13 March 2011

Republicans and Dems Agree on Nuclear Power in the U.S. in Spite of Japan

The Obama Administration and the Republican Senate Leadership finally found something that they can agree on: both sides are not willing to pull nuclear power off the table because of events in Japan.

“The President believes that meeting our energy needs means relying on a diverse set of energy sources that includes renewables like wind and solar, natural gas, clean coal and nuclear power," White House spokesman Clark Stevens is quotes as saying at thehill.com.

Meanwhile on the other end of Pennsylvania Avenue, Senate Majority Leader Mitch McConnell said, on Fox News Sunday, "This discussion reminds me, somewhat, of the conversations that were going on after the BP oil spill last year,I don’t think right after a major environmental catastrophe is a very good time to be making American domestic policy.” wsj.com

The sad thing is that this same group couldn't get it together to make any decisions on what to during the Gulf spill. At that time, the Administration suspended drilling and the Republicans wanted to poke new holes in the ground.

As far as oil goes, the Administration has authorized more drilling and the completion of several wells in the Gulf that had been started before the BP oil spill. And, while the Republicans try to gain political capital with the "Obama is to blame for high gas prices" story, neither side thinks that tapping into the Strategic Oil Reserve is a good idea.

In an earlier posting, I already talked about what is really causing the rise in gas prices. The reluctance on the part of both the Democrats and the Republicans is acknowledgment of what I said then: the fuel crisis is not being caused by a lack of oil, but by speculators.

So, where will nuclear power end up in the future after Japan? Probably, right where it was, on a slow track to reentering the American power grid, allowing us to be less dependent on oil, natural gas and coal to fuel our lights.

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