American Thinker: Wasting Clean, Cheap Power
Thanks to the Alice in Wonderland world of "green" energy policy, Illinois electricity customers are going to be paying more, while a reliable and inexpensive source of clean clean power will be destroyed. It is now official that what used to be an imposing lake Michigan lakefront landmark for the City of Zion, and a source of most of its local tax revenue, will now be dismantled over the next decade.Carbon credit scam slur on Indian firms - Hindustan Times
On September 1st Chicago-based Exelon Corporation, the nation's biggest nuclear generator and owner and operator of six other Illinois nuclear plants, transferred the dual Zion Nuclear Plant licenses to EnergySolutions of Utah.
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The whole world is nuking up while the USA is nuking down. This nation will have a real energy crisis if the current trend continues.
If renewables were so great, why the need for government subsidies? The present emphasis on green and renewable energy sources as the way of the future, while treating increased nuclear development as a step-child, is certain to keep energy prices inflated and production at a disadvantage, for electric power is the engine that fuels the economy.
Members of a United Nations panel have charged that some Third World companies are producing far more of a deadly greenhouse gas than they need to, since burning the gas — and thus preventing it from entering the atmosphere — earns them carbon credits and hefty profits. These include five Indian companies: SRF Ltd, Chemplast Sanmar Ltd, Gujarat Fluorochemicals Ltd, Navin Fluorine International Ltd and Hindustan Fluorocarbons Ltd.
There is "overwhelming evidence that manufacturers are gaming the system... by producing more potent greenhouse gases, just so they can get paid to destroy them," climate researcher Eva Filzmoser wrote in a recent report placed before a UN committee.
The panel has specially zeroed in on one of the hydrofluorocarbons, HFC 23, the treatment of which has claimed more than half the carbon credits awarded by the UN so far, mostly to chemical plants in India and China which emit the gas as a by product.
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