Monday, October 13, 2008

Money & Business

Capital Commerce

McCain's Phantom 100 Nukes

June 19, 2008 10:38 AM ET | James Pethokoukis | Permanent Link | Print

So John McCain outlined his energy security plan Wednesday. He wants offshore drilling, $2 billion a year on clean coal technology (carbon capture and sequestration) research, and the building of 100 new nuclear reactors, 45 by 2030.

About the nukes: It is my understanding that such a plan would merely replace our 104 aging nuclear reactors and thus ultimately do nothing to diversify America's energy portfolio away from fossil fuels. Indeed, the McCain campaign's optimistic estimates of being able to cap carbon emissions without damaging the economy depend on a 150 percent increase in nuclear capacity, not merely replacing existing capacity as reactors age. Something doesn't add up here.

Also, please read this insightful take by Larry Kudlow (Maximum Friend of The Blog) on McCain's energy plan.

Tags: energy policy | John McCain | energy

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Reader Comments

Presidential Temperament?

From one concerned citizen of U.S.A,

Dear American Voters, reporters, media. professionals, political parties, and presidential Nominees,

Hon. Senator McCain and Obama, besides each having many attributes and characteristics.

The critical differences between the two of these presidential presumptive nominees in my opinion are as under:

1. Presidential "Temperament and Caliber".

2. Little Washington "insider Versus outsider" experience.

3. "Vision and mission" for our nation future rather than past.

4. American policies, " first U.S.A Centric" than any other country [ ies ] centric.

In my professional opinion Senator Obama leads in all above qualities and attributes.

Senator Obama and his administration along with congress will address all the critical current and future domestic and foreign issues, challenges, and opportunities in coming years.

Let us remember and recite following concepts:

" Family, Friends, Fellows, Faith, Funds, Foundation [s], Fun, with Freedom & Fairness and without Fear, Favor, & Failure" . It applies to every citizen of our Greatgrand Nation.

Please stay involved, stay engaged, and stay informed. Please do not allow any seduction, deception, and or confusion by some partisan media and leaders effect your vote [ Psychological Terrorism ]..

Yours truly,

COL. [retd] A.M.Khajawall

Disabled American Veteran

Forensic psychiatrist, Las Vegas

PS: Please talk about the " Presidential Temperament And Caliber " of our presumptive presidential Nominees. We do talk about the "Judicial Temperament" of our Supreme Court Justices nominees and so far we have failed to talk about the " Presidential Temperament " of our presumptive presidential nominees. The " Presidential Temperament " is the ultimate and in my opinion only requirement of our president as that effects every living soul here and around the world.

Thanks again.

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About the Capital Commerce Blog

Send an E-mail to capcom@usnews.com.

James Pethokoukis is the money and politics blogger for U.S. News & World Report , where he writes the monthly Capital Commerce magazine column. Pethokoukis is also the assistant managing editor of the magazine's Money & Business section. He has written for many publications including the New York Times, the American, USA Today, Investor's Business Daily, and TCS Daily. Pethokoukis is also an official CNBC contributor and appears frequently on that network's Kudlow & Company, Power Lunch, and The Call shows. In addition, he has appeared numerous times on MSNBC, Fox News Channel, Fox Business Network, CNN, and Nightly Business Report on PBS. A 1989 graduate of Northwestern University where he double majored in Soviet politics and American history and a 1991 graduate of the Medill School of Journalism, Pethokoukis is a 2002 Jeopardy! champion.

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