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Posts Tagged ‘NRDC’

The Gulf disaster, and the future of coal

Thursday, June 17th, 2010

If you like the BP oil spill…

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you’re going to love carbon capture and storage.

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Carbon capture and storage, or CCS, is the technology that offers the best hope of generating electricity from coal in a way that doesn’t further heat up the planet. When people talk about “clean coal” – a phrase that deserves quotes because coal is never entirely clean — they’re often talking about CCS.

CCS technologies, which can be applied before or after the coal is burned, are designed to capture carbon dioxide, transport it to a secure location, typically deep under the ground, and then sequester it safely for a long, long time, with little or no risk that it will ever escape.

Get the connection? Just as the oil industry assures that they can safely drill for oil a mile under the ocean, the coal companies and utility industry are very confident that can bury CO2 deep under the ground, with little or no risk that it will ever escape.

Do you want to take them at their word?

I asked Mike Brune, the executive director of the Sierra Club and a leading anti-coal activist, about BP and CCS. He replied by email:

The BP deep water oil disaster is an example of how seeking out new and riskier ways of feeding our addiction to fossil fuels leads to new and more catastrophic problems….If there’s a lesson in this, it’s that relying on unproven and complicated methods to sustain our dependence on oil and coal has disastrous consequences.

You may be surprised to learn that CCS isn’t favored just by the coal guys or the utilities. Some environmental groups like the technology, too. David Hawkins, the estimable head of the climate program at the Natural Resources Defense Council, which strongly opposes conventional coal plants, says it’s essential that we figure out CCS. Here’s his very thoughtful argument on behalf of CCS, from NRDC’s Switchboard blog:

As a community, we have achieved great success in blocking new coal plants one by one but we need a comprehensive coal policy as well.  Showing CCS is an available tool helps us to convince policymakers that they should oppose construction of coal plants that do not capture their carbon.  Is such a policy as attractive to many in our community as a law that says no more coal plants, period? No.  But we need to ask ourselves — what are the realistic odds of getting Congress or any significant coal-using state to adopt a “no new coal, period” policy in the next handful of years?   I have fought the coal industry for 40 years and in my judgment the odds of a total ban on new coal plants are not large.

The Obama administration is also an enthusiastic supporter of CCS on a grand scale, in the form of a controversial, costly project known as Future Gen. Just a week ago, even as oil was spewing into the gulf, Obama’s DOE  announced that it would spend up to $612 million in recovery act money (to be matched by $368 million in private funding) to demonstrate large-scale CCS from industrial sources (not power plants, although the technology is similar).

One project will store CO2 in a “deep saline formation,” as part of a corn ethanol project. Two others will use the CO2 in “enhanced oil recovery” in the Gulf, believe it or not. Such well-connected companies as Archer Daniels Midland and GE are among the beneficiaries. From the DOE announcement:

·         Leucadia Energy, LLC (Lake Charles, LA)—Leucadia and Denbury Onshore LLC will capture and sequester 4.5 million tons of CO2 per year from a new methanol plant in Lake Charles, LA. The CO2 will be delivered via a 12-mile connector pipeline to an existing Denbury interstate CO2 pipeline and sequestered via use for enhanced oil recovery in the West Hastings oilfield, starting in April 2014. The project team includes Leucadia Energy, Denbury, General Electric, Haldor Topsoe, Black & Veatch, Turner Industries, and the University of Texas Bureau of Economic Geology.  (DOE share: $260 million)

·         Air Products & Chemicals, Inc. (Port Arthur, TX)—Air Products will partner with Denbury Onshore LLC to capture and sequester one million tons of CO2 per year from existing steam-methane reformers in Port Arthur, Texas, starting in November 2012. The CO2 will be delivered via a 12-mile connector pipeline to an existing Denbury interstate CO2 pipeline and sequestered via use for enhanced oil recovery in the West Hastings oilfield. The project team includes Air Products & Chemicals, Denbury Onshore LLC, the University of Texas Bureau of Economic Geology, and Valero Energy Corporation.  (DOE share: $253 million)

