in South America. I've read a lot about Peru's Machu Picchu and Brazil's Amazon ranforest and I always planned to make a trip to visit these two sites, but with work and a lack of vacation time, my dream may never be realized for two reasons. One, I heard that Machu Picchu may close down because of all the tourists that are slowly destroying its landscape. And two, deforestation in the Amazon rainforest is rampant, which is disconcerting for a variety of reasons. The rainforest is one of the top free sources that captures carbon emissions throughout the world, and destroying it would mean that there would be an exponential increase in carbon emissions worldwide. Further, the act of deforestation emits carbon into the atmosphere, so in essence destroying the rainforest by deforestation is like winding a clock backwards.
According to the Huffington Post, new satellite dishes will keep track of the deforestation of the Amazon Rainforest so environmental agents and government officials will have a better way to deal with this type of destruction.
http://www.mongabay.com/brazil.html
Monday, April 6, 2009
Empire State Building is going Green!
New York City is planning on reducing the Empire State Building's energy consumption by 38% a year by 2013. Mayor Bloomberg's PlanNYC 2030 is a rather intensive plan to make New York City energy efficient. Some more information about this plan can be found at this site: http://www.nyc.gov/html/planyc2030/html/home/home.shtml.
Other buildings are going green as well. The reports about the new BofA green building in NYC caught some press earlier this year: http://www.metaefficient.com/architecture-and-building/update-bank-of-america-tower-greenest-skyscraper-in-us.html
In this link, http://www.greenbuildingsnyc.com/, you can find a number of different green building projects in the greater New York area.
Global Warming
The New Administration is prepared to mandate a federal cap and trade program in 2010.While the cap and trade will be on all GHG emissions, namely carbon dioxide, methane, nitrous oxide, and sulphur , the focus is on carbon dioxide - CO2. Carbon Dioxide is the GHG that is MOST responsible for global warming, so carbon allowances and carbon permits are the terms that the media keeps talking about.
GHG comes from a number of different sources. Here are some of sources for the most common human induced GHG emissions:
1.fossil fuels in cars
2.factories
3.electricity production.
4.methane released from landfills
5.agriculture - and the digestive systems of grazing animals
6.nitrous oxide from fertilizers
7.gases used for refrigeration and industrial processes
8.the loss of forests that would otherwise store CO2
GHG comes from a number of different sources. Here are some of sources for the most common human induced GHG emissions:
1.fossil fuels in cars
2.factories
3.electricity production.
4.methane released from landfills
5.agriculture - and the digestive systems of grazing animals
6.nitrous oxide from fertilizers
7.gases used for refrigeration and industrial processes
8.the loss of forests that would otherwise store CO2
Thursday, April 2, 2009
Video Game for the social activits
There is a new "social awareness video game" called Games for Change. This concept basically uses a video game to address issues like poverty, human rights, global conflict and climate change. I heard about it at a Wall Street Green Trading Conference.
http://www.gamesforchange.org/ourwork
Join, play, check it out!
http://www.gamesforchange.org/ourwork
Join, play, check it out!
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