[BETA] Fortnightly

As the Fukushima-Daiichi crisis unfolds, the U.S. DOE’s Blue Ribbon Commission is preparing its initial recommendations on how America should deal with its commercial nuclear waste. Early indicators suggest it will endorse the so-called fedcorp model—creating an independent federal corporation, similar to TVA. But a fedcorp structure, by itself, won’t resolve the spent-fuel dilemma. Success will require a strong mandate, consistent funding—and a totally new approach to siting and management.

In terms of the political calculus, GHG regulation faces an uncertain future, at least into 2013. And as a flood of cheap gas erodes the perception of an impending environmental crisis, politicians will have less incentive to impose carbon constraints. Does shale gas signal the end of the road for greenhouse gas regulation?

The Department of Energy assembled an all-star Blue Ribbon Commission on America’s Nuclear Future. With such political and industry heavyweights as Brent Scowcroft, Lee Hamilton and John Rowe, the commission must be taken seriously. But can a broadly focused committee finish the decades-long battle to close the nuclear fuel cycle?