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#1 Enid Puceflange

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Posted 10 June 2014 - 05:55 AM

This seems like a rather nice demonstration as to why nuclear energy is an awful waste of money....

 

https://www.slate.co...g_billions.html

 

 

 

[color=rgb(40,27,33);font-family:'sl-ApresRegular';font-size:15px;]When the government first inked a deal in 1999 to build the so-called MOX facility—a one-of-a-kind plant designed to turn bomb-grade plutonium into commercial nuclear fuel—contractors estimated construction would cost $1.7 billion. Fifteen years later, lawmakers have already sunk more than twice that into the project, and will need to spend at least another $4 billion to finish the job. All told, the government now expects it would cost more than $30 billion to build and operate the plant during its 20-year lifespan—despite mounting concerns the project will fail.[/color]

 

TL;DR 

 

Obama Energy department trying to stop the financial bleeding, South Carolina lawsuit to keep the federal dollars flowing. Cue outrage in 3...2...wait, what?

 


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#2 Clintama

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Posted 10 June 2014 - 06:02 AM

Whenever the government is involved it will cost more money. Too much bureaucracy and inefficiency.


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#3 neddles

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Posted 10 June 2014 - 06:24 AM

Classic planning.


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#4 bdutton

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Posted 10 June 2014 - 06:58 AM

Seems like a bargain compared to the Big Dig.


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#5 pods8

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Posted 10 June 2014 - 07:03 AM

Most the issues with these projects is no accountability and performance based incentives/penalties.


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#6 shmgeggie

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Posted 10 June 2014 - 07:04 AM

Get with the program. Porkalus is only bad when you're trying to help the environment (queue mexas).
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#7 Murphy

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Posted 10 June 2014 - 07:07 AM

Seems like a bargain compared to the Big Dig.

 

is that thing still leaking or did they actually fix it a few years ago?


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#8 Enid Puceflange

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Posted 10 June 2014 - 07:08 AM

Most the issues with these projects is no accountability and performance based incentives/penalties.

That's the really interesting thing about this one - there IS accountability and they ARE checking for cost overruns, which is why the DoE is calling for it to be closed down. Plus, of course, the basic idea that nobody actually wants the fuel it is going to make, so there's a good chance that at the end of all of this the feds are going to have 30+ tons of radioactive stuff and nothing to do with it....


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#9 pods8

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Posted 10 June 2014 - 07:09 AM

That's the really interesting thing about this one - there IS accountability and they ARE checking for cost overruns, which is why the DoE is calling for it to be closed down. Plus, of course, the basic idea that nobody actually wants the fuel it is going to make, so there's a good chance that at the end of all of this the feds are going to have 30+ tons of radioactive stuff and nothing to do with it....

 

So there are penalties on this?  In my world liquidated damages are a common contract aspect.


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#10 davelew

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Posted 10 June 2014 - 09:13 AM

is that thing still leaking or did they actually fix it a few years ago?

 

Traffic is still better than it was before the Big Dig, so from my perspective it's working.


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#11 shmgeggie

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Posted 10 June 2014 - 01:58 PM

Traffic is still better than it was before the Big Dig, so from my perspective it's working.

 

Seattle thought it looked like such a good idea they'd start their own tunnel boondoggle. The machine got stuck December 2013 and they hope to have it repaired by March, 2015. With any luck, they'll be finished before an earthquake destroys the Alaska Way viaduct and kills a bunch of commuters. That thing's a disaster waiting to happen, as well as a ridiculous obstacle between Seattle and its waterfront.


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