Department Of Energy

"Government Ain't Fixable But It Will Correct!"

Government as we know it is doomed. It will not recognize this reality until markets and/or citizens force it. This time is likely close and the process will not be painless. The more government ignores what is inevitable the greater the pain will be. One hopes that civilization does not enter an economic and anarchical Dark Ages. To the extent that government refuses to respond to the fantasy world they have created, the more likely that is to be the outcome.

"This Is Catastrophic" - Thousands Of Gallons Of Radioactive Waste Leak At Nuclear Site

Thousands of gallons of radioactive waste leaked from the Hanford Nuclear Reservation Site in Washington State, as workers pumped sludge from the tank during the weekend. "This is catastrophic. This is probably the biggest event to ever happen in tank farm history. The double shell tanks were supposed to be the saviors of all saviors (to hold waste safely from people and the environment),” said former Hanford worker Mike Geffre.

Energy Wars Of Attrition - The Irony Of Oil Abundance

In the end, the oil attrition wars may lead us not into a future of North American triumphalism, nor even to a more modest Saudi version of the same, but into a strange new world in which an unlimited capacity to produce oil meets an increasingly crippled capitalist system without the capacity to absorb it. Think of it this way: in the conflagration of the take-no-prisoners war the Saudis let loose, a centuries-old world based on oil may be ending in both a glut and a hollowing out on an increasingly overheated planet. A war of attrition indeed.

The Looming Environmental Disaster In Missouri That Nobody Is Talking About

What happens when radioactive byproduct from the Manhattan Project comes into contact with an “underground fire” at a landfill? Surprisingly, no one actually knows for sure; but residents of Bridgeton, Missouri, near the West Lake and Bridgeton Landfills - just northwest of the St. Louis International Airport - may find out sooner than they’d like. For now, it’s startlingly apparent no one knows exactly what’s happening - though the smoldering below the surface doesn’t cease and floodwaters continue to rise.

Inspired By Game Of Thrones, TEPCO Resumes Building "Ice Wall" Around Fukushima

14 Months after abandoning the "Game of Thrones"-esque frozen-water-wall containment plan for Fukushima, Bloomberg reports that TEPCO expects to begin freezing a soil barrier by the end of the year to stop a torrent of water entering the wrecked Fukushima nuclear facility, moving a step closer to fulfilling a promise the Japanese government made to the international community more than two years ago. Officials noted, rather uninspiringly, the frozen wall, along with other measures, "should be able to resolve the contaminated water issues before the Olympic games."

Frontrunning: October 12

  • Central Bankers Urge Fed to Get On With Interest-Rate Increase (WSJ)
  • Bond Market Casualties Leading Biggest S&P 500 Revival Since '11 (BBG)... on hopes of more easing
  • U.S. Patrols to Test China’s Pledge on South China Sea Islands (WSJ)
  • Merkel Under Fire: German Conservatives Deeply Split over Refugees (Spiegel)
  • Assault Weapons Ban Before U.S. Supreme Court (NBC)
  • Hedge Funds Are Playing 'Dangerous Game' With Copper (BBG)

Is The U.S. About To Break One Of Its Own Nuclear Treaties?

Bill Richardson could teach Donald Trump something about the art of the deal. He has done a lot of them. At present Richardson sees one of his deals in jeopardy, and he was in Washington last week to raise the alarm, meeting privately with former colleagues and appearing at a press conference at the National Press Club. The deal in jeopardy involves a commitment he made, when he was secretary of Energy in the Clinton administration, with the Russians to dispose of weapons-grade plutonium, the long-lived ingredient in nuclear weapons.

The Worst Nuclear Disaster In US History That You’ve Never Heard About

The United States government deliberately hid “the worst nuclear disaster in U.S. history,” according to experts and an in-depth investigation by NBC4 Southern California. Whistleblowers have also come forward to expose the little-known catastrophe, which occurred north of Los Angeles in 1959 and leaked over 300 times the allowable amount of radiation into surrounding neighborhoods. That contamination is now linked to up to a 60% increase in cancer in the area, but the government still refuses to acknowledge its colossal mistake.