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Shaping Energy Technology Transition

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Shaping Energy Technology Transition ( shaping-energy-technology-transition )

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Impact of Nuclear Energy Development Policies on National Objectives Energy Independence and Security Nuclear energy provides a safe and reliable domestic source of energy. By providing government guaranteed loans and nuclear production credits, the government would help foster the expansion of nuclear power and, if used to charge batteries or produce hydrogen for cars, diminish the nation’s dependence on imported petroleum from unfriendly nations. Economic Impact and Feasibility By investing in nuclear power, new jobs will be created in advanced research, construction and maintenance of new power plants, and storage and disposal facilities. The United States could once more lead the world in advanced nuclear technology. Additionally, as Greenpeace co-founder Patrick Moore pointed out in a survey response, the United States would reduce its purchase of offshore oil and natural gas, reducing the costs of importing energy.62 Environmental Impact As discussed earlier, nuclear energy leaves a small physical footprint compared to other alternative energy technologies and produces no carbon emissions other than in the mining of the fuel and construction of the facilities.63 By expanding research and development efforts and continuing government guaranteed loans and nuclear production credits, nuclear power can meet the base-load energy demands for the nation efficiently and with reduced carbon emissions. Further research and development must address issues surrounding spent fuel, including central storage, reprocessing, and disposal, that may lead to environmental degradation and health issues. Policies to Promote Public Awareness of the Energy Technology Transition The government should partner with private industries to educate the public about the policies fostering a transition away from hydrocarbon-emitting energy sources to ease misgivings about higher prices for goods, build trust, and enable Americans to make informed energy decisions. A public/private campaign should explain the reasons for a carbon tax and how it affects consumers. The campaign should address the importance of energy efficiency to households and businesses and the potential effects of renewable energy and nuclear power. The government will build trust and confidence through this awareness campaign and mitigate concerns over the carbon tax. The government will then be seen as pursuing the best interests of society and the environment. As noted by an expert at the Solar Energy Industries Association, informing the citizenry will allow individuals to make the best decision themselves.64 184

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