·         Archer Daniels Midland Corporation (Decatur, Ill.)—The project will capture and sequester one million tons of CO2 per year from an existing ethanol plant in Illinois, starting in August 2012. The CO2 will be sequestered in the Mt. Simon Sandstone, a well-characterized saline reservoir located about one mile from the plant. The project team includes Archer Daniels Midland, Schlumberger Carbon Services, and the Illinois State Geological Survey. (DOE share: $99 million)

Unfortunately, these subsidies don’t appear to be linked to actual tons of carbon sequestered. They support demonstration projects. Still to be determined are such issues as who “owns” the store CO2, who will be responsible, financially, if it escapes, etc.  To be fair, CO2 has been stored underground for years as part of enhanced oil recovery, but we’ve also been doing deepwater drilling for a long time.

Interestingly, the connection between the BP disaster and CCS was suggested to me,  not by an environmentalist, but by a very sophisticated investor in clean technology. This investor—who asked not to be identified, because he works closely with big companies like GE and with the Obama team—has placed bets on solar power, energy storage and efficiency, so he’s no fan of coal, but he’s also driven by a personal passion around the climate crisis.

Since I can’t quote the investor, I’ll give the last work to the Sierra Club’s Mike Brune:

Relying on carbon capture and storage is like a heroin addict finding a new vein to shoot. It’s not a solution, it’s simply a new way to perpetuate the problem. The Sierra Club has no objection to using private, corporate resources to fund CCS research to see if CCS can ever be done safely, cheaply, and without requiring massive amounts of energy. In the meantime, we shouldn’t be seeking out more expensive and dangerous ways to feed our dependence on oil or coal. Instead, we should be putting our innovation and resources to work in the service of clean energy that will create jobs and keep our coasts, wild places, and communities healthy and intact.

Photo links/credits: duck (Audubon Society of Florida)  coal plant (wikimedia)

Earth Day at the mall

Sunday, April 18th, 2010

AI-edhmug402222523486_5e1894e314Somehow Americans manage to turn every holiday—from Christmas to Valentine’s Day, Mother’s Day, Father’s Day, the 4th of July, Veterans Day, Memorial Day, so-called President’s Day and the rest —into a shopping opportunity.

Perversely, this is now happening to Earth Day, as companies try to persuade us that we can  shop our way to a cleaner, greener planet.

Crazy, isn’t it? Along with coal plants, gas-guzzling SUVs and climate deniers, the American way of producing and consuming and discarding, buying lots of stuff we don’t need that isn’t going to make us happy anyway is, not to put too fine a point on it, trashing the only planet we have.

This is not what the first Earth Day–40 years ago, in 1970—was all about. It was a political event. It was about building an environmental movement. It was led by young people and scientists and counter-culture types and it arrived at a time when support was building for other political and social movements as well—the opposition to the Vietnam War, the feminist movement and the gay rights movement, all of which were inspired by the civil rights movements of the 1950s and 1960s.

None of these were mainstream, at least not at first. None were about shopping.

Earth Day led to the environmental laws of the early 1970s, which brought real and dramatic change: Our air and water are cleaner, parks and wilderness have been conserved, species have been protected.

Today, Earth Day is mainstream. An recent MBA grad I know says that’s a good thing. She told me by email:

I think it’s generally good if green is mainstream as more companies are offering environmental products.  That way we Berkeley types aren’t the only crazy ones!

I’m not so sure. Buying a T-shirt or tote bag won’t curb climate change or protect endangered habitat. That takes politics, organizing, hard work.

Here are some of the Earth Day products that have been brought to my attention  in the days leading up to the 40th anniversary.BagsinARow copy These are bhappybags — I’m not making this up — and they are described as an “attractive yet durable line of reusable shopping/tote, (more…)

Can behavioral economics help save the planet?

Sunday, March 14th, 2010

“Consumption is a tricky issue for us, but we need to start talking about it.”

