Statement on Nuclear Energy from IP3 International

IP3 was formed in June 2016 to address security issues arising out of
plans throughout the Arab States to industrialize their economies and
move them away from exclusive reliance on oil and toward conventional
industrial pursuits such as mining, manufacturing, heavy industry and
agriculture. It was clear such a transformation will require the
development of enormous base load power generation and it was clear
Russia and China intended to build, own and operate nuclear plants to
deliver that power and thereby gain influence with the host countries.

Today, only three years later, Russia has concluded agreements to build
four plants in Egypt, two in Turkey and another in Iran. China has built
44 plants at home and plans at least an additional 30 new plants in
connection with its ambitions to penetrate the Middle East, Africa,
Western Europe and Latin America. Russia and China are aggressively
pursuing over $2 trillion dollars on new nuclear build globally. They
are using the export of nuclear power not just for export earnings but
also to expand their geopolitical influence.

For more than 60 years the United States has set the standards for
safety and security of nuclear power plants throughout the world. The
founders of IP3 believe that it is a vital national security interest
that we continue to do so in the Middle East and beyond.

Only the United States nuclear industry can deliver the standard of
safety, security, regulatory oversight, and operational primacy required
to ensure both the non-proliferation goals as well as the strategic
goals of the United States are achieved. Achieving these goals will
require close coordination between the U.S. Government and industry. No
other industry is as heavily regulated or requires more close
coordination with its government than nuclear power. The commercial
nuclear power industry and the U.S. Government share a long history of
working together in the global struggle for security, peace and
democracy.

It is a strategic imperative that the United States compete and win
against Russia and China in the nuclear power arena. The only way to
address concerns over development of weapons of mass destruction is for
the U.S. to participate in the introduction and secure operation of
international nuclear power plants. The U.S. must be involved in
international power projects if we are intent upon dealing with threat
from increased carbon emissions globally and stability of a planet
starved for U.S. leadership.

Therefore, IP3 supports the U.S. Government’s efforts to make the U.S.
the country of choice for energy, nuclear power and electricity for the
globe. As was fully reported to the press in 2017, Lt. Gen Flynn was
never an advisor to IP3 or its affiliate, he had no stake in the company
and was never compensated or reimbursed for expenses by IP3. IP3 looks
forward to sharing what we know with Chairman Cummings and ranking
member Jordan in response to the Committee Staff Report released today.

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