Policy Impact Analysis - 117/HR/7222

Bill Overview

Title: To prohibit the importation of uranium from the Russian Federation.

Description: This bill prohibits the importation of uranium from Russia.

Sponsors: Rep. Stauber, Pete [R-MN-8]

Target Audience

Population: Individuals dependent on industries that import uranium from Russia

Estimated Size: 50000

Reasoning

Simulated Interviews

Nuclear engineer (Houston, TX)

Age: 45 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 5.0 years

Commonness: 12/20

Statement of Opinion:

  • I understand the rationale behind reducing dependence on Russian uranium, but this could lead to significant operational challenges initially.
  • I expect our plant will need to invest in new supply chains, which might strain our budget.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 7
Year 2 6 7
Year 3 7 7
Year 5 7 7
Year 10 8 7
Year 20 8 8

Nuclear medicine technologist (New York, NY)

Age: 32 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 3.0 years

Commonness: 8/20

Statement of Opinion:

  • Changes in uranium sourcing could affect the supply and cost of isotopes we need for medical imaging.
  • I'm concerned about potential disruptions to patient care.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 8
Year 2 6 8
Year 3 7 8
Year 5 7 8
Year 10 8 8
Year 20 9 9

Policy analyst (Los Angeles, CA)

Age: 51 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 2.0 years

Commonness: 15/20

Statement of Opinion:

  • This move might increase energy independence but could also result in short-term energy cost increases.
  • It's critical to balance geopolitical objectives with domestic economic impacts.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 7 7
Year 5 7 7
Year 10 7 7
Year 20 8 8

Construction manager (Chicago, IL)

Age: 40 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 4.0 years

Commonness: 9/20

Statement of Opinion:

  • New policies could delay projects if materials become harder to source.
  • We may see increased costs, requiring budget adjustments.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 6
Year 2 6 6
Year 3 7 6
Year 5 7 6
Year 10 8 7
Year 20 9 8

Retired energy sector worker (Miami, FL)

Age: 60 | Gender: male

Wellbeing Before Policy: 8

Duration of Impact: 0.0 years

Commonness: 16/20

Statement of Opinion:

  • It's essential for the US to explore more self-sufficient energy policies.
  • Retired, so any impact will be more on watching industry shifts than personal impact.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 8
Year 2 8 8
Year 3 8 8
Year 5 8 8
Year 10 8 8
Year 20 8 8

Environmental scientist (Boston, MA)

Age: 29 | Gender: other

Wellbeing Before Policy: 9

Duration of Impact: 2.0 years

Commonness: 11/20

Statement of Opinion:

  • Reducing reliance on foreign uranium can be a step towards cleaner energy policies.
  • Concerned about potential shifts towards more carbon-intensive energies in short term.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 9
Year 2 8 9
Year 3 8 9
Year 5 9 9
Year 10 9 9
Year 20 9 9

Electrical engineer (Seattle, WA)

Age: 27 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 3.0 years

Commonness: 14/20

Statement of Opinion:

  • As someone interested in renewable energy, this could push more investments into renewables.
  • Concerned about grid stability if nuclear supply is impacted.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 7
Year 2 7 7
Year 3 7 7
Year 5 7 7
Year 10 8 7
Year 20 8 8

Uranium trader (Phoenix, AZ)

Age: 38 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 5.0 years

Commonness: 6/20

Statement of Opinion:

  • Our operations will need re-evaluation as Russian imports halt.
  • Might create new opportunities with other suppliers.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 7
Year 2 6 7
Year 3 7 7
Year 5 8 7
Year 10 8 7
Year 20 9 8

Electric utility manager (St. Louis, MO)

Age: 44 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 4.0 years

Commonness: 10/20

Statement of Opinion:

  • Changes in uranium supply might require re-strategizing power plant operations.
  • Economic effects will depend on our ability to find alternative suppliers swiftly.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 8
Year 2 7 8
Year 3 8 8
Year 5 8 8
Year 10 9 8
Year 20 9 9

Government regulatory official (Charlotte, NC)

Age: 54 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 5.0 years

Commonness: 13/20

Statement of Opinion:

  • The policy will necessitate updates to safety protocols as uranium sourcing changes.
  • A broader focus on safety during this transition is crucial to avoid any mishaps.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 7 7
Year 5 8 7
Year 10 8 7
Year 20 8 8

Cost Estimates

Year 1: $100000000 (Low: $80000000, High: $120000000)

Year 2: $110000000 (Low: $90000000, High: $130000000)

Year 3: $115000000 (Low: $95000000, High: $135000000)

Year 5: $120000000 (Low: $100000000, High: $140000000)

Year 10: $130000000 (Low: $110000000, High: $150000000)

Year 100: $200000000 (Low: $150000000, High: $250000000)

Key Considerations