19 Dec '11, 6pm

Green Blog: A Uranium Project in the Political Cross Hairs

A Uranium Project in the Political Cross Hairs By MATTHEW L. WALD Philip Scott Andrews/The New York Times John Boehner, the House speaker, center, after the vote on the omnibus spending bill. In the last-minute rush in Congress to finalize spending for the current fiscal year and head home for the holidays, one of the losers appears to be USEC , the uranium enrichment company, and the politics are more convoluted than ever. USEC grew out of the Manhattan Project initiative to develop nuclear weapons and was part of the Energy Department before it was privatized in 1998. It has been trying to develop a new technology to replace the 1940s-era system that it uses to enrich uranium for use in civilian nuclear reactors. It wanted a loan guarantee from the Energy Department, but the department felt that its demonstration plant in Piketon, Ohio, was not ready for prime time. For ...

Full article: http://green.blogs.nytimes.com/2011/12/19/a-uranium-proje...

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[Daily Blog Reads] Project 365 : Happy Holidays.

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