Nukewatch Quarterly Fall 2015
Martha is our newest Nukewatch staffer. She has been visiting the Plowshares Land Trust since 2009 when she was a student group leader at the College of Saint Benedict, where she majored in Peace and Conflict Studies and Political Science. Recently she made the big move out to the farm and joined us on staff at Nukewatch. She has lots of experience working with young folks and leading groups on justice-oriented trips. At Nukewatch, Martha will be the point person for organizing students wanting to visit the farm and also for educational forums and trainings that other organizations would like to host. She loves to bake, ride horses, travel, garden, and lay in her hammock.
While France has aspired to fuel the nuclear renaissance, economic woes have plagued the industry. The large French nuclear power company Areva recently entered bankruptcy after a loss of $7.37 billion over four years and had to be taken over by the government-run EDF. Yet EDF is having financial troubles of its own, with a $38 billion debt and a negative cash flow. Amidst a throng of reactor construction contracts going over budget and running years behind schedule, along with the discovery of a major design flaw, the company had to abandon several projects. Since our last Quarterly, Areva’s reactor licenses for Calvert Cliffs 3 in Maryland and Callaway 2 in Missouri have been officially canceled. The French government needed a new plan to prevent an economic disaster for the country.