NRC delays plutonium fuel use in power plants
The Nuclear Regulatory Commission proposed banning plutonium as a fuel for electric power generation until adequate safeguards exist. The decision could push back the Atomic Energy Commission timetable by up to three years, delaying approvals for plutonium-uranium fuel demonstrations at Big Rock Point in Michigan Dresden 2 in Illinois and Quad Cities 1 in Iowa.
MENTIONED IN THIS ARTICLE
Washington
UPI
Atomic ‘Energy Commission
Nuclear Regulatory Collission
NRC
Nal Aec
Atomic Industrial Forum
Earth
America
AEC
Big Rock Point
Charlevoix
Mich
Soliet
Quad Cities
Quad Cities Ll
Energy bill faces panel vote on gas tax hikes
In Washington the House Ways and Means Committee prepares to vote on an energy conservation bill that would raise gasoline taxes and tax new gas guzzlers. Key lawmakers clash over a windfall profits tax and price controls on crude oil as the panel moves toward final action expected Monday.
MENTIONED IN THIS ARTICLE
Washington
al Ullman
Dgre
Andrew Jacobs Jr
D-Ind
Ullman
Jdeabs
House
U.S
Ford
Barber B. Conable Jr
R- WY
GOP
Ways and Means
Nader warns of reactor dangers before Congress
Consumer advocate Ralph Nader told the Joint Economic Committee that the plutonium breeder reactor is a costly and dangerous project with catastrophic risks. He warned a core disruptive accident could blow up the reactor and release plutonium, while a DOE spokesman said such claims are false and no reactor has exploded anywhere. The hearing reviewed concerns over safety and necessity as plans for a demonstration reactor near Oak Ridge, Tennessee proceed.
MENTIONED IN THIS ARTICLE
Washington
Ralph Mader
Nader
Congressional Joint Economic Committee
Energy Resource and Development Administration
Fluctuating rate ban OK seen
Washington AP reports a ban on home mortgages with interest rates that fluctuate over the life of the loan likely to be approved by a Senate committee after House approval on Thursday 291 to 104. The vote forbids the Federal Home Loan Bank Board from allowing federally chartered savings institutions to offer variable rate mortgages despite industry push. The issue drew opposition from labor and consumer groups. the Senate hearing followed last month as lawmakers awaited House action.
MENTIONED IN THIS ARTICLE
Washington
Senate
House
Federal Home, Loan Bank Board
Home Loan Bank Board
Senate Banking Committee
Thomas M. Rees
D-Calif
Savings , and Loan
Rees
California
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