Trump's corporate tax cut is the largest in US history, but it's another giveaway to the top 10%, including himself. It comes with no constraints so it will be spent on more stock buybacks and bigger bonuses. If you want a place at the table, you're going to have to fight for it; otherwise, you can stay below with the rest of the dying middle class and lick up the crumbs.
Nuclear Update: Fukushima Unit 4 Is Sinking (Unevenly) ... Fracking Now Allowed within 500 FEET of Nuclear Plants
The NRC won’t even begin conducting its earthquake study for Indian Point nuclear power plant in New York until after relicensing is complete in 2013, because the NRC doesn’t consider a big earthquake “a serious risk”
Congressman Markey has said there is a cover up. Specifically, Markey alleges that the head of the NRC told everyone not to write down risks they find from an earthquake greater than 6.0 (the plant was only built to survive a 6.0 earthquake)
We have 4 reactors in California – 2 at San Onofre 2 at San Luis Obisbo – which are vulnerable to earthquakes and tsunamis
For example, Diablo Canyon is located on numerous earthquake faults, and a state legislator and seismic expert says it could turn into California’s Fukushima:
On July 26th 2011 the California Energy Commission held hearings concerning the state’s nuclear safety. During those hearings, the Chairman of the Commission asked governments experts whether or not they felt the facilities could withstand the maximum credible quake. The response was that they did not know.
Chesapeake Energy has a permit to frack just one mile from the Beaver Valley Nuclear Power Station in Shippingport. Whether that is cause for alarm, experts can’t say.
“Hydraulic fracturing near a nuclear plant is probably not a concern under normal circumstances,” [Richard Hammack, a scientist at the Department of Energy’s National Energy Technology Laboratory] said. “If there is a pre-stress fault that you happen to lubricate there (with fracking solution), that is the only thing that might result in something that is (seismically) measurable.”
That’s not very reassuring, given that “lubrication” of faults is the main mechanism by which fracking causes earthquakes. (Indeed, the point is illustrated by the analogous fact that leading Japanese seismologists say that the Fukushima earthquake “lubricated” nearby faults, making a giant earthquake more likely than ever.)
And as Akron Beacon Journal notes, fracking is allowed with 500 feet of nuclear plants:
“We’re not aware of any potential impacts and don’t expect any,” said FirstEnergy spokeswoman Jennifer Young today. “We see no reason to be particularly concerned.”
[But] experts can’t say if the proposed well so close to two nuclear power plants is cause for concern.
DEP spokesperson John Poister told the Shale Reporter that there are no required setbacks specifically relating to a required distance between such shale wells and nuclear facilities, just a blanket regulation requiring a 500-foot setback from any building to a natural gas well.