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Environment & Energy
In reply to the discussion: Our Atomic Dominoes are Falling [View all]kristopher
(29,798 posts)18. You understand the law less than you understand power systems
And that is saying a lot...
California's "Moratorium" on New Nuclear Power Plant Development
Since 1976, state law has allowed the permitting of new nuclear power plants in the state only if the California Energy Resources Conservation and Development Commission (known as the California Energy Commission or CEC) determines that the federal government has identified and approved a demonstrated technology for:
The construction and operation of nuclear fuel rod reprocessing plants.
The permanent disposal of high-level nuclear waste.
In effect, these two conditions have created a moratorium on the construction of new nuclear power plants in California as neither of these conditions has been met. Accordingly, no new nuclear plants have been constructed in California in over 35 years. (State law specifically exempted Diablo Canyon Power Plant and SONGS from these new requirements. Because no permanent disposal site for nuclear waste is now available in the United States, these facilities temporarily store their nuclear waste on site, either in water or in dry case cement casings.)
Since 1976, state law has allowed the permitting of new nuclear power plants in the state only if the California Energy Resources Conservation and Development Commission (known as the California Energy Commission or CEC) determines that the federal government has identified and approved a demonstrated technology for:
The construction and operation of nuclear fuel rod reprocessing plants.
The permanent disposal of high-level nuclear waste.
In effect, these two conditions have created a moratorium on the construction of new nuclear power plants in California as neither of these conditions has been met. Accordingly, no new nuclear plants have been constructed in California in over 35 years. (State law specifically exempted Diablo Canyon Power Plant and SONGS from these new requirements. Because no permanent disposal site for nuclear waste is now available in the United States, these facilities temporarily store their nuclear waste on site, either in water or in dry case cement casings.)
http://www.lao.ca.gov/ballot/2012/120640.aspx
The investors might be able to sue for losses associated with the mandated shutdown, but that is uncertain at best.
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I'd favour more research on how to reverse energy demand growth in general.
GliderGuider
Feb 2013
#14