An Unjustified Fear Of Nuclear Energy Is Holding The Industry Back

Governments are backing nuclear power in a big way but fears of disasters still linger, with any mishap having the potential to derail the big nuclear resurgence. As governments get behind nuclear projects for the first time in several decades, in order to boost their energy security, many continue to be fearful of nuclear developments for both safety and environmental reasons. But will leaders be able to convince the public of the need for nuclear energy as part of a green transition? Nuclear energy was hailed years ago as the cleaner alternative to fossil fuels that could provide reliable energy to countries around the globe. But as it was increasing in popularity, with several major global developments being achieved, three notable disasters undermined the potential for widespread nuclear development. The events of Three Mile Island in Pennsylvania in 1979; Chornobyl in 1986; and Fukushima in Japan in 2011 led to a movement away from the development of nuclear projects in favor, largely, of fossil fuels.

An Unjustified Fear Of Nuclear Energy Is Holding The Industry Back

Will you get insulin-cost relief from the inflation bill? Not if you have private insurance

Will you get insulin-cost relief from the inflation bill? Not if you have private insurance

But an out-of-pocket cap identical to that for Medicare was stripped from the bill for those with private insurance because Democrats are trying to pass the bill by a simple majority through the reconciliation process. That requires Senate Parliamentarian Elizabeth MacDonough to vet the provisions. She said most of the health-related features were fine, but the insulin proposal for those who have private insurance, not Medicare, violated the Byrd provision, which says that issues “extraneous to the federal budget” cannot be passed by simple majority through reconciliation.

Out-of-pocket spending for those with Part D Medicare drug coverage will be capped at $2,000 a year.

In 2024, a 5% coinsurance payment that now kicks in after someone reaches the catastrophic drug spending level of $7,050 in Medicare will end. Because drug companies set their own prices, 5% on expensive drugs can be a lot of money.

Related:

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ROK and the US – Words and Facts

After the text about the President of the ROK at the NATO summit was published, part of the audience questioned whether the ROK, despite its loyalist statements, was in fact in no particular hurry to do Washington’s bidding. This question is best answered by a combination of words and facts.

In another important development, on July 20 Minister of Science and ICT Lee Jong-ho openly stated that South Korea should be cautious when deciding whether to join the US Chip 4 or Fab 4 technology alliance initiative, as the potential implications could affect not only the country’s semiconductor industry, but also the economy as a whole. The framework, which in addition to the US and the ROK also includes Taiwan and Japan, is designed to counter China’s growing influence in global supply chains for advanced high-tech products, as well as to increase American production capacity and capabilities in this area.

ROK and the US – Words and Facts

H/T: THE NEW DARK AGE

Previously:

South Korea’s new president playing dangerous game with Pyongyang

The Global NATO Alliance, the European Left, and the Crack in Everything

Disclaimer: The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site.

The Democratic Party is unquestioningly supporting an endless proxy war and has been reluctant to press President Biden to prioritize a negotiated settlement to the war.

The Global NATO Alliance, the European Left, and the Crack in Everything

Petro Reiterates Willingness to Normalize Relations with Venezuela

The president-elect of the Republic of Colombia, Gustavo Petro, reiterated his desire to normalize relations with Venezuela in order to ameliorate the economic development of the region.

Petro Reiterates Willingness to Normalize Relations with Venezuela

Related:

Petro Upends Colombia Diplomacy by Reaching out to Venezuela:

During the election campaign, Petro – a former member of the M-19 guerilla group – tried to distance himself from Venezuela and Cuba, which he had previously defended, and focus more on Chile and Brazil. His goal is to normalize relations with Venezuela after years of diplomatic conflict, and adopt a position similar to that of Mexican President Andrés Manuel López Obrador – Mexico’s foreign policy has traditionally been based on the policy of non-intervention. But Petro acknowledged that it is a “long process.” “Normalizing relations is not something that happens overnight,” he said to the press after announcing the reopening of the border. And he sent a clear message about his priorities on election night: after his victory was confirmed he made sure to call US President Joe Biden and the leaders of many other Latin American nations, before he spoke with Maduro.

Biden moves fast to open dialogue with Colombia’s incoming leftist president Petro:

A day earlier, Secretary of State Antony Blinken had already called Petro with a similar message “to reiterate the United States’ steadfast commitment to the bilateral relationship,” according to a summary of the call released by the State Department.

Interesting, two days before calling Maduro, Petro talked to Blinken. 🤔💭

MoA: This New Import Law Will Hurt U.S. Consumers

This New Import Law Will Hurt U.S. Consumers

For small importers it will be impossible to do the above. Only big companies [Congress’ gift to Big Corporations] can afford to research and provide all that data and to take the risk of importing products that may get confiscated at the border. They will of course ask their customers to pay for all that.

Previously:

US Crackdown on Forced Labor in China Risks Further Supply Chaos

MoA brings up some things that I hadn’t.