Southeast Green - Business depends on the environment and the environment depends on business

Nuclear Construction Project in Free Fall

Georgia’s official project monitor warns of 4-year delay and persistent incompetence as corps sue and counter-sue over $930 million in first-year cost overruns

The first US nuclear plant being built in a generation tumbles further into a perfect storm of cost overruns, delays, corporate bungling and an uncertain future, as documented last week by a career nuclear engineer monitoring the project for Georgia regulators.

Read more...

Solyndra-Style Problems Seen in $8.33 Billion Federal Loan Guarantee for Vogtle Nuclear Reactor Project

FOIA-Disclosed Documents Expose Inadequate Attention to High Risk Faced by Taxpayers, Problems with Loan Due Diligence and Apparent Political Interference

Documents newly acquired under a Freedom of Information Act (FOIA) request and subsequent litigation show that Solyndra-like problems are plaguing the controversial $8.33 billion federal loan guarantee conditionally committed for the construction of two nuclear reactors (Vogtle 3 and 4) in Georgia, according to a new analysis by Synapse Energy Economics and Earth Track for the Southern Alliance for Clean Energy (SACE).

Read more...

GEFA Awards $13.4 Million for Environmental Infrastructure

January 29, 2013. The cities of Hinesville, Ludowici, McDonough and Winder, the Hart County Water and Sewer Authority, the Joint Development Authority of Jasper, Morgan, Newton and Walton Counties, and the Newton County Board of Commissioners, were awarded financing totaling $13,455,529 for water and wastewater infrastructure improvements by the Georgia Environmental Finance Authority (GEFA) board of directors today.

Read more...

Full of Useless Information