America’s abandonment of the Paris climate accord is best understood as a classic piece of Trumpian political theatre. The president claimed he wanted out of Paris because it would kill jobs in coal country and in American factories. While that argument is bunk, the real political message Trump wanted to deliver to his base – that he will stand up to those hypocritical Chinese who are building more coal plants even as they talk about leading on emissions cuts, as well as to Europeans who pontificate about global warming from posh salons kept safe by American military might – was made quite sharply. In political terms, it does not really matter if anything he says is true. It plays well among the home audience. In economic terms, however, the president, or more accurately Steve Bannon and others in the America First policy camp, are making a terrible decision if they think a nationalist energy strategy based on the dirtiest fossil fuels will make America stronger or safer.
FT 3rd June 2017 read more »
As the United States continues to grapple with long-term storage of highly radioactive spent fuel from the nation’s nuclear power plants, science watchdogs are warning of serious flaws with the current storage method, which involves densely packing the combustible spent fuel assemblies under at least 20 feet of water in pools located at individual plants while awaiting creation of a permanent repository.
Facing South 2nd June 2017 read more »