So says Peter Lehner,  executive director of the Natural Resources Defense Council. This is welcome news. Like the other big environmental NGOs, NRDC has shied away from telling people what to eat (less red meat and dairy), what kinds of cars to drive (smaller ones), whether to fly (not too much)  or how many homes to own (one).

Peter Lehner

Peter Lehner

That may be about to change.

I spoke to Lehner last week after a three-day symposium on Climate, Mind and Behavior, sponsored by NRDC and the Garrison Institute, a nonprofit whose program on “transformational ecology” is led by Jonathan F.P. Rose, a New York real estate developer who also sits on NRDC’s board.  The event was designed explore ways to change behavior on a scale big enough to have a major impact on global GHG emissions.

The stellar group of participants included environmentalists (Paul Hawken, Van Jones and Gus Speth), investors and business people (Mark Fulton and Bruce Kahn of Deutsche Bank, Jesse Fink of MissionPoint Capital Partners, Jack Jacometti of Shell) and academics (Dr. Benjamin Barber, John Gowdy of RPI, Jon Krosnick of Stanford and Anthony Leiserowitz of Yale).

The headline out of the event: Simple and inexpensive changes could reduce global warming emissions by one billion tons. (more…)

COP15: Hopehagen–or Flopenhagen?

Sunday, December 20th, 2009

cop15_logo_b_mSo the verdict is in on the UN climate negotiations that just wrapped in Copenhagen and it’s all but unanimous:

Carl Pope, Sierra Club: The world’s nations have concluded a historic–if incomplete–agreement to begin tackling global warming.  Tonight’s announcement is but a first step and much work remains to be done.

Frances Beinecke, Natural Resources Defense Council: We have taken a vital first step toward curbing climate change for the sake of our planet, our country and our children…. There’s still more work to be done.

Fred Krupp, Environmental Defense Fund: A lot of hard work remains, but a lot of hard work is finished. The new positive steps taken here…president the U.S Senate and President Obama with a n historic opportunity.

Jonathan Lash, World Resources Institute: “Much more is needed, but today marks a foundation for a global effort to fight climate change.

Elliot Diringer, Pew Center for Global Climate Change: The Copenhagen Accord is an important step forward in the international climate effort…it lays the foundation for a system to hold countries accountable. …Much remains to be negotiated.

Hmm..  I thought the 1992 Earth Summit in Rio or the 1997 Kyoto Protocol or the 2007 Bali Roadmap were first steps. Shouldn’t we be taking the second, third or fourth steps by now? Or, if you prefer the foundation metaphor, shouldn’t we hurry up and build the house, before sea levels rise and storms intensify?

This isn’t to suggest that the 15,000 or 20,000 people who descended on Copenhagen during the last two weeks wasted their time. What is being called the Copenhagen Accord sets a target of limiting global warming to a maximum 2 degrees Celsius over pre-industrial times. It promises billions of dollars of aid for poor countries. It points the way towards a resolution of the fundamental conflict between U.S. and China over their so-called “common but differentiated” responsibilities to deal with global warming. That’s important–when it comes to climate and the global economy, the G-2 of the U.S. and China tower over the rest of the world. The leaders of Europe, Japan and other countries at the summit were largely left to rubber-stamp the deal, as The Washington Post reported.

The trouble is, none of this is good enough. Nations can now set own emission reduction targets. (Earlier versions of a political agreement being discussed in Copenhagen had called for specific reductions by 2020 and 2050.) It does not set a deadline for signing and binding treaty. (Until fairly recently, that deadline was supposed to be now.) Sure, aid is promised to poor countries, but aside from some token amounts, no one can be sure where the money will come from.

This isn’t a strong deal. It isn’t  a weak deal. It’s not a deal at all.

It’s a disaster waiting to happen.

Having said that, I understand the thinking behind the first-step-much-work-needs-to-be-done analysis coming from the inside the Beltway environmental groups. With the climate debate now shifting from Copenhagen to the U.S. Senate, they need to tread carefully. They can’t be overly critical of President Obama or undecided senators; they need to suggest that something real was accomplished in Copenhagen, to help persuade legislators that the U.S. can enact strong climate regulation without giving a competitive edge to China or India. Carl Pope of the Sierra Club made this argument explicitly, saying: “Now that the rest of the world–including countries like China and India–has made clear that it is willing to take action, the Senate must pass domestic legislation…”

But, again, the rest of the world has not committed to anything.

