From: "Jim Torson" <[EMAIL PROTECTED]>
Newsgroups: gmane.science.general.global-change
To: <[email protected]>
Sent: Sunday, June 15, 2008 9:17 PM
Subject: [Global Change: 2713] Re: Nuclear power, Part 2: The price is not 
right

>
> At 05:23 AM 6/15/2008, Don Libby wrote:
>
>>The May 2008 Congressional Budget Office report gives an impartial 
>>analysis
>>of nuclear power economics in the US, if anyone is interested.
>>http://www.cbo.gov/ftpdocs/91xx/doc9133/05-02-Nuclear.pdf
>
> The blog posting by Joe Romm describes how the following have
> rejected the claims of nuclear being a good economