Monday, June 18, 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
Private Florida firm buys Rent-A-Center in $1 billion deal

Private Florida firm buys Rent-A-Center in $1 billion deal

An Orlando private equity firm has purchased lease-to-own business Rent-A-Center in a deal valued at more than $1 billion.Vintage Capital Management put a bid in for the company on Friday: $15 per share, $1 per share above its previous offer. Rent-A-...
Updated: 4 hours ago
Report: 40 percent of Florida property will be ‘highly exposed’ to flooding

Report: 40 percent of Florida property will be ‘highly exposed’ to flooding

One of Florida’s biggest draws is also one if its biggest liabilities — its coastline. A new report projects that Florida is at the greatest risk of any state for tidal flooding caused by rising sea levels. And Tampa Bay faces some of the greatest ri...
Updated: 4 hours ago
Mazzaro’s gets ready to reopen

Mazzaro’s gets ready to reopen

day after an electrical fire broke out in its dry goods warehouse Friday night.Dominic Horwath, a grocery manager at Mazzaro’s on 22nd Ave. N, said staffers spent Monday and the weekend moving things into other warehouses.The damage from the fire at ...
Updated: 5 hours ago
Mazzaro’s market set to reopen Tuesday after blaze damaged one of its warehouses

Mazzaro’s market set to reopen Tuesday after blaze damaged one of its warehouses

ST. PETERSBURG — Mazzaro’s Italian Market is scheduled to reopen Tuesday after an electrical fire broke out its dry goods warehouse Friday night.Dominic Horwath, a grocery manager at Mazzaro’s on 22nd Avenue N said staff spent Monday and the weekend...
Updated: 8 hours ago
Developer Grady Pridgen buys St. Pete’s shuttered Edward White Hospital

Developer Grady Pridgen buys St. Pete’s shuttered Edward White Hospital

ST. PETERSBURG — Edward White Hospital, closed four years ago because of declining revenues, has been sold to developer Grady Pridgen for $2.7 million.Pridgen could not be reached Monday for comment. City officials said he has submitted plans for rem...
Updated: 10 hours ago

Hernando Business Digest for June 22

Business digestBrieflyHOSPITAL RECEIVES AWARD: Oak Hill Hospital in Spring Hill was the recipient of Healthgrades 2018 Patient Safety Excellence Award, a designation that recognizes superior performance of hospitals that have prevented the occurrence...
Updated: 12 hours ago
Pasco Business Digest for June 22

Pasco Business Digest for June 22

Business digestBrieflyHOSPITALS RECEIVE AWARD: Regional Medical Center Bayonet Point and Medical Center of Trinity were recipients of Healthgrades 2018 Patient Safety Excellence Award, a designation that recognizes superior performance of hospitals t...
Published: 06/18/18
Tampa Bay gas prices keep falling

Tampa Bay gas prices keep falling

The summer reprieve in gas prices is continuing.After flirting near the $3 mark, Tampa Bay gas prices fell another six cents a gallon over the past week to an average of $2.65 for unleaded, a wide gap with the national average of $2.91 a gallon, acco...
Published: 06/18/18
Your barista is a robot. Should it be friendly?

Your barista is a robot. Should it be friendly?

SAN FRANCISCO - The cold, steely arm of Fernando the Barista swirled the foam of my matcha latte, set it down gently, and waved goodbye from inside a glass case. San Francisco, 2018. Where you can get robot pizza and robot salad, and now, a robot mat...
Published: 06/16/18
Riverview’s commercial real estate prices rise as community booms

Riverview’s commercial real estate prices rise as community booms

RIVERVIEW — The basic economic principle of supply and demand defines Riverview’s current struggle with commercial real estate.With a lack of available affordable commercial properties and a booming population, demand currently exceeds supply in Rive...
Published: 06/15/18
Updated: 06/18/18