Re: A New Way To Bash Nuclear Power (Reply from the mutual fund)

["ruth_weiner" <ruth_weiner@email.msn.com>]

YES I have "problems with the technical basis presented"  What was presented
was not a technical justification for anything -- only a lot of
unsubstantiated stuff and opinion.  It read like the same old same old,
slightly gussied-up anti-nuke propaganda.

Ruth F. Weiner, Ph. D.
7336 Lew Wallace NE
Albuquerque, NM
505-856-5011
fax 505-856-5564
ruth_weiner@msn.com



-----Original Message-----
From: Abelquist, Eric <AbelquiE@orau.gov>
To: Multiple recipients of list <radsafe@romulus.ehs.uiuc.edu>
Date: Thursday, March 30, 2000 2:40 PM
Subject: RE: A New Way To Bash Nuclear Power (Reply from the mutual fund)


>Here's the stated reasons for the mutual fund not including nuclear power
>plants.
>
>This is Joan Lindo's (Calvert Group)reply:
>
>"Good Afternoon,
>
>Calvert does not invest in nuclear power plant operators, owners, or
>contractors because we are concerned that nuclear energy is neither
>environmentally nor economically viable using current technology.  Nuclear
>electric plants are some of the highest-cost generating plants in the
United
>States, and many are considered stranded assets--assets whose costs cannot
>be recovered is electricity restructuring affords competition.  Moreover,
>real solutions to radioactive waste disposal are still elusive, and the
>volume of radioactive waste is still growing, totaling approximately
150,000
>tons in the late 1990s.  This waste poses problems for the environment as
>well as for nuclear non-proliferation; both problems will last for many
>generations.  We are also aware that other sources of electricity pose
>problems.  As is the case with any company we invest in, we thoroughly
>analyze power producers for their environmental compliance and
impact,safety
>and health concerns, labor practices, and human rights records.  Many
fossil
>fuel electricity producters do not meet our criteria for these reasons.
The
>utility companies and electric generators in our portfolios all have
>above-average records on these dimensions.
>  Thank you for your inquiry."
>
>Any problems with the technical basis presented?
>
>Regards
>Eric Abelquist
>abelquie@orau.gov
>
>-----Original Message-----
>From: Gerald.P.Lahti@ucm.com [mailto:Gerald.P.Lahti@ucm.com]
>Sent: Thursday, March 30, 2000 11:48 AM
>To: Multiple recipients of list
>Subject: A New Way To Bash Nuclear Power
>
>
>The following appeared in the Chicago Tribune, March 29, 2000, "Your Money"
>section (page 5).  The syndicated column, "Mutual Funds" written by Charles
>A. Jaffe of the Boston Globe [jaffe@globe.com). discussed the Vanguard
>Calvert Social Index Fund.
>
>Funds such as this buy only stocks that revolve "around the basic belief
>that it is possible to 'do well' while 'doing good' .  To make that happen,
>social investors weed out companies that act in ways that are not
consistent
>with their individual beliefs.  Social screens cover everything from
>environmental and societal concerns to personal or religious preferences.
>So, for example, Calvert's index (and in turn Vanguard's new fund) will
>avoid stocks tied to alcohol, tobacco, gambling and nuclear power..."
>
>Interesting grouping!!  Enough said.
>
>* * * * * * * * * * * * * * * * * *
>Jerry Lahti
>Radiological Safety Specialist
>ComEd - Downers Grove
>(630) 663-6659
>gerald.p.lahti@ucm.com
>* * * * * * * * * * * * * * * * * *
>
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