First it was the Hoku solar panel plant in Pocatello falling on hard times with plummeting stock prices and Idaho Power ready to pull the plug on its electricity. Now the planned AREVA nuke waste processing facility near Idaho Falls is on “hold” and recent industry reports don’t paint a glowing picture for that industry.
The French-owned AREVA continues its design phase because they get money from the citizens of the USA, but this nuke industryREPORT doesn’t bode well for the future of the firm.
The GUARDIAN has read reports from the HOKU home state of Hawaii and their business future doesn’t look very bright either. Both of these firms depend upon public money to survive, but politicos are getting the message during this election year to end subsidies for energy schemes ranging from corn fed ethanol to windmill farms.
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