For a reality check on where we stand, let me refer you to the Climate Scoreboard put together by scientists at MIT, the Sustainability Institute and Ventana Partners, with the support of Nike, Citigroup, Fidelity Investments and others, which uses computer simulations to  model the long-term climate impacts of decisions being undertaken today. Please see the Climate Interactive blog for more detail.

Put simply, we’re not going where we need to go.

A big part of the problem here, as Bill McKibben has written eloquently, is that the world’s governments treat climate change as just another political problem–and it’s not.

Think about the health-care agreement reached this weekend. It’s the product of a series of compromises, some of them quite ugly, but it has the support of President Obama and Democrats in Congress because they believe it’s the best they can do, for now. Maybe they’ll come back to “reform” health care again in a few years. It’s a step, even a big step, in the right direction.

This is how politics usually works. It’s incremental. Even on great moral issues like civil rights, governments move piece by piece–first the military was desegregated, then came schools, then  voting rights, finally housing and employment bias were barred, if I remember my history right. This approach gives people time to get used to change. It’s the mindset behind first-step-much-work-needs-to-be-done.

But incrementalism isn’t going to do the job when it comes to climate change. Every day that goes by when we emit more global warming pollutants into the atmosphere than nature can take out, the job gets harder to do. So a small but inadequate step, even one in the right direction, can actually leave us worse off than before.

One metaphor that helped me understand this is a bathtub: The faucet (industry, transportation, deforestation) is pouring more water in to the tub than the drain (nature’s ability to absorb CO2) can take away, and there’s no way to make the drain any bigger. Just turning down the faucet a little doesn’t help; the water level in the tub can keep rising, albeit not as fast as before. The longer the faucet pours in more water than the drain can take away, the more radically we have to turn it down to stop the tub from overflowing.

McKibben explains it this way:

Physics has set an immutable bottom line on life as we know it on this planet. For two years now, we’ve been aware of just what that bottom line is: the NASA team headed by James Hansen gave it to us first. Any value for carbon dioxide (CO2) in the atmosphere greater than 350 parts per million is not compatible “with the planet on which civilization developed and to which life on earth is adapted.”  That bottom line won’t change: above 350 and, sooner or later, the ice caps melt, sea levels rise, hydrological cycles are thrown off kilter, and so on.

And here’s the thing: physics doesn’t just impose a bottom line, it imposes a time limit. This is like no other challenge we face because every year we don’t deal with it, it gets much, much worse, and then, at a certain point, it becomes insoluble—because, for instance, thawing permafrost in the Arctic releases so much methane into the atmosphere that we’re never able to get back into the safe zone. Even if, at that point, the U.S. Congress and the Chinese Communist Party’s Central Committee were to ban all cars and power plants, it would be too late.

Oh, and the current level of CO2 in the atmosphere is already at 390 parts per million, even as the amount of methane in the atmosphere has been spiking in the last two years. In other words, we’re over the edge already.  We’re no longer capable of “preventing” global warming, only (maybe) preventing it on such a large scale that it takes down all our civilizations.

There’s the argument for Flopenhagen.

As for Hopenhagen, well, I saw a lot of things to get excited about during my week in Copenhagen.

Denmark itself, for one: The nation gets 20% of its energy from wind, it’s rolling out a national system for charging all-electric cars and roughly 55% of the people of Copenhagen ride a bike every day, most to go to work. You won’t be surprised to hear that they are thinner as a group than those of us in the U.S.

Speaking of wind, Tulsi Tanti, the founder of Suzlon Energy, told me that China is the world’s biggest and fastest growing market for win energy. His company is manufacturing turbines in China, and he says the government there is committed in a serious way to clean energy — even if it doesn’t want to be held to absolute limits on emissions.

