“Lower energy costs, driven by our massive oil and gas supply, support private sector investment in the U.S. and further economic growth. Manufacturing consumes approximately one-quarter of energy in the United States.” So said the U.S. Department of Energy (DOE) in 2020. While not without controversy, nuclear energy per the DOE on 3.29.2021 said: “Nuclear energy protects air quality by producing massive amounts of carbon-free electricity.” StreetFins, a financial news site said: “According to the Nuclear Energy Institute, the U.S. nuclear industry supports approximately 475,000 jobs and contributes around $60 billion to the U.S. economy each year,” in a report on 3.20.2023. These thoughts aren’t new, as the left-leaning Brookings Institute said: “A plausible way to slow emissions of carbon dioxide into the atmosphere is to generate a larger share of electricity through nuclear power” in a report 2 decades ago. Meaning, there are those across the left-center-right spectrum that find some appeal to the notion of using more nuclear energy, which will be the focus of today’s report. When energy is produced in an economically viable fashion that is also mindful of not producing toxic environmental impacts, that is an area that can reduce costs over time across the domestic economy. Manufactured housing, as in any production industry, requires energy to build homes and also requires energy to move and install them. Thus, this insightful topic from Real Clear Wire via the WND News Center to MHProNews ought to be relevant to almost everyone in the industry, as well as others living in the U.S.
Part I
There is no clean future without nuclear energy
Polling shows majority of Americans favor industry
By WND News Services
Published January 6, 2024 at 2:59pm
[Editor’s note: This story originally was published by Real Clear Wire.]
By Grace Stanke & Heather Reams
Real Clear Wire
On the heels of the United Nations Climate Change Conference in Dubai, it’s clear that nuclear energy’s role in achieving a clean energy future cannot be overlooked or understated.
At COP28, we heard from dozens of top minds in-person and from afar who echoed the same message: Transitioning to cleaner energy sources cannot come at the price of an unreliable power supply, and that is where nuclear energy comes in. Not only is it a reliable, proven technology, but it is also clean, producing zero carbon emissions. Already, the United States’ 94 nuclear power reactors generate around 18% of all U.S. electricity.
That share could grow with the U.S and 21 other countries’ pledging at COP28 to triple nuclear energy capacity by 2050. However, achieving this lofty goal is easier said than done in the United States with our antiquated permitting and licensing processes.
Just look at Georgia. It took over a decade from project conception to get Plant Vogtle Unit Three up and running, and this was the first new nuclear reactor built in the U.S. in more than 40 years. Lawmakers and the public watched as the project hit roadblock after roadblock, hindered by overburdensome regulations and licensing hurdles that translate into ballooning costs and construction delays.
Reforming our broken permitting and licensing processes for new nuclear projects is important to incentivize investment in the most reliable form of clean energy, and progress is being made.
Earlier this year, the U.S. Senate passed Sen. Shelly Moore Capito’s (R-W.V.) bipartisan Accelerating Deployment of Versatile, Advanced Nuclear for Clean Energy (ADVANCE) Act of 2023, legislation that would boost development of new nuclear technologies and position the U.S. as the world’s leader in nuclear innovation.
Just a few weeks ago, Rep. Jeff Duncan (R-S.C.) introduced the Atomic Energy Advancement Act, a comprehensive bipartisan bill that aims to update nuclear licensing and ensure efficient regulation and deployment of nuclear energy technologies. Rep. Duncan and Rep. Diana DeGette (D-Col.) even spoke about this legislation at COP28 during a panel discussion on the advancement of U.S. nuclear technology as a catalyst for lowering emissions around the world.
The bipartisan, bicameral focus on this matter proves what we know to be true: There is no clean future without nuclear energy, and America has an undeniable opportunity to lead the world in this nuclear energy renaissance.
While nuclear reactors have certainly faced an uphill PR battle, the tide is changing. Polling from this year indicates the majority of Americans, 57%, “favor more nuclear power plants to generate electricity in the country.”
This support also increases for residents who see the benefits of nuclear energy firsthand. CRES Forum polling found that Republican and Independent support for nuclear power generation increased 29 and 18 percentage points for respondents who live near a nuclear reactor and get to experience firsthand the benefits of low-cost, reliable, carbon-free power.
The United States already leads the world in emissions reduction having decreased energy-related CO2 emissions 15% since 2005, while countries like China have significantly increased their emissions with no apparent plans to slow down. Nuclear provides yet another avenue for the U.S. to build out its decarbonizing infrastructure without sacrificing much-needed affordability and reliability.
