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Select Committee for Energy Independence and Global Warming: Press Releases
Press Releases
- Markey: Chu Answer on Nuke Plant LoansaEUR"No Taxpayer-Backed Money Unless Plants Are Approved
FOR IMMEDIATE RELEASE
Contact: Chairman Ed Markey, 202-225-4012
Markey: Chu Answer on Nuke Plant Loans—No Taxpayer-Backed Money Unless Plants Are Approved
Monitoring of Program, Designs Still Vital to Protect Public, Taxpayers, Says Chairman Markey
WASHINGTON (December 23, 2009) – Department of Energy Secretary Steven Chu responded to Rep. Edward J. Markey (D-Mass.) on questions about the nuclear energy loan guarantee program, especially reactors that could be awarded taxpayer-backed loans even when they have not received full approval for safety. Secretary Chu says in his response that “conditional commitments” could be made, but that “no [loan] guarantee will be issued with respect to a specific project and technology until the design is certified by the NRC and the [construction and operating license] has been issued.”
“Secretary Chu recognizes the inherent uncertainties in putting taxpayer dollars on the line for a nuclear power plant design that hasn’t yet been deemed to be safe,” said Rep. Markey, who chairs the Subcommittee on Energy and Environment in the Energy and Commerce Committee, which has jurisdiction over DOE and the NRC. “This process needs to be monitored to ensure public safety, so that public dollars are responsibly provided only when the reactor is truly both safe and shovel-ready.”
Secretary Chu’s letter can be found here.
DOE will soon announce the winners of $18.5 billion in taxpayer-backed loan guarantees to the nuclear energy industry, but recent reports of still-uncorrected design flaws in leading designs led Chairman Markey to send a letter in early November to Secretary Chu about the handling of the loan guarantee program. That letter can be found here.
In today’s response, Secretary Chu notes that his agency is working towards conditional commitments for loan guarantees for nuclear energy designs, but that “a conditional commitment is not, of course, a guarantee; it simply sets forth the terms on which a guarantee may be issued.” He notes that those conditions include completion of an NRC certification of the design, which would include safety requirements. The funds would also have a time limit—or sunset—for the awardees if the conditions for receiving the funds are not met.
The NRC recently announced that the shield that protects the reactor against hurricanes, earthquakes and airplane impact in the AP1000 nuclear reactor design -- a leading design proposed by the Westinghouse Electric Company -- still requires additional analysis, testing or design modifications to comply with safety requirements.
# # #
- Markey: Obama Copenhagen Accord Opens Door for World Agreement on Climate
FOR IMMEDIATE RELEASE
Contact: Chairman Ed Markey, 202-494-4486
Markey: Obama Copenhagen Accord Opens Door for World Agreement on Climate
U.S. Leadership Sparks Progress in Climate Talks as Copenhagen Conference Recognizes Accord
COPENHAGEN (December 19, 2009) – The vast majority of the countries here at the Copenhagen climate talks today recognized an accord forged by President Barack Obama, opening the door for continued reengagement on climate change. While only a handful of obstinate countries prevented full adoption of the accord by the entire conference, the broad recognition of the document – crafted less than 24 hours ago by 5 countries, including the United States – signifies a breakthrough in the world’s climate talks.
“President Obama took a climate deal that many considered dead in the water and created a watershed moment in the global effort to combat climate change,” said Rep. Edward J. Markey (D-Mass.), co-author of the House-passed Waxman-Markey climate bill and chair of the Select Committee on Energy Independence and Global Warming. “Nearly every single country in the world, representing more than 6 billion people, including all nations critical to a final binding agreement, now agree that we should complete that goal by the end of 2010.”
The accord, which was forged yesterday during intense negotiations between the United States, China, India, Brazil and South Africa, was recognized by the full climate conference here in Copenhagen. A handful of dissenting countries like Sudan and Venezuela prevented the entire conference from adopting the agreement.
The deal also signifies a new era in United States leadership on climate change. Along with President Obama’s 11th hour negotiating tour de force, the U.S. House of Representatives sent 21 members to the talks, including Speaker Nancy Pelosi, Majority Leader Steny Hoyer, and Reps. Markey and Henry Waxman (D-Calif.), the co-authors of the House-passed climate bill. Secretary of State Hillary Clinton and Senator John Kerry (D-Mass.) also were vital voices in the talks.
“ There is now a new paradigm of U.S. leadership on climate change, where activity has replaced passivity,” said Rep. Markey. “Today’s recognition by 98 percent of the world of an American-led accord shows that the United States has retaken the mantle as a multilateral negotiating force.”
- ObamaaEUR(TM)s Agreement in Copenhagen Signifies New Era of American Leadership
FOR IMMEDIATE RELEASE
Contact: Chairman Ed Markey, 202-494-4486Markey Statement on Copenhagen Climate Deal
COPENHAGEN (December 18, 2009) -- Following President Barack Obama's announcement that a deal had been reached at the climate talks in Copenhagen, Rep. Edward J. Markey (D-Mass.), co-author of the Waxman-Markey climate and clean energy bill, Chairman of the House Select Committee on Energy Independence and Global Warming and the House Energy and Commerce Committee's Energy and Environment Subcommittee, released the following statement:
"This morning, Speaker Pelosi and I met with the President shortly before his speech before the Copenhagen conference. It was clear that he faced a difficult situation and was determined to hold steady for an agreement that would turn the tide against global warming. I sat in the hall when the president spoke and I could see the impact that his speech made on the assembled delegates. He was strong, resolute and determined.
"Today's ground-breaking agreement by critical nations is not the end of this process, it is the beginning. It signifies a new era of action where America is willing to be a leader in the fight to combat global warming. This provides an opportunity for the rest of the world to build a comprehensive agreement that so many have been working to achieve for so long.
“The president was successful in reaching an agreement that commits major developed and developing economies to substantially reduce their emissions. By ensuring transparency in reviewing countries’ emissions cuts, America and other countries can now be confident that promises made will be promises kept.
“Further actions will be needed, both internationally and domestically, before we have put in place the full range of policies needed to respond to the challenge confronting the planet, but this agreement is a crucial step forward.”
- Markey Statement on President Obama's Speech to Copenhagen
Following President Obama's speech to the United Nations climate conference today, Rep. Edward J. Markey (D-Mass.), co-author of the House-passed climate bill and currently part of a Congressional delegation in Copenhagen, issued the following statement:
"President Obama is courageously asserting his leadership during the most complicated political transaction in the history of the planet. This is a multi-dimensional, multi-national chess game, and the message U.S. leaders are sending is that we want to avoid a stalemate in the negotiations and checkmate for the Earth.
"The formula President Obama laid out of emissions reductions, transparency, and financing for developing countries is the political climate calculus that will equal a deal here in Copenhagen. If other countries are willing to heed the president's call to step forward and embrace this accord, Copenhagen can succeed.
"One thing is clear--U.S. leadership is back. The Waxman-Markey climate and energy bill has already passed the House, the president is at the negotiating table, and the U.S. Senate is at the drafting table. The United States will no longer take lightly the issue of climate change."To read the full text of the President's speech, please CLICK HERE.
- Markey: Waxman-Markey Funding C