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NY-20: Gibson's stupid argument for nuclear power

by: devtob

Sun Oct 03, 2010 at 20:26:38 PM EDT


Recently retired Army Col. Chris Gibson, who is challenging NY-20 Rep. Scott Murphy, is a smart guy, with a Ph.D. in Government from Cornell.

But he's a Republican, so he has to say some stupid things to get the wingnut Republican base excited about his candidacy.

For example, he's repeated the 30-year-old GOP chestnut of calling for abolition of the federal Department of Education, with the same old rationale that this would substantially reduce federal spending.

The only way it could do a small bit of that would be by substantially reducing federal aid to local school districts, which would lead to higher property taxes in NY-20.

Murphy has an ad up about this issue now, and Gibson responded to it yesterday with a loony plan to reduce property taxes by building nuclear power plants.

Details and video, below.

devtob :: NY-20: Gibson's stupid argument for nuclear power
First, here's the ad, which evidently struck a nerve:

Property taxes are the major tax issue in NY-20, and all of New York outside NYC. Members of Congress generally can't do much about that, but whatever they've done lately -- stimulus funds, aid to schools, etc. -- is resolutely opposed by Gibson and the Boehner Republicans he hopes to join in Washington.

Yesterday, Maury Thompson of the Glens Falls Post-Star asked Gibson about the ad, and got this stupid response:

Where the pressures are right now is on property taxes. And property taxes, of course, are used to fund school districts. My idea is that we tie this to the energy plan. And what we need is nuclear power plants in NY-20. Nuclear power plants will give us cleaner energy. One plant can actually provide energy for 300,000 households. And it will also provide property tax relief for families.

Gibson saying that multiple nuclear power plants in one Congressional District will "provide property tax relief for families" is about as reality-based as calling for Congress to give everyone in NY-20 a pony and $1 million.

Let's count the ways this is stone stupid.

1. There has not been a new nuclear power plant built in this country in more than 30 years. The major reason for that is that they are frightfully expensive -- $10 billion or so apiece. The Future of Nuclear Power Study by MIT, updated in 2009, repeats this original (2003) asessment:

In deregulated markets, nuclear power is not now cost competitive with coal and natural gas.

The update also notes that estimated nuclear power plant construction costs had doubled from 2003 to 2009, making it even less cost-competitive.

2. There are about 60 school districts in NY-20. In the highly unlikely event that even one nuclear power plant is built in NY-20, it will "provide property tax relief for families" in just one school district, and that won't happen anytime soon -- it takes well more than a decade to build one of these things, and full property taxation in New York would take another decade. So Gibson's stupid proposal would not help the vast majority of NY-20 taxpayers at all ever, and would only help a tiny minority somewhat sometime in the late 2020s.

3. There is an organized, well-funded and effective environmental community that would vigorously oppose any nuclear power plant project on the Hudson River (realistically, the only place such a plant could be sited in NY-20). This community recently mobilized a multi-year campaign to defeat a large cement plant in Hudson, and, way back when, helped derail Nelson Rockefeller's plan for four nuclear power plants between Albany and Poughkeepsie.      

4. Gibson has the support of local tea partiers, who generally do not like massive government subsidies of private corporations. Nuclear power is perhaps the most massively subsidized industry ever, with federal subsidies for loan guarantees, research and development, insurance liability, waste disposal, etc. Tea partiers may not care about the hypocrisy of supporting a candidate who wants to add hundreds of billions to the national debt to jump-start the most expensive form of power production, but they should.

Gibson seemed to be a perfect candidate for the GOP bosses who recruited him while he was still wearing the uniform -- NY-20 native and Ichabod Crane sports star, sterling military record (four Bronze Stars, a Purple Heart, Combat Infantryman's Badge with Star), the Ph.D., good-looking, articulate, photogenic family, etc.

But when he says stupid things like this, it's pretty clear that he's not ready for prime time.  

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Gibson really does not know what he's (4.00 / 3)
talking about here.

Nukes are pricey!!! (4.00 / 2)
A subsidized nuke (catastrophic insurance, essentially free trash disposal) will make electricity (> 20 c/kw-hr) that is at least TWICE as expensive as a completely unsubsidized onshore wind turbine (~ 10 c/kw-hr); with the small quantity of allowed subsidies, the onshore turbines can make electricity for about 6 to 7 c/kw-hr, and this is in those not prime wind areas like Herkimer.

The reason is that the already very expenive list price for a new nuke (~ $10.8 billion per GW of capacity, and $12 billion per delivered GW) get bumped up considerably over the 10 year construction cycle. If, for example, only 10% of the total cost is spent each year, but that money has a 10%/yr cost of money, by the time the thing is complete, the real cost will be over 1.6 times the list price. Add in a year or two of "commissioning" and it will easily be twice what was originally expected.

See http://www.vermontlaw.edu/News...  (great article ) from http://www.psr.org/nuclear-bai...

Oops...

Wind turbines can be installed much more rapidly, and the big money part occurs mostly in one year (they used to have a 30% down, and the rest upon commissioning); a project time line of 2 to 3 years is normal, but only a small fraction of the total cost is spent before the turbines are ordered. Nowadays, only a 1 year waiting period is required.

And turbines can be incrementally added if demand rises, and delayed if demand does not happen (in 2009, NY electricity demand dropped by ~ 7%). No such luck with a nuke.

In NY, one utility went bankrupt (LI Power and Light ---> LIPA), or close to it (Niagara Mohawk from Nine Mile 2). Nukes are a financial disaster - they only make sense when owners can stick the capital and trash disposal costs on someone else, either ratepayers and/or taxpayers. And let's not forget about the ~ $15 BILLION tab for West Valley semi-cleanup and stabilization. That project almost poisoned the waters of eastern Lake Erie and Lake Ontario with Sr90, for starts.

Nukes are way less useful that bedbugs and the crabs combined. If you don't want a case of both, then you probably won't want nukes, either.

Nb41


While I'm not adverse to nukes (0.00 / 0)
the idea that building a nuclear power plant is a magic wand to reduce property taxes is pretty stupid.  

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