The expansion of nuclear energy in the United States is not only a chance to show American leadership and competitiveness on global stage; it is an opportunity to grow our own economy, create jobs, and provide cleaner, reliable and affordable energy to all. As clean energy advocates, we look forward to continuing to work with lawmakers to advance policies that will accelerate nuclear power generation here in the U.S. as we continue to lead the world.
Grace Marie Stanke is an American pageant titleholder who was crowned Miss America on December 15, 2022. A native of Wausau, Wisconsin, she is the third Miss Wisconsin to win the national title. She is an advocate for nuclear power.
Heather Reams is the president of Citizens for Responsible Energy Solutions (CRES).
This article was originally published by RealClearEnergy and made available via RealClearWire. ##
Part II Additional Information with More MHProNews Analysis and Commentary
The following inquiries were put to Bing Copilot related to this topic of energy and manufactured housing. The following is meant to be introductory and not exhaustive.
> “How important is lower cost energy production for manufactured and modular housing producers?”
Lower cost energy production is a crucial factor for manufactured and modular housing producers. … “In addition, factory-built housing offers many benefits, including lower production costs, and holds tremendous promise for increasing the availability of affordable rental and owner-occupied housing in the United States2. The most advanced forms of modern methods of construction (MMC), especially factory-built…homes, aim to use the assembly line to sidestep constraints on traditional building. Modular methods produce homes faster, use less energy and embody less carbon, while bypassing on-site labor shortages3.”
Note that while modular is a name for a type of factory-built housing, modular is also an apt term describing multi-section manufactured homes that are made in two or more ‘modules’ which are then transported to a site and then assembled and installed at the location for permanent living. That said, it is preferable to call a HUD Code manufactured housing by its proper name, and to call modular construction by its proper name. That said, several of the points made in the item above were part of our 4L’s of housing reported yesterday.
> “How much of the U.S. electric power comes nuclear power plants? What percentage of U.S. energy comes from wind and solar?”
According to the U.S. Energy Information Administration, nuclear energy accounted for roughly 18.2% of the United States’ electricity generation in 2022 123. In contrast, wind and solar only accounted for 4% of total U.S. energy consumption in 2020 45…”
Note that the disconnect between renewable solar and wind production data above and below may be attributed in part to the fact that two more years of so-called renewable energy development has occurred.
> “What percentage of U.S. electric energy comes from natural gas? Coal? Hydroelectric? Other sources?What percentage of U.S. electric energy comes from natural gas? Coal? Hydroelectric? Other sources?”
According to the U.S. Energy Information Administration, the following are the percentages of electricity generated in the United States by different sources in 2022 123:
- Natural gas: 40%
- Coal: 18%
- Nuclear: 18%
- Renewable energy sources: 22%
- Wind: 10.2%
- Hydropower: 6.2%
- Solar: 3.8%
- Other sources: 1.8%
> “Real Clear Wire and WND.com recently did a report on the role nuclear energy plays in the future of American energy. https://www.wnd.com/2024/01/no-clean-future-without-nuclear-energy/ Are those points largely valid? What are the pros and cons of using more nuclear energy here in the U.S.?”
I understand that you are interested in the role of nuclear energy in the future of American energy. The article you shared from WND.com argues that there is no clean future without nuclear energy, and that transitioning to cleaner energy sources cannot come at the price of an unreliable power supply 1.
Nuclear energy is a controversial topic, with both pros and cons. Some of the pros of using more nuclear energy in the United States include:
- Reliability: Nuclear power plants can operate continuously for up to 24 months, providing a reliable source of energy 2.
- Low carbon emissions: Nuclear energy is a low-carbon energy source, producing fewer greenhouse gas emissions than fossil fuels 3.
- Energy independence: Nuclear energy can reduce dependence on foreign oil and gas 4.
However, there are also some cons to using more nuclear energy:
- Safety concerns: Nuclear power plants can be dangerous if not operated properly, and accidents can have severe consequences .
- Radioactive waste: Nuclear power plants produce radioactive waste that can remain dangerous for thousands of years .
- Cost: Nuclear power plants can be expensive to build and maintain .
It’s important to weigh the pros and cons of nuclear energy carefully when considering its role in the future of American energy. …”
> “While there have been some high-profile nuclear power plant disasters in the world, isn’t the actual risk relatively low? Isn’t that why some countries are developing more nuclear power plants?”
Yes, there have been some high-profile nuclear power plant disasters in the world, such as the Chernobyl disaster in 1986 and the Fukushima Daiichi disaster in 2011. However, the risk of a nuclear accident is relatively low, and nuclear power plants are designed to minimize the likelihood of accidents and avoid major human consequences when they occur 1.
