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To: DannyTN

Nothing in the Waxman bill which allows Nuclear, coal, natural gas useage. Sorry, the dictators have spoken.


17 posted on 06/30/2009 10:14:06 AM PDT by phillyfanatic ( iT)
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To: phillyfanatic
"Nothing in the Waxman bill which allows Nuclear, coal, natural gas useage. Sorry, the dictators have spoken."

For the renewable energyh part, there is a provision in Title 1, 101.610.19 that excludes nuclear from the base amount, but only if the nuclear plant went into service after this legislation. So new nuke plants are exempt, but old ones are not. Of course the catch is that Obama won't approve any new ones.

But if he did, the game would quickly become building new nuclear plants and mothballing the old ones.

For the Carbon Sequestration section, nuclear is not assessed and therefore becomes more competitive vs the fuel and coal based systems that are subject to the cap and trade system.

18 posted on 06/30/2009 10:41:09 AM PDT by DannyTN
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