Greg Palast; Obama gave 4b subsidy for new nuclear plants in US,.

[robinlynne]

the Japanese Electic OCmpany is in charge of overseeing the 2 new plants in teas, the same company which just gave us Fukushima.

On an interview late at night on tv last night, Greg Palast spoke about the fraud he uncovered in the nuclear plant construction industry in the US.
Apparently there is one company who builds the nuclear plants. They faked safety inspections and continue to build here. He says the nuclear industry would not even exist here if it were not for the billions of dollars in subsidies given by the federal government to build these plants. We are paying for them. In addition they have a 75 million dollar cap on accidents, so they have almost no liability for the real results of an accident. He said if that cap were removed now there would be no more nuclear plants built ever, because they would never take the risk of being responsible for paying for the harm they can cause. . We the taxpayers get to pay for the damage. And he said they are building 2 new plants in Texas right now, federally subsidized by obama,, and the electricity they produce will cost more than double the electricity produced by wind turbines in the same area of texas.
So the whole thing looks like a pure scam. if we are currently producing electricity safely, and much more cheaply, with clean technology, why are we investing billions into killing ourselves?

I may have some facts wrong. I think it is 4 billion. Saw it around midnight on tv.

[EFerrari]

1. What show was he on?

Greg Palast litigated this stuff in another life. I forgot about that. In fact, he was up against John Perkins of all people, at the time.

[robinlynne]

2. It was a news show called RT. on public television. KCET They now have a channel

with news coming in from all over the world, one hour it is from France, next hour from India, then Germany, etc. I never saw these shows before until I started watching al jazeera on public television, which started being broadcast regularly to cover Egypt. these other news hows either came after that or were always there and I never noticed before. I think RT is from Moscow, but this entire story, the interviewer, and Greg, were in New York.

[EFerrari]

3. Russia Today, maybe?

I think I only get Thom's show on that station via Free Speech TV. Maybe it's up on the net somewhere.

Thanks! :hi:

[TheWraith]

8. "Russia Today" is not a news show. They make things up.

And they've been repeatedly called out on it. But since they're not accountable for anything they say...

[upi402]

12. It's far more watched than even AJ English here

Americans are so media starved that we turn to RT (formerly Russia Today) which is 6.5 times more watched than #2 Al Jazeera English.

Steve Randall from Fairness & Accuracy In Reporting (FAIR) says these sources are the new CNN since the MSM has canceled the news, especially non-propaganda international news.

Until the Fairness Doctrine is re-established, and Clinton's Telecommunications Acts is nixed- where do people go? RT and AJ it seems.

[robinlynne]

13. Well Fox doesn't like them. They are the ones doing the "calling out". What do you think of FOx?

[readmoreoften]

14. So has the NYT and you don't bitch about them because you agree with their positions.

You've got to be kidding me.

[robinlynne]

15. Greg Palast does not make things up. I dont think there is a more thorough investigative journalist

in the world. you can bet he has facts to back up whatever he says.

[robinlynne]

4. RT= Russian television (from around the world)

This show always catches my eye because it is so liberal.

[robinlynne]

5. link to greg's interview. It is on the very bottom of the page, in video.

http://rt.com/usa/news/chernobyl-energy-debate-nuclear/

[EFerrari]

7. Great, thanks!

:hi:

[inna]

6. i think it's 40 billion, not 4.

another gigantic screw-up by this Administration.

[TheWraith]

9. No. None of those subsidies have actually been cashed in yet.

No, nuclear power does not cost twice what wind does. The costs are comparable in terms of actual megawatt-hours produced.

And no, there is no "75 million dollar cap on accidents." There's no cap on accidents, period, and no taxpayer money has ever gone to cover accidents.

Last but not least, "renewable energy" gets about $15 billion in subsidies per year--ones which are actually used, unlike the offers for new nuclear plant construction. Still interested in letting the free market do everything?

[robinlynne]

11. and you know that there is no cap how? I dont believe Greg would go out in

public and lie and get sued. He is a rather serious investigator.

[upi402]

10. "There would be absolutely no nuclear power plant in the world without subsidies"

“It’s cheaper to use safer forms of electricity,” Palast said. “Nuclear power is way too expensive. What we are doing is subsidizing. There would be absolutely no nuclear power plant in the world without subsidies.”

http://rt.com/usa/news/chernobyl-energy-debate-nuclear/