Monday, August 20, 2018
Business

Readers comment on business news

Math guts nuclear myth | May 12

Significant costs untallied

Some very significant costs associated solely with nuclear plants were omitted from the article.

During the nuclear plant's 60-year operating life, what will it cost to regularly remove, contain, transport and store (basically forever) all the radioactive waste regularly generated at the plant (i.e. spent fuel rods, containment suits, coolant, tools, etc.)?

At the end of the nuclear plant's 60-year operating life, what will it cost to dismantle, package, transport and store all the razed radioactive building materials, soil, tools and heavy equipment in perpetuity?

Can this now-vacant parcel of land be used for building, say, an elementary school? Or will it become a hazardous radioactive site requiring a 24/7 guard against trespassers? That adds even more costs.

Steven Hunt, St. Petersburg

Nuclear plants offer benefits

The May 12 article "Levy nuclear plant more costly than a natural gas facility" fails to account for the economic and environmental benefits the two nuclear plants would bring to Florida. Progress Energy Florida, now Duke Energy Florida, determined in 2008 that the Levy nuclear plants would benefit the state by providing fuel diversity and price stability for consumers while avoiding air emissions.

In 2012, Florida generated 68 percent of its electricity from natural gas, a significant increase from 47 percent in 2008. Floridians may recall that in 2008 and 2009, the state endured its highest-ever electricity costs when natural gas prices were hitting all-time highs. Five years later, Florida relies even more on natural gas.

Just like a diversified financial portfolio is important for investors, so is a diversified energy portfolio for consumers. By relying ever more heavily on natural gas, Florida is putting itself in an increasingly vulnerable position if and when natural gas prices change.

Further, if natural gas plants are built instead of the two Levy nuclear plants, the gas plants will consume nearly 8 trillion cubic feet of natural gas and emit more than 500 million metric tons of carbon dioxide over 60 years.

The Levy nuclear plants will help Florida manage and balance any future that includes changes in carbon regulations and natural gas fuel costs, and an overreliance on any one form of electricity generation.

Richard Myers, vice president, Nuclear Energy Institute

Postal Service posts $1.9B loss | May 11

Time to let FedEx take over

Congress, are you listening? It is time to ask Federal Express to take over the post office and end the pension problem. As long as postal workers know their union will protect them, too many will provide unacceptable and/or unpleasant service along with typical government finger-pointing as to who is at fault.

Kay Grifiths, Redington Beach

Comments
TECO customers wonít pay for hurricane recovery costs

TECO customers wonít pay for hurricane recovery costs

Itís official ó Tampa Electric Co. customers wonít be paying for hurricane recovery costs. State regulators on Monday unanimously approved the utilityís request to use savings under the new federal tax law to cover hurricane-related costs."The ratepa...
Updated: 4 hours ago
Red Tide or not, Pinellas County confident it will reach record tourism tax dollars

Red Tide or not, Pinellas County confident it will reach record tourism tax dollars

Visit St. Petersburg Clearwater, Pinellas Countyís tourism arm, is on par to surpass the $54.7 million it collected in bed tax money last fiscal year. Even if a bout of Red Tide hits the beaches hard. It would be the highest amount of money the count...
Updated: 5 hours ago
Canadaís Flair Airlines to offer new nonstop service between Winnipeg and St. Pete-Clearwater International Airport

Canadaís Flair Airlines to offer new nonstop service between Winnipeg and St. Pete-Clearwater International Airport

CLEARWATER ó Canada-based Flair Airlines on Monday said it will launch nonstop flights between Winnipeg and six Sunbelt destinations, including St. Pete-Clearwater International Airport."Having brought low-fare service to 10 Canadian cities this summ...
Updated: 5 hours ago

Hernando Business Digest for Aug. 24

Business digestBrieflyCHICK DAYS AT TRACTOR SUPPLY: Tractor Supply, 18741 Cortez Blvd., Brooksville, is celebrating Chick Days now through Sept. 23. Although some may associate springtime with starting a flock, experts agree that late summer is a gre...
Updated: 5 hours ago
Tampa Bay, state gas prices down 5 cents over the week

Tampa Bay, state gas prices down 5 cents over the week

Summer is winding down, and so are gas prices. Florida pump prices averaged $2.76 per gallon Monday, down five cents over the week. Thatís just ahead of Tampa Bayís $2.72 per gallon average, which was also down five cents since last week according to...
Updated: 7 hours ago
PepsiCo buys Israelís SodaStream for $3.2 billion

PepsiCo buys Israelís SodaStream for $3.2 billion

JERUSALEM ó Beverage giant PepsiCo on Monday purchased Israelís fizzy drink maker SodaStream for $3.2 billion, a boon for a company that has enjoyed a resurgence after being targeted by anti-Israel boycotters in the past. PepsiCo said it was acquirin...
Updated: 10 hours ago
Volkswagen scam: How will Florida spend its windfall from the diesel-gate settlement

Volkswagen scam: How will Florida spend its windfall from the diesel-gate settlement

The state has a challenge: How to spend a windfall from the Volkswagen diesel-gate scandal. The German manufacturer agreed to pay $2 billion to promote zero-emission vehicles and spend billions more to buy back or modify most of the cars. Nearly $3 b...
Updated: 9 hours ago
Dear Penny: How can I tell my boss to stop making fun of my old car?

Dear Penny: How can I tell my boss to stop making fun of my old car?

Dear Penny,Iím a recent college grad whoís been working an entry-level job for the past year. I only make about $33,000 a year, but Iím doing OK. Iím able to pay my bills without taking on more debt. One of the reasons Iím able to do so is that I dri...
Published: 08/17/18
Updated: 08/19/18
Pinellas commission candidate faced stalking, abuse claims

Pinellas commission candidate faced stalking, abuse claims

ST. PETERSBURG ó A political newcomer seeking a Pinellas County Commission seat has faced accusations of physical abuse and stalking from her former fiance, who twice sought court-ordered protection from her.Both allegations came after Democrat Amy K...
Published: 08/17/18
Tampa Bayís seventh renovated Winn-Dixie opens in Hernando County

Tampa Bayís seventh renovated Winn-Dixie opens in Hernando County

SPRING HILL ó The latest Winn-Dixie remodel opened in Hernando County on Thursday.This marks the seventh remodeled Winn-Dixie parent company Southeastern Grocers has unveiled in Tampa Bay this year. The chain promised renovations following emerging f...
Published: 08/17/18