After years of corrupt dealings between the Clinton family, the Biden family, and the administration of former President Barack Obama, all of which contributed to Russia’s near-total monopoly on uranium, one Ohio utility company needs to keep that uranium flowing for its nuclear energy production.
The National Energy Institute (NEI), a trade group of U.S. nuclear power generation companies including Duke Energy Corp … and Exelon Corp … is lobbying the White House to keep the exemption on uranium imports from Russia, the sources said, according to a report in Reuters.
Duke Energy, based on Charlotte, North Carolina, supplied hundreds of thousands of Ohioans with electricity and natural gas. Its nuclear energy plants are located in North and South Carolina.
The lobbying effort comes amid the Ukrainian-Russian war, which has earned the latter country admonishment and sanctions from the U.S. government.
Despite economic sanctions, the exception that U.S. energy companies can import Russian uranium remains in place. Many companies in other industries have decided to boycott Russia completely, and others still have condemned the country.
Energy Harbor, which acquired FirstEnergy after that company’s massive bribery scandal and subsequent bankruptcy, runs the only two nuclear power plants in Ohio.
That company did not return a request for comment from The Ohio Star about where it gets its uranium supply.
Just The News Thursday exposed the ongoing Democrat sellout of America’s uranium supply, which resulted in Russia and Russia-controlled Kazakhstan and Uzbekistan becoming the world’s preeminent suppliers of Uranium.
Perhaps the largest sellout was the 2015 Uranium One deal.
Just The News reported:
Before the Russian takeover, Uranium One was a Canadian company that mined Uranium around the world. It had assets on at least three continents — Eurasia, Africa, and North America. Its assets in Wyoming, Utah, and other states constituted approximately 20% of U.S. uranium capacity and meant that the Obama-Biden Committee of Foreign Investment in the U.S. (CFIUS) would have to sign off on the deal. They could have said no, but the deal was approved.
Investors in the deal had funneled $145 million into Secretary Clinton’s family foundation. Its approval helped to give Russia a near-monopoly on global uranium production.
The Obama administration also approved the “123 Agreement,” which allowed Russia and its state-owned uranium giant Rosatom to sell nuclear energy material directly to American companies.
One of the largest beneficiaries of that deal was a utility giant called Exelon, which owns such utility companies as Consolidated Edison in Illinois. When Obama left office, he set up the Obama Foundation. One of his first donors was Exelon, which cut the former president’s organization a cool $10 million check.
Despite the special treatment, that company bemoaned U.S. nuclear energy policies in a recent press release.
“Ohio-based FirstEnergy Solutions announced March 29 that it plans to permanently shut down its David-Besse and Perry nuclear power plants in Ohio and its Beaver Valley nuclear power station in Pennsylvania, barring state or federal policy solutions that would value their collective 4,048 megawatts of clean, reliable generation,” the release said.
“The announcement of these additional nuclear retirements is further proof that the industry has reached an inflection point in the debate over market reforms to recognize the value of the nation’s largest and most resilient source of emissions-free energy,” it continued. “Current state and federal policies place a value on the environmental benefits of wind, solar and more than a dozen other clean energy technologies, but exclude nuclear even though it accounts for more than 60 percent of the nation’s zero-carbon energy.”
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Pete D’Abrosca is a reporter at The Ohio Star and The Star News Network. Email tips to [email protected].
Photo “Perry Nuclear Powerplant” by FirstEnergy Solutions. CC BY-ND 2.0.
Australia has all the uranium you’d ever want. A reliable supplier.
What’s the problem?
They should just switch to natural gas. It’s cheaper and better for the environment.