In fact, some countries are developing more nuclear power plants because of the benefits of nuclear energy, such as its reliability, low carbon emissions, and energy independence 23. …”
> “Isn’t it also true that the risk of say terrorism with power production can be applied to several other types of energy production?”
Yes, the risk of terrorism is a concern for many types of energy production, not just nuclear power plants. For example, there have been reports of attacks on power stations across the United States, which have raised concerns about the vulnerabilities of America’s electricity infrastructure 1…”
Bing noted that the risks from terrorism can vary based on the type of energy sources. But that ought to go in part to the issue of domestic and international security, including immigration, border control, and visa policies.
> “How long can a nuclear plant produce energy vs. the economic life of solar panels and wind turbines?”
According to Change Oracle, nuclear power plants can operate for 40 years (some advanced nuclear designs may last 60 years) 1. In contrast, solar panels have a maximum lifespan of 30 years, and wind turbines have an average lifespan of 25 years 1.
It’s important to note that the economic life of solar panels and wind turbines can vary depending on factors such as maintenance, repair, and replacement costs. However, the lifespan of nuclear power plants is generally longer than that of solar panels and wind turbines 1.”
Energy is an area where the costs for working families, singles, and retirees can potentially save after the recent years of what Joe Biden himself calls “Bidenomics” that produced what some call “Bidenflation.” The official inflation data, per several sources, is skewed. It may be worse than what federal sources are admitting. But individuals who shop know what they were paying for groceries, gas, and other essentials before and what they are paying now. More costly energy tends to drive up all other costs, and saving on energy can bring costs back down.
What is clear is that most Americans believe that they are worse off now than a year ago. They believe they are worse off now than 4 years ago. Left leaning NBC’s affiliate Washington channel 15 said on 1.3.2024: “Bidenomics backlash as critics decry harmful impact on Americans.” “Critics say Bidenomics has proven to do more harm than good with more Americans now worse off and voters [are fed] up. A recent Monmouth University poll shows President Biden’s approval rating has fallen to a record low of [34]%.” (MHProNews notes: on this date, there were apparently two significant typos in that one short paragraph. the original said “fat up” instead of “fed up” and 4% approval vs. the actual 34% – MHProNews corrected those in brackets for our reader’s benefit.) Perhaps the surprise is that polls like this one below reflect that many who ‘approve.’
Per that same NBC report.
Nearly 70% of Americans disapprove of how President Joe Biden has handled the economy and inflation. The White House now continues to blame the pandemic.
“I want to make sure that people understand that the White House misspeaks when they say prices are falling. It’s just the rate of increase is falling,” [former White House economic adviser Steven] Moore said. “So you still see when you go to the grocery, we’re going to pay prices up to 20% to 25% and that is one of the reasons I think Americans are still feeling so financially stressed and that 70% feel like Biden has not done a good job.”
To Moore’s point above, per Real Clear Politics polling information, the wrong track polling reported by a range of sources appears to often be hovering near the 70 percent mark.
Direction of Country
POLLSTER | DATE |
RIGHT DIRECTION
|
WRONG TRACK
|
SPREAD |
---|---|---|---|---|
RCP Average | 11/26 – 1/4 | 24.3 | 67.0 |
Spread-42.7
|
Rasmussen Reports | 1/2 – 1/4 | 30 | 65 |
Spread-35
|
Economist/YouGov | 12/31 – 1/2 | 27 | 63 |
Spread-36
|
USA Today/Suffolk | 12/26 – 12/29 | 21 | 70 |
Spread-49
|
Harvard-Harris | 12/13 – 12/14 | 32 | 62 |
Spread-30
|
Monmouth | 11/30 – 12/4 | 20 | 69 |
Spread-49
|
Wall Street Journal | 11/29 – 12/4 | 19 | 71 |
Spread-52
|
Newsnation | 11/26 – 11/27 | 21 | 69 |
Spread-48
|
For those who are frustrated with the current state of the economy, higher energy and food prices, higher illegal immigration, higher housing costs and so on, the above may be reason for hope. You are not alone. There are only so many people that can be convinced not to believe what their eyes, wallets, credit card statements, and bank account information is telling them.
That said, there is an apparent disconnect that is attributable in part to the power of big tech and big media. Illusions and gaslighting do work on numbers, including people who are nominally well informed. To learn more about the issues of energy, energy policy, and slippery ways that big business, big media and other forces are working against the interests of the vast majority of Americans, see the related reports.
Part III – is our Daily Business News on MHProNews stock market recap which features our business-daily at-a-glance update of over 2 dozen manufactured housing industry stocks.