Finally, the kids. There were thousands of them in Copenhagen. They are committed to organizing to stop climate change, they are smart, they are idealistic, they are not pragmatic and they are not fans of the first-step-much-work-needs-to-done approach. For more, check out 350.org or Avaaz or the Youth Climate Movement.

You know how people say we need to save the earth for our kids? I’m starting to think that it’s the other way round, that they are going to have to save it for us.

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COP15: Not so bella in Copenhagen

Monday, December 14th, 2009

Some people had to wait for a very, very long time to register for the UN climate talks at the Bella Center in Copenhagen where the meetings are being held. The Danes are very democratic so VIPs stood in line with the rest of us.  I ran into Frances Beinecke, president of The Natural Resources Defense Council. Temperatures were in the 30s, and tempers were rising.

The UN did not enhance its reputation for efficiency or crowd control today.

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Frances and NRDC founder John Adams ended up waited for eight hours, according to her blog, where she wrote:

Little matter. After three decades at the climate change ramparts, I figured, what was another eight hours at the Danish barricades?

An insider told me later that the only thing that made the long wait bearable was that Fred Krupp of Environmental Defense was waiting behind them in line.

Poet, seeking patronage

Tuesday, November 24th, 2009

Jeff Broin knows his way around a corn field. The 44-year-old CEO of Poet, which is the largest ethanol producer in the world, grew up in Minnesota on a family farm. He lives in Sioux Falls, South Dakota, and Poet’s 26 ethanol plants are scattered across the midwest.

Jeff Broin

Jeff Broin

Broin also knows his way around Washington,  which he visits about once a month. Smart move. Without an array of subsidies and mandates from a farmer-friendly Congress, no one would invest in corn ethanol.

Which doesn’t mean that Broin is satisfied with the status quo–to the contrary, he’d like more help from the powers-that-be in your nation’s capital, which is where we met last week. We talked about the subsidies, about the challenge of competing with Big Oil and about Poet’s big plans to make cellulosic ethanol from corn cobs.

“While the corn cob is a very small item, it can have a very big impact,” Broin says. “We have the potential to replace gasoline in this country with ethanol.” (more…)

NRDC’s Frances Beinecke: Act now on climate!

Tuesday, November 10th, 2009

FGB Book Portrait Wood (IMG_8241_1)Just last week, Frances Beinecke, the president of the Natural Resources Defense Council, gave a speech to a Chicago business audience and the first question went something like this: I read the Wall Street Journal, I still don’t believe in climate science and I want to hear the full  story.

Beinecke’s new book, Clean Energy Common Sense: An American Call to Action on Global Climate Change (Rowan & Littlefield, $9.95), is aimed at those who are skeptical–or at least curious–about the climate change debate. It’s a slim (106 pages), straightforward, easy-to-read argument that  that attempts to connect the climate issue to everyday concerns like jobs, the economy and national security.

“When you go out to Gary, Indiana, Cleveland or Chicago, people are still uncertain,” Beinecke said, as she unveiled the book at the National Press Club in Washington.” They’re not clear on what the science is, what the solutions are, what the threats are, what the impacts are.”

And so Beinecke, as you’d expect, makes the case that the problem is dire, the solutions affordable and the benefits tangible–new jobs, less reliance on imported oil and a livable planet.

To her credit, though, she’s willing to go beyond the what’s-in-it-for-you argument and describe the climate crisis as what it is–the overarching moral issue of the moment, and one requiring immediate action:

Global climate change is the single greatest environmental challenge of our time. And yet, it is far more than that. It is a humanitarian challenge. It is an economic challenge. It is a national security challenge. It is the great moral challenge of our time.

If only more political leaders would frame the issue that way, instead of appealing only to the narrow self interest of voters. (more…)

Green housing for the poor

Wednesday, October 21st, 2009

Lots has been written and said about green skyscrapers (like Bank of America’s $1 billion tower in Manhattan) and green campus buildings (like this one at Oberlin College) and even, strange as it sounds, green mansions (like the Atlanta home of Laura Turner Seydel). But what about green housing for the poor? Is that possible? Can developers and tenants afford it?

