ALL NUCLEAR ALL THE TIME

ALL NUCLEAR ALL THE TIME

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Saturday, September 1, 2012

COLD WAR RELIC IN NUCLEAR POLICY

 Here is an opinion piece by David Repka  regarding the NRC's no foreign ownership policy. Is it an antiquated relic from a different era ? I believe it is.



these cases reveal the statute itself as a Cold War relic that may now stand as a significant impediment to foreign investment in major U.S. infrastructure projects. Other provisions of the Act assure that no license may be issued by the NRC if the license would be “inimical” to safety and security of the United States. The FOCD provision in the Atomic Energy Act — one that may prevent foreign investment in projects otherwise controlled by U.S. companies — raises significant policy questions and appears to be inconsistent with the current global nature of the nuclear energy industry.

http://www.winston.com/siteFiles/Publications/Energy_Trends.pdf.

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