AHUG Statement Regarding Trump Administration Uranium Quota Decision

July 13, 2019

“The Ad Hoc Utilities Group (AHUG) is pleased with the decision by President Trump to take “no action” on proposed uranium quotas. It is clear the Trump administration recognizes the enormous economic and resiliency benefits that the U.S. nuclear energy industry provides to Americans. We look forward to continuing to work with President Trump and his administration to ensure that a robust U.S. nuclear energy industry continues to serve the American people.”

 
 
 
 
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The Facts

A 25% domestic uranium quota will cause catastrophic effects

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domestic Jobs

A single nuclear plant employs about 1,000 people. A domestic purchase quota would jeopardize nuclear plants in more than 30 U.S. states, threatening nearly 100,000 direct jobs and 475,000 indirect jobs nationwide.

national security

The U.S. Navy and our national security rely on a consistent supply of highly enriched uranium (HEU). The quota would completely exhaust economically available U.S. resources in up to 30 years not to mention weaken our national security.

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doe goals

President Trump directed DoE Secretary Perry to “prepare immediate steps” to counter nuclear plant shutdowns and provide necessary financial and regulatory support to ensure grid reliability and resilience. These quotas are a direct reversal of goals stated by the administration.

reliable energy

The global uranium market provides a diversified supply of fuel to the U.S. nuclear energy industry, limiting risks of fuel supply interruption and helping to ensure nuclear energy continues to serve as a reliable, 24/7 electricity source to the electric grid. Nuclear energy supplies roughly 20 percent of America’s electricity consumption.

News spotlight

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THE NEW YORK TIMES | JULY 13, 2019

Trump Backs Away From Barriers on Foreign Uranium

Trump has decided against putting a cap on uranium importsPresident Trump said he would not impose quotas on imports of uranium, backing away from one of many trade confrontations the administration has threatened as it tries to protect American industry.

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REUTERS | JULY 13, 2019

Trump declines to set U.S. uranium production quotas

President Donald Trump declined to issue quotas for domestic uranium production late on Friday and instead ordered a 90-day governmental review, a decision praised by U.S. nuclear power generators who fear curbs on fuel imports would boost costs.

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BLOOMBERG | JULY 12, 2019

Trump Finds a Trade Fight He Doesn't Like in Uranium Imports

Trump has decided against putting a cap on uranium imports.

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