Word: nrc
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...National Research Council--an arm of the National Academy of Sciences--concluded that reducing emissions of sulfur dioxide from coal-burning power plants and factories will significantly reduce acid rain, which has probably contributed to the death of lakes and forests in the Northeast and Canada. Further, the NRC said that 90 to 95 percent of acid rain in North America comes from man-made sources, notably smokestacks and car exhausts. Finally, acid rain varies in direct proportion to the amount of sulfur dioxide in the air; reduce sulfur dioxide emissions by X, and acid rain will be reduced...
...recovered from the WPPSS debacle, but in recent weeks it has suffered a series of other reversals. In mid-January the federal Nuclear Regulatory Commission denied Illinois' giant Commonwealth Edison a license to operate its new Byron plant, which was nearly completed and had cost $3.7 billion. Reason: the NRC said it had "no confidence" in the quality-control procedures for some of the construction. Three days later, Public Service Co. of Indiana announced that it was canceling all further work on its 2,260-megawatt (MW) Marble Hill plant, half completed at a cost of some $2.5 billion...
...convincing. By the end of 1967 the U.S. had 28 times as much nuclear capacity on order as it did in operation. The capacity of plants under construction increased from 300 MW in 1962 to 700 MW in 1965 and 1,150 MW in 1972. "It is clear," said NRC Commissioner Victor Gilinsky, a frequent critic of the industry, "that we got ahead of ourselves in expanding and scaling up the applications of nuclear power as fast...
...Public Service Co. of Indiana from Baa2 to Ba2 after the company announced that it was abandoning the Marble Hill plant. Standard & Poor's has warned Illinois' Commonwealth Edison that its B1 rating of the utility's commercial paper was put on credit watch because of the NRC's denial of an operating license for the Byron units...
...power industry. Just three days earlier, the Nuclear Regulatory Commission refused to grant an operating license to the nearly completed $3.4 billion Byron nuclear power station near Rockford, Ill. Regulators said they had "no confidence" in the quality-control procedures for some of the plant's construction. The NRC's move was unprecedented in the commission's history and was more surprising because Byron's operator, Chicago's Commonwealth Edison, is regarded as the most experienced atomic power generator in the U.S. Though Commonwealth is appealing the decision, the NRC'S denial undoubtedly helped...