The Nuclear Regulatory Commission is playing with fire -- literally. The federal government's nuclear industry watchdog recently granted the Browns Ferry plant in Alabama an extra year to comply with agency fire regulations.
Did you ever wonder why some of America's greatest public works projects were accomplished during its worst depression? President Obama has the right idea when he calls for major investment in 21st Century infrastructure.
Failure to act in a swift, decisive and effective manner will have severe environmental and economic repercussions. Part of any action plan must be breaking our dependence on antiquated conventional power generation.
Obama should seize this moment by establishing our own National Oil Trust. It could be modeled after our experience with the TVA and that of the world's third largest energy exporter, Norway's National Oil Trust.
The revenues from oil and gas deposits should be channeled toward developing alternative energy sources as the cornerstone of a viable program for breaking our increasingly dangerous dependency on fossil fuels.