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Los Alamos National Labs to get multi-billion-dollar plutonium facility

Yesterday The National Nuclear Security Administration confirmed its plans to replace an aging Los Alamos National Labs facility, which runs across a major fault line, with an estimated $4-6 billion plutonium lab. According to the NNSA notice, the new building “would provide vitally essential technical support capabilities to NNSA’s national security mission.” However, according to Greg Mello of the Albuquerque-based Los Alamos Study Group, a LANL watchdog, the project creates very few new jobs for New Mexicans — perhaps as few as 300 — over its projected 10-year-long construction. Moreover, the unofficial cost of the building by the time of its actual completion could run as high as $12 billion.

Jul 31, 2020
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Yesterday, The National Nuclear Security Administration confirmed its plans to replace an aging Los Alamos National Labs facility, which runs across a major fault line, with an estimated $4-6 billion plutonium lab. According to the NNSA notice, the new building “would provide vitally essential technical support capabilities to NNSA’s national security mission.”
However, according to Greg Mello of the Albuquerque-based Los Alamos Study Group, a LANL watchdog, the project creates very few new jobs for New Mexicans — perhaps as few as 300 — over its projected 10-year-long construction. Moreover, the unofficial cost of the building by the time of its actual completion could run as high as $12 billion. And, he says, its real purpose is the creation of nuclear warheads, each of which would have 50 times greater capacity and impact than the bomb used on Nagasaki in 1945. “Basically,” said Mello, “it’s making weapons of mass destruction.”
Although federal officials assented to the their plans (which, by LASG’s estimation, has already cost $458 million just to get it to this planning stage) for the construction of the new lab, approval by both the U.S. House and Senate is still necessary.
Camilo Wood

Camilo Wood

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Camilo Wood has over two decades of experience as a writer and journalist, specializing in finance and economics. With a degree in Economics and a background in financial research and analysis, Camilo brings a wealth of knowledge and expertise to his writing. Throughout his career, Camilo has contributed to numerous publications, covering a wide range of topics such as global economic trends, investment strategies, and market analysis. His articles are recognized for their insightful analysis and clear explanations, making complex financial concepts accessible to readers. Camilo's experience includes working in roles related to financial reporting, analysis, and commentary, allowing him to provide readers with accurate and trustworthy information. His dedication to journalistic integrity and commitment to delivering high-quality content make him a trusted voice in the fields of finance and journalism.
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