Shimkus Questions Senior Department of Energy Officials Regarding the Idling of Honeywell Metropolis Works
WASHINGTON – Following Honeywell’s idling of its Metropolis facility, Congressman John Shimkus (R, Illinois-15) questioned senior Department of Energy (DOE) officials today about the department’s uranium bartering program.
VIDEO: Shimkus Questions DOE Regarding the Idling of Honeywell Metropolis Works
“The Department of Energy is depressing the uranium market through its uranium bartering program,” Shimkus said after the hearing. “Rather than fully funding the department’s cleanup programs through the annual appropriations process, DOE trades some of the uranium it owns for the cost of certain cleanup projects.”
Honeywell cited the oversupplied global uranium market in a statement announcing the facility’s idling.
“Last April, Secretary Rick Perry signed a determination that DOE’s uranium transfers would not have ‘an adverse impact on the domestic mining, conversion, or enrichment industry,’” Shimkus said. “But those transfers, through DOE’s bartering program, are a large part of why Honeywell was forced to idle their conversion facility in Metropolis.”
In response to Shimkus’s question, Paul Dabbar, DOE’s Undersecretary for Science, said the department has already reduced, and ultimately intends to end, its uranium bartering program by 2021.
“For all the previous administration’s talk of green jobs, policies they proposed, and others they continued, consistently failed to recognize both the environmental and economic benefits of clean, reliable nuclear power,” Shimkus added. “The Trump Administration thinks differently, and I will continue to work with them to restore America’s nuclear energy dominance.”