They were in the news a half century ago when they were called “too cheap to meter.” Now “absolutely safe” nuclear reactors are once again in the news. As the horrifying scene in Japan unfolds this month, many politicians and media pundits are acting as if the only electricity choice for the U.S. is nuclear reactors or coal power plants. This is a false choice. Only … [Read more...]
Big Oil: Obscene profits with subsidies on top
While the GOP House leadership seeks $60 billion in savings from programs including food-aid for pregnant women, public transportation and the EPA, Democrats say they can find most of that amount just from cutting oil subsidies. In his State of the Union address, President Obama proposed cutting nearly $40 billion worth of handouts to the oil and gas industry. All told, … [Read more...]