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<p><span style="font-size: smaller;"><span style="font-family:
Arial;">6930 Carroll Avenue, #340, Takoma Park, MD 20912;
301-270-6477; <a href="mailto:nirsnet@nirs.org">nirsnet@nirs.org</a>;
<a
href="http://org2.democracyinaction.org/dia/track.jsp?v=2&c=Y4rESk8BZu3ShOrinbREIAG9l903dUk4">www.nirs.org</a></span></span></p>
<p style="text-align: center;"><span style="font-family: Arial;"><span
style="font-size: larger;"><b>NEW REACTOR AT CALVERT CLIFFS
STOPPED!<br>
AND NUCLEAR "RENAISSANCE" SPUTTERS!<br>
<br>
SO INDUSTRY PRESSURES CONGRESS TO MAKE IT EVEN EASIER TO GET
TAXPAYER MONEY....<br>
<u>ACT NOW </u>TO PREVENT NEW NUKE SUBSIDIES DURING LAME
DUCK SESSION<br>
<br>
...AND, PLEASE JOIN THE VIRTUAL MARCH ON WASHINGTON!</b></span></span></p>
<p><br>
<br>
October 12, 2010<br>
<br>
Dear Friends,<br>
<br>
<b>This is a huge victory: Over the weekend, Constellation Energy
announced it is pulling out of the proposed Calvert Cliffs-3
reactor project in Maryland, which effectively ends this new
reactor.</b><br>
<br>
<b>NIRS has spent more than three years fighting this reactor
tooth and nail.</b> We've intervened twice in Maryland Public
Service Commission proceedings. We're the lead intervenor in NRC
licensing proceedings for Calvert Cliffs--and our contention
against foreign ownership in this project (it's dominated by the
French government through Electricite de France and Areva) has
proven a major stumbling block. And with all our allies in the
Chesapeake Safe Energy Coalition we've been in the streets, the
media and the public arena demanding an end to this boondoggle.<br>
<br>
<b>And, on Saturday, we won!</b><br>
<br>
<a
href="http://org2.democracyinaction.org/dia/track.jsp?v=2&c=mRaOPgsSDagCsTwseelLxQG9l903dUk4">Here
is a link</a> to our statement released Saturday. <a
href="http://org2.democracyinaction.org/dia/track.jsp?v=2&c=4nDPT3m58dcuTBdmfY8vcwG9l903dUk4">Here
is a link</a> to a New York Times article on some of the reasons
behind this decision. And <a
href="http://org2.democracyinaction.org/dia/track.jsp?v=2&c=y9jY5OtBgYFsRJ0aL95tdwG9l903dUk4">here
is a link</a> to an article I wrote in August predicting exactly
this outcome.<br>
<br>
Please act now to protect this victory at Calvert Cliffs, and to
stop any more taxpayer money being wasted on new reactors, <a
href="http://org2.democracyinaction.org/dia/track.jsp?v=2&c=x8pAh5XpidUaXq6YIksFSgG9l903dUk4">by
writing your Senators and Representative here</a>. Here's why:<br>
<br>
In its statement announcing it is shelving Calvert Cliffs-3,
Constellation claimed it was doing so because the terms of a $7.5
Billion loan the Obama administration was ready to give the
company were too "onerous." <br>
<br>
For this $10 Billion+ reactor (the French government was going to
chip in another $2.9 Billion), the administration wanted the
utility to either put up $880 million of its own money (called a
credit subsidy cost, kind of like the down payment you would have
to put on a mortgage), or $300 million and guarantee sales of only
75% of the reactor's electricity. <br>
<br>
This was too risky and "onerous" for Constellation Energy. In
other words, they admitted they wanted taxpayers to take ALL the
risk of this project.<br>
<br>
In fact, that was just a smokescreen. Constellation would have
cancelled Calvert Cliffs even if there had been no credit subsidy
cost at all--the economics of the project simply didn't make
sense. And it's telling that Constellation shares skyrocketed up
in the first day of trading after their announcement: investors
were delighted Constellation got out of this dumb deal.<br>
<br>
<b>But the nuclear industry is already working in Congress to not
only get more taxpayer money for nuclear loans, but to force the
administration to make taxpayers take <u>all</u> of the risk
for those loans. And they're hoping they can sneak such
legislation through in the lame duck session that begins in
mid-November.</b><br>
<br>
All year, with your help, we have blocked the industry from
receiving any new funds for nuclear loans. Now we have to act
again.<br>
<br>
Please protect this victory at Calvert Cliffs, act to stop any
more taxpayer money being wasted on new reactors and to make sure
taxpayers don't have to take all the risk of new reactor
construction, <a
href="http://org2.democracyinaction.org/dia/track.jsp?v=2&c=vcwQPz3HfS%2Bmxt3Bf6xJNwG9l903dUk4">by
writing your Senators and Representative here.</a><br>
<br>
Here is a link to this action that you can forward to your friends
and colleagues who will want to take action too:
<a class="moz-txt-link-freetext" href="http://org2.democracyinaction.org/o/5502/p/dia/action/public/?action_KEY=4378">http://org2.democracyinaction.org/o/5502/p/dia/action/public/?action_KEY=4378</a>.
The industry lobbying effort will be strong and well-financed, and
it will take as many of us as possible to counter them.<br>
<br>
We are, of course, walking on air that our long battle over
Calvert Cliffs was successful (as, so far, has been our campaign
to stop new taxpayer subsidies for new nukes). But these successes
are only possible with your help and support! Please celebrate
this victory by making a tax-deductible donation to NIRS today. <a
href="http://org2.democracyinaction.org/dia/track.jsp?v=2&c=jFnKJT%2Bn89kxuspDaDuHdQG9l903dUk4">You
can do so online here</a>, or send a check to NIRS, 6930 Carroll
Avenue, #340, Takoma Park, MD 20912.<br>
<br>
<b>Virtual March on Washington</b><br>
Have you joined the Virtual March on Washington yet? Stand up and
be counted! It's easy and it's fun. An outgrown of the actions of
International Radioactive Waste Action Day, the virtual march will
keep building between now and April 26, 2011--the 25th anniversary
of the Chernobyl catastrophe.<br>
<br>
All you have to do to join is send in a photo of yourself to <a
href="mailto:nirsnet@nirs.org">nirsnet@nirs.org</a>. If you'd
like to hold a sign (and we encourage that!), <a
href="http://org2.democracyinaction.org/dia/track.jsp?v=2&c=qSOBA4EggGCdOHoXlXiYVQG9l903dUk4">you
can download and print a sign here</a>, or make one of your
own. You can also s<a
href="http://org2.democracyinaction.org/dia/track.jsp?v=2&c=xDszj7IBAVHZ6uFZgefRpAG9l903dUk4">ee
a slideshow</a> of the growing number of people who have joined
in so far.<br>
<br>
So send your pictures in today, and let's get thousands of people
to join in this Virtual March on Washington!<br>
<br>
Thanks for all you do,<br>
<br>
Michael Mariotte<br>
Executive Director<br>
Nuclear Information and Resource Service<br>
<a href="mailto:nirsnet@nirs.org">nirsnet@nirs.org</a><a
href="http://org2.democracyinaction.org/dia/track.jsp?v=2&c=tDWBvCbMXX38USJGolQHBwG9l903dUk4"><br>
www.nirs.org</a><br>
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