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Steve Creamer wants to talk about saving the world. The CEO of EnergySolutions, a nuclear power cleanup and disposal company, says it's his personal mission to help usher in the "nuclear renaissance," an era he says is coming on the heels of the carbon emission dark ages. Creamer has spent the past three years amassing a near monopoly on low-level radioactive waste (LLRW) management in the U.S. His company now handles 99% of such waste, which includes contaminated clothing, equipment residue from reactor water and other materials. After acquiring eight companies and putting them under the Utah-based...

Author: /time Magazine | Title: Hitting a Nuclear Roadblock | 5/9/2008 | See Source »

...initially supported the plan, vowed to quash it. He ordered the state's representative to a multi-state compact that oversees LLRW disposal to vote against it. The company has since filed a federal lawsuit arguing that the compact does not have authority over the Utah landfill. The Nuclear Regulatory Commission will ultimately approve or deny the application...

Author: /time Magazine | Title: Hitting a Nuclear Roadblock | 5/9/2008 | See Source »

EnergySolutions has invested heavily in reputation-building, including millions for naming rights to the basketball stadium that hosts the Utah Jazz. The company has also contributed to Senators and Congressman who wield power over the nuclear industry. EnergySolutions spent more than $1 million on lobbying in 2007 and its political action committees have donated more than $145,000 to House and Senate campaigns since 2005. (The company has operations in South Carolina and its political action committees and employees have given at least $45,800 to that state's senior Senator Lindsey Graham since 2005.) In Utah, the EnergySolutions...

Author: /time Magazine | Title: Hitting a Nuclear Roadblock | 5/9/2008 | See Source »

...help other countries... that's something that would have to be considered." That hedging is at odds with a recent annual report filed with the Securities and Exchange Commission that makes clear that the company defines its mission as a global enterprise. "Internationally, as countries endeavor to expand nuclear power generation, many seek to address the clean-up associated with legacy nuclear infrastructure. With our major presence in the U.S. and Europe we are in an excellent position to benefit from that trend." The report also says EnergySolutions' "business would suffer" if applications like the one in question were...

Author: /time Magazine | Title: Hitting a Nuclear Roadblock | 5/9/2008 | See Source »

Sixty years since its birth, Israel still lives in peril and without peace. Israelis worry about the threat of a nuclear attack from Iran. They worry that Hizballah will pepper them with more missiles launched from southern Lebanon and that Palestinian rockets fired from Gaza will inevitably land in a crowded Negev school yard. And they worry that Palestinian suicide bombers will once again explode in the buses and cafès of Tel Aviv and Jerusalem. "We used to think that every year we survived was a miracle, a gift," an Israeli friend confides gloomily, "but now all I think...

Author: /time Magazine | Title: Israel at 60: The Long View | 5/8/2008 | See Source »

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