The promised progress from the Iranian nuclear deal appears still to be far from materializing. The deal, or more formally, the Joint Comprehensive Plan of Action, was signed on July 14, 2015. On September 10th, the last attempt to block the deal in the US Congress failed. Almost immediately, a magical array of coincidences began.
The word out of Switzerland yesterday was that "Iran and and six world powers had agreed on the outlines of an understanding that would open the path to a final phase of nuclear negotiations but are in a dispute over how much to make public." What exactly is the dispute over? The AP noted that
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Another useful summary of the proliferation concerns associated with "peaceful" power reactors from Henry Sokolski of the Nonproliferation Policy Education Center:
A quite interesting summary of the challenges associated with the Iranian nuclear program has been written by Gregory Jones, and released by NPEC. Some key points:
Tomorrow's event (November 30th), titled Department of Energy Loan Guarantees: Should Taxpayers Bear the Risks for the Energy Sector with Loan Guarantees? A Conservative Take, looks to be an interesting one tomorrow. The discussion brings together panelists from the Heritage Foundation, the National Taxpayers Union, the Competitive Enterprise Institute, and the Nonproliferation Policy Education Center to provide views on multi-billion dollar loan guarantees to conventional and renewable forms of energy.
A case study of the proposed new reactor at Calvert Cliffs in Lusby, MD provides a useful window into the dynamics and implications of federal nuclear policy today. The analysis demonstrates not only that the taxpayer ends up as the largest de facto investor in this project, but also that while we bear most of the downside risk, we share little of the upside should the plant ultimately be successful.