<![CDATA[Grist - Comment Feed for More bad news for coal as big banks reconsider financing]]> Grist Comment Feed en Comment #1 by Charles Barton http://www.grist.org/article/for-whom-the-bell-coals/ Mon, 04 Feb 2008 10:27:19 -0800 http://www.grist.org/article/for-whom-the-bell-coals/1 What no nuks?

David, what to think?  Those bankers and utility executives are not going to talk about nuks?  Of course not!  

Charles Barton

]]> What no nuks?

David, what to think?  Those bankers and utility executives are not going to talk about nuks?  Of course not!  

Charles Barton

]]> Comment #2 by GreyFlcn http://www.grist.org/article/for-whom-the-bell-coals/ Mon, 04 Feb 2008 14:13:38 -0800 http://www.grist.org/article/for-whom-the-bell-coals/2 Wall Street: "Nuclear Loans. OMG NO!!"

Those bankers and utility executives are not going to talk about nuks?

Well, I'm sure they will talk.

Only to find out that it's also got the issue of being a risky high-capital expensive investment, fraught with huge potential of externilized costs coming back to haunt them, or default back on them.
http://www.manhattan-institute.org/html/eper_01.htm
http://greyfalcon.net/costlynuclear

The UK Nuclear industry is practically a poster child for huge loans going sour.
http://greyfalcon.net/nuclearvideo

Thats why the Nuclear Industry keeps demanding huge gigantic loan guaruntees payed exclusively by Taxpayers.  Because Wall Street won't go anywhere near it.
http://www.nytimes.com/2007/07/31/washington/31nuclear.ht ...

And they aren't even getting what they wanted either.  The DOE is apprehensive also it seems.
http://www.commondreams.org/news2007/1218-13.htm





]]> Wall Street: "Nuclear Loans. OMG NO!!"

Those bankers and utility executives are not going to talk about nuks?

Well, I'm sure they will talk.

Only to find out that it's also got the issue of being a risky high-capital expensive investment, fraught with huge potential of externilized costs coming back to haunt them, or default back on them.
http://www.manhattan-institute.org/html/eper_01.htm
http://greyfalcon.net/costlynuclear

The UK Nuclear industry is practically a poster child for huge loans going sour.
http://greyfalcon.net/nuclearvideo

Thats why the Nuclear Industry keeps demanding huge gigantic loan guaruntees payed exclusively by Taxpayers.  Because Wall Street won't go anywhere near it.
http://www.nytimes.com/2007/07/31/washington/31nuclear.ht ...

And they aren't even getting what they wanted either.  The DOE is apprehensive also it seems.
http://www.commondreams.org/news2007/1218-13.htm





]]> Comment #3 by mwildfire http://www.grist.org/article/for-whom-the-bell-coals/ Tue, 12 Feb 2008 01:16:25 -0800 http://www.grist.org/article/for-whom-the-bell-coals/3 but once it's settled...

Once US carbon policy seems clearer, I hope we won't have a resurgence in loans for coal plants. The above mentions the question of whether carbon allowances will be auctioned or handed out free. Well, excuse me but take a look at our current Congress. Do you think they'll refuse their extremely good friends in the power companies who want free permits? Nah. Their extremely good friends will make it well worth their while to vote in favor of continued cheap pollution.
But maybe further evidence of the dire seriousness of climate change will change the equation by then, and further demonstration of the safer alternatives. I hope so.

]]> but once it's settled...

Once US carbon policy seems clearer, I hope we won't have a resurgence in loans for coal plants. The above mentions the question of whether carbon allowances will be auctioned or handed out free. Well, excuse me but take a look at our current Congress. Do you think they'll refuse their extremely good friends in the power companies who want free permits? Nah. Their extremely good friends will make it well worth their while to vote in favor of continued cheap pollution.
But maybe further evidence of the dire seriousness of climate change will change the equation by then, and further demonstration of the safer alternatives. I hope so.

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