Shutting down nuclear plants is set to become a multi-billion dollar business. If that business fails, critics say, your tax dollars – and possibly your safety – could be on the line. Learn more in our USA TODAY NETWORK Northeast project, The Nuclear Option. The nuclear power industry is shrinking by the day. Some 20 reactors at 15 power plants across the U.S. have plans to shut down or are in the midst of being decommissioned, a process that traditionally takes decades. Now, a new crop of companies — fed by Wall Street speculators — are claiming they can cut that time to at least eight years, as they eye the $60 billion set aside in trust funds to handle the messy work of shutting down nuclear reactors. Two firms, Holtec International of Camden, New Jersey, and its rival, New York-based NorthStar Group Services, together with their partners, have been on a buying spree in recent years, snatching up power plants across the nation with the promise of quicker teardowns.
USA Today 19th June 2019 read more »
The Trump administration published – then swiftly deleted – a new document outlining a “disturbing” nuclear weapons doctrine adopted by the US Joint Chiefs of Staff. Titled Nuclear Operations, the 60-page document is the first of its kind in 14 years, and appears to mark a shift in US military thinking towards more offensive use of nuclear weapons, experts said.
Independent 20th June 2019 read more »