Enterprise Community Partners, a nonprofit, and Enterprise Community Investment, its sister company, which together build housing for low- and moderate income people, set out to examine those questions back in 2004. You may not know Enterprise, but you may be aware of its founder, the pioneering urban developer James Rouse,  and you almost surely know of Edward_Nortonhis grandson, the actor Edward Norton, who sits on the Enterprise board. Based in Columbia, Maryland, a planned community developed by Rouse, Enterprise says it invests about $1 billion a year in housing and community development. It has helped finance about 25o,000 affordable housing units since 1982.

Today, at an event held at the Newseum in Washington, D.C., Enterprise said it had studied the nexus of affordable housing and the environment and found that, in fact, building green affordable homes makes business sense. The payback, executives said, comes in the form of lower utility costs, health benefits and even savings on transportation (if homes are clustered around public transport.)  As a result, Enterprise said it would commit $4 billion over the next five years to affordable, environmentally-friendly developments, aiming to build or retrofit 75,000 homes. Its “Green Communities” initiative has been developed in partnership with Natural Resources Defense Council (NRDC). (more…)

NRDC’s Theo Spencer: Thanks, coal!

Thursday, September 3rd, 2009

Today’s guest post is from Theo Spencer, a senior advocate at the Natural Resources Defense Council’s climate center in New York. Theo, who is 43, is a great guy and a former colleague of mine at FORTUNE who left journalism in 2000 to join NRDC. He offered to write about his experience fighting coal plants; it’s a battle that environmentalists are winning. Theo is living proof, for all of you reporters and former reporters reading this blog, that there is meaningful life after journalism.

Coal has changed my life. I would like to take this opportunity to properly thank it.

You see, if it weren’t for coal, I wouldn’t have quit my job as a reporter at FORTUNE, and get out of journalism altogether after 10 years. Coal-fired power plants are one of the main sources of heat-trapping emissions, namely carbon dioxide (CO2). Around the time I left FORTUNE, about 175 new coal plants were planned in the United States. Over their lifetimes, these plants would have emitted as much CO2 as had been released by the burning of  all fossil fuels since the Industrial Revolution.

Theo Spencer

Theo Spencer

Let’s not waste time debating whether or not global warming, climate change—whatever you want to call it—is real and caused by people burning fossil fuels like coal and gas. The Bush Administration said it was (Gleneagles G8, PDF]. So has all of the credible international scientific community and a who’s who of corporate America.  Climate change is an extremely serious problem, and if we don’t do something to seriously reduce emissions, life on our planet will change dramatically, mostly for the worse.

But that’s not what got my goat about coal, and led me to quit my job at Fortune. (more…)

It’s time to rethink nukes

Sunday, April 26th, 2009

If climate change is the greatest threat facing mankind, what are the odds of the big environmental groups rethinking their longstanding opposition to nuclear power?

They appear to be slim. Here’s what Environmental Defense says on its website:

Serious questions of safety, security, waste and proliferation surround the issue of nuclear power. Until these questions are resolved satisfactorily, Environmental Defense cannot support an expansion of nuclear generating capacity.

And this comes from the Natural Resources Defense Council website:

New nuclear power plants are unlikely to provide a significant fraction of future U.S. needs for low-carbon energy. NRDC favors more practical, economical and environmentally sustainable approaches to reducing both U.S. and global carbon emissions, focusing on the widest possible implementation of end-use energy-efficiency improvements, and on policies to accelerate commercialization of clean, flexible, renewable energy technologies.

Supporters of nuclear energy—including those who strongly support climate regulation to curb emissions of global warming pollutans—say that doesn’t make sense.

“They (environmentalists) love to hate the biggest thing that can move the needle with respect to climate change,” says David Crane, the chief executive of NRG Energy. NRG is a member, with NRDC and EDF, of the U.S. Climate Action Partnership, an alliance of big companies and environmental groups that back a cap-and-trade program to regulate greenhouse gases.

Crane spoke last week during a lively discussion of nukes led by my colleague David Whitford at FORTUNE’s Brainstorm Green conference about business and the environment. I wish we’d invited an EDF or NRDC representative onto the panel, but the focus was money, not safety, security or waste. David began the conversation by inviting everyone to “consider the evidence and think anew about something about which many of us had made up our minds.”

Good idea. Many years ago, I covered protests again the Seabrook nuclear power plant in New Hampshire for a left-wing publication. My sympathies were with the protestors. Now I’m firmly undecided, and determined to learn more. Given the threat of climate change and the safety record of nuclear plants in the U.S. since Three Mile Island—especially compared the alternative of mining and burning coal—it seems like the right time to rethink nukes.

Here’s what the directors of the national energy laboratories said last year in a report called A Sustainable Energy Future: The Essential Role of Nuclear Energy:

Today, nuclear energy provides 16 percent of the world’s electricity and offers unique benefits. It is the only existing technology with capability for major expansion that can simultaneously provide stability for base-load electricity, security through reliable fuel supply, and environmental stewardship by avoiding emissions of greenhouse gases and other pollutants. Furthermore, it has proven reliability (greater than 90 percent capacity factor), exemplary safety, and operational economy through improved performance.

One of the signatories to the report was Steven Chu, now the energy secretary.

Here are some things I heard during the panel:

As thing stand now, we are unlikely to see the so-called nuclear renaissance that was talked about just a couple of years ago. The global economic slump is the reason why. Lenders are more risk-averse than ever, and few businesses need more capital and pose more risk than new nukes. Demand for electricity is slowing because of the recession. And natural gas prices are down, making it easier to meet new demand for electricity by building natural gas plants.

The U.S. government has set aside about $18 billion in loan guarantees for nuclear plants. That will underwrite perhaps three plants, our experts said. “I’m convinced that there will be three nuclear power plants built in the U.S. in the next 10 says,” said Kevin Book, a partner at ClearView Energy Partners, a research and consulting firm.

Beyond that, it’s anybody’s guess. The utility industry wants to build more—there are 24 applications for new nukes pending at the NRC, all of two to be located near to existing sites, where local support for nuclear energy is strong. No new plant has been approved since the 1980s. By contrast, there are 45 plants now under construction outside of the U.S., most in China, India and Korea, according to Book.

Like beauty, “clean” energy is in the eye of the beholder. Notice how the NRDC statement above says the group would prefer clean and renewable energy to nuclear. Well, Alan Hanson, an executive with Areva, the big French nuclear power company, says that the nuclear waste issue is closer to being solved than, say, the solar waste issue.

France, where more than 80% of the electricity comes from nuclear power, uses a safe and sophisticated system to recycle spent nuclear fuel, Hanson says. (You wouldn’t expect him to say anything else, but still…) Nuclear waste can be stored on the sites of plants “for the next 500 years in we want,” he said—plenty to time to ease the transition to a renewable, low-carbon energy economy.

By contrast, he says, burning coal creates not on CO2 but mercury and other pollutants. And many solar photovoltaic panels are made of cadmium, among other things, for which there’s no recycling plant. “I don’t know of any part of the electricity generating world that treats its waste as well as the nuclear industry does,” Hanson said.

The politics of nuclear are complicated. Chu, who’s probably the smartest guy in the Obama cabinet, supports nuclear energy but Carol Browner, who’s an experienced Washington power player (no pun intended) is said to be a strong opponent. Liberal Democrats on Capital Hill—Nancy Pelosi, Henry Waxman, Barbara Boxer, Harry Reid—also oppose nuclear power. Given a choice between nuclear and coal as a source of baseload power, they’re likely to favor coal.

Crane said: “Right now the dominant wing of the Democratic Party knows they need to accommodate the coal wing of the Democratic Party in order to get energy and environmental policy passed.” That leaves nuclear out of the deal-making.

resident Obama hasn’t said much about nuclear. It may well be that technology breakthroughs in solar, geothermal, wind or battery storage will mean that we don’t need nuclear energy as a source of low-carbon power. But until those breakthroughs come along, shouldn’t we keep the nuclear option open?