This segment of the Daily Business News on MHProNews is the recap of yesterday evening’s market report, so that investors can see at glance the type of topics may have influenced other investors. Thus, our format includes our signature left (CNN Business) and right (Newsmax) ‘market moving’ headlines.
The macro market move graphics below provide context and comparisons for those invested in or tracking manufactured housing connected equities. Meaning, you can see ‘at a glance’ how manufactured housing connected firms do compared to other segments of the broader equities market.
In minutes a day readers can get a good sense of significant or major events while keeping up with the trends that are impacting manufactured housing connected investing.
Reminder: several of the graphics on MHProNews can be opened into a larger size. For instance: click the image and follow the prompts in your browser or device to OPEN In a New Window. Then, in several browsers/devices you can click the image and increase the size. Use the ‘x out’ (close window) escape or back key to return.
Headlines from left-of-center CNN Business – from 1.9.2024
- NFL offering voluntary buyouts for at least 200 employees
- National Transportation Safety Board
- Boeing executives convene all-hands safety meeting at 737 Max factory after yet another crisis
- BlackRock Inc.’s assets swelled to $9.09 trillion in the first quarter as depositors sought cover following the collapse of several US banks by pouring money into the firms cash-management funds.
- BlackRock cuts 3% of global staff, citing industry changes
- What happened after the Alaska Airlines flight took off, in 5 charts
- Harvard University sits as leaders of various universities, including Harvard President Claudine Gay, have taken heat from both Jewish communities, which have said they are tolerating antisemitism, and Pro-Palestinian groups, which have accused schools of being neutral or antagonistic towards their cause, in Cambridge, Massachusetts, U.S., December 12, 2023.
- House demands mountain of documents from Harvard in antisemitism investigation
- Jessica Rosenworcel, Chairwoman of the Federal Communications Commission (FCC) testifies during a House Energy and Commerce Committee Subcommittee hearing on March 31, 2022 in Washington, DC. The subcommittee held a hearing on oversight of the FCC.
- US lawmakers propose $7 billion in funding to extend FCC internet discount program
- The Substack logo on a laptop computer arranged in the Brooklyn borough of New York, US, on Friday, March 31, 2023. Substack Inc., the online host of writers like Kareem Abdul-Jabbar and Matt Taibbi, is inviting contributors to become investors as the newsletter publisher looks to continue its growth in a tough market for fundraising. Photographer: Gabby Jones/Bloomberg via Getty Images
- Substack removes multiple newsletters including pro-Nazi content amid growing pressure
- TURKEY – 2022/07/28: In this photo illustration, the app icons of Facebook, Messenger, Instagram, WhatsApp, and Oculus VR are displayed on a smartphone screen with a Meta logo in the background.
- Meta adds new teen safety features following renewed criticism
- Mike Sommers, president and chief executive officer of American Petroleum Institute (API), during the 24th World Petroleum Congress in Calgary, Alberta, Canada, on Tuesday, Sept. 19, 2023.
- Big Oil CEO is concerned about potential Middle East escalation, touts record US supply
- Employees work on Boeing 737 MAX airplanes at the Boeing Renton Factory in Renton, Washington on March 27, 2019. – Embattled aviation giant Boeing will do all it can to prevent future crashes like the two that killed nearly 350 people in recent months, a company official said. Boeing gathered hundreds of pilots and reporters at its factory to unveil a fix to the flight software of its grounded 737 MAX aircraft, which has been implicated in the latest air disasters.
- Amid a crisis, Boeing reports record orders and best deliveries in five years
- Tropicana introduces “Tropcn,” a new limited-edition packaging — now with the letters “AI” removed from their name — to celebrate the leading orange juice brand’s natural ingredients, highlighting the fact that there is nothing artificial in its Pure Premium orange juice.
- Tropicana is one company that’s ditching AI
- EU mulls probe into Microsoft-OpenAI partnership
- Bill Ackman, rarely inclined to back down, escalates his fight against America’s most prestigious universities
- Recession avoided? History says otherwise
- Xi Jinping to go after ‘ants and flies’ as he intensifies his crackdown on firms
- Starbucks is planning to open 2 new stores in tea-loving India each week
- Fourth round of documents from lawsuit connected to Jeffrey Epstein unsealed
- Business Insider staffers alarmed after parent company compels reporting ‘review’ after Bill Ackman complaints
- OpenAI claims copyright lawsuit from The New York Times is ‘without merit’
- A terrifying 10 minute flight adds to years of Boeing’s quality control problems
- National Association of Realtors president steps down, alleging blackmail threat
- JetBlue CEO Robin Hayes is stepping down in February
- Office vacancy rate hits record high
- FCC chairwoman ‘urgently’ calls on Congress to fund lapsing internet subsidies for millions