Monday, October 15, 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
Tampa’s last Sears survived bankruptcy closings, but Westshore Plaza is dropping Sears anyway

Tampa’s last Sears survived bankruptcy closings, but Westshore Plaza is dropping Sears anyway

Sears’ long-foreshadowed bankruptcy filing Monday came with the blow that more than 140 of its remaining 700 locations would be closed in a bid to save the once robust and venerable chain of department stores.But some locations not even on the list —...
Updated: 7 hours ago
Early Hurricane Michael claims: 38,000, $5.7M in damages

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As Panhandle residents began making their way back home over the weekend, clearer damage estimates began to arise: According to the Florida Office of Insurance Regulation, about 38,000 claims have been submitted for Hurricane Michael damage and $5.7 ...
Updated: 7 hours ago
Fish Tales Seafood House in St. Peterburg closes after nearly 20 years in business

Fish Tales Seafood House in St. Peterburg closes after nearly 20 years in business

Fish Tales Seafood House in St. Petersburg has closed its doors after nearly 20 years in business, the restaurant announced on its Facebook page Monday."It is with a heavy heart that I have to write this, but write it I must," the Facebook post state...
Updated: 9 hours ago
Tampa International Airport tops 20 million passengers in a year; St. Pete-Clearwater has biggest September ever

Tampa International Airport tops 20 million passengers in a year; St. Pete-Clearwater has biggest September ever

Tampa International Airport has surpassed the 20 million-passenger mark for the first time ever, closing out its budget year with more than 21 million passengers over a 12-month period.The airport exceeded its own expectations on Sept. 30 when it end...
Updated: 10 hours ago
Florida citrus expected to see 76 percent yield jump this season

Florida citrus expected to see 76 percent yield jump this season

This time last year, Florida was facing projections of its lowest orange yield in 75 years after the state’s citrus industry was ravaged by Hurricane Irma. But the most recent projections aren’t nearly as sour.The U.S. Department of Agriculture’s fir...
Updated: 10 hours ago
Drugmakers to disclose prices for medicines advertised on TV

Drugmakers to disclose prices for medicines advertised on TV

TRENTON, N.J. — Dozens of drugmakers will start disclosing the prices for U.S. prescription drugs advertised on TV. The prices won’t actually be shown in the TV commercials but the advertisement will include a website where the list price will be pos...
Published: 10/15/18
Hurricane Michael reminds us it’s past time to get smarter about where we build

Hurricane Michael reminds us it’s past time to get smarter about where we build

Avoidance is a great way to mitigate risk. As in, get out of trouble’s way, or don’t be there to begin with. When it comes to hurricanes, that good advice is getting harder to heed. In Florida, we continue to build along our coasts, ofte...
Published: 10/15/18
Sears files for Chapter 11 bankruptcy amid plunging sales, massive debt

Sears files for Chapter 11 bankruptcy amid plunging sales, massive debt

NEW YORK — Sears has filed for Chapter 11 bankruptcy protection, buckling under its massive debt load and staggering losses. Sears once dominated the American retail landscape. But the big question is whether the shrunken version of itself can be via...
Published: 10/15/18
Candidates for Pinellas commission race pause to help with natural disasters

Candidates for Pinellas commission race pause to help with natural disasters

As Election Day nears, the candidates for Pinellas County Commission have shifted from campaigning to helping residents deal with the aftermath of natural disasters.Democrat Amy Kedron held a town hall meeting and helped draft policies for businesses...
Published: 10/15/18
The Times 2019 Medicare Guide

The Times 2019 Medicare Guide

It has four main parts, labeled A, B, C and D. But after that, the rules can be wickedly complex. Nearly 60 million people are using it right now. And with an estimated 10,000 people reaching age 65 each day in the U.S., that number is growing fast.S...
Published: 10/15/18