Page 10 University Daily Kansan, September 16, 1983
Energy Secretary supports completion of reactor
By United Press International
WASHINGTON — Energy Secretary Donald Hodel told Congress yesterday that the long-debated Clinch River breeder reactor, Oak Ridge, Tenn., will be because 30 years of research and $1.6 billion dollars already had been spent on it.
"The reason I continue to support Clinch is that we're well into this project," Hodel, whose past support has been lukewarm, told the House subcommittee on energy research and production.
Hodel conceded he would not now propose starting such a project, but
"We're $1.6 billion into this project," he wrote in investment 30 years on this technology.
said the past investment justified its completion.
THE ENERGY DEPARTMENT'S proposal now being considered by Congress calls for raising $1 billion in private financing, mainly from the public sector, and for Congress to appropriate another $1.5 billion to complete the project.
Hodel said the project had the strong support of President Reagan.
But critics blasted the financing plan as a "sham" that would enable investors - private utilities - to profit through tax benefits. They also charged
Rep. Howard Wolpe, D-Mich., said, "The Clinic River project is the perfect example of the unjust federal spending the federal government we're to eliminate the federal deficit."
the "back-doer" financing might cost the treasury more than would finishing the project with appropriated funds.
"The proposal before your committee remains an entitlement program for the utility industry," he said. "Clinch River is part of our country's energy problem, not its solution."
REP. SID MORRISON, R-Wash., told the subcommittee that the breeder, which is designed to produce more
"There are three sources of essentially limitless energy — fusion, direct applications of solar energy and the breeder," he said. "Of these three, only one can meet the breeder reaction, is currently within our technological grasp."
nuclear fuel than it uses, was important to the nation's energy future.
Sen. Gordon Humphrey, R-N.H., said every new analysis of the breeder in recent years claimed the project was worth about $2 billion from completion.
"The new plan is not cost sharing at all," he said. "It's a back-door scheme of doing what Congress has refused to do."
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