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The End Comes for a Troubled California Nuclear Plant

2013-06-07 20:00:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: The two reactors at Californias troubled San Onofre Nuclear Generating Station will be permanently shut down, the plants owners said today. The Los Angeles Times has the details in this piece: Activists praise San Onofre closure, but 1,100 layoffs expected. The decision leaves one operating plant, Diablo Canyon, in the state. Troubles at the San Onofre plant started building in January last year, with the problem described succinctly in The Times: In 2009 and 2010, Southern California...

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WNC Closes California Affordable Housing Fund

2013-06-07 19:49:00| National Real Estate Investor

WNC, an investment company based in Irvine, Calif., which focuses on affordable housing, announced the closing of its WNC Institutional Tax Credit Fund X, California Series 11 L.P., a $46 million fund focused on government-subsidized affordable housing developments in California. read more

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Nuclear Dominoes Fall in California and Kentucky

2013-06-07 18:56:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: Southern California Edison (SCE) has abandoned plans to restart its two nuclear reactors at San Onofre. The announcement this morning comes exactly one week after termination of operations at the Paducah, Kentucky, uranium enrichment plant, which for decades had provided the fuel for San Onofre. It drops the number of operating nuclear reactors in the U.S. below one hundred for the first time since the early 1980s. The San Onofre decision ends 18 months of wrangling between the utility and environmental...

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California nuclear plant to shut

2013-06-07 18:17:00| Climate Ark Climate Change & Global Warming Newsfeed

BBC: A California nuclear power plant will close permanently amid doubts it could operate safely, 18 months after a small radiation leak was discovered. The San Onofre plant near Los Angeles halted operations in January 2012 after radioactive water tubes were damaged. Operator Southern California Edison has faced a series of regulatory inquiries. San Onofre powered 1.4 million homes but regulators say they can supply sufficient electricity through the summer barring threats to other plants. ...

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Fracturing in California

2013-06-07 17:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Wall Street Journal: Few issues divide Democrats more than energy policy, as we've learned as unions and environmentalists fight over the Keystone XL pipeline. More evidence now comes from California, where greens have lost an attempt to ban oil and gas hydraulic fracturing. Democratic leaders brought their fracking moratorium bill to the Assembly floor last week, and their rank and file revolted. The bill lost 37-24, with 12 Democrats joining 25 Republicans to defeat it. Another 18 Democrats abstained, and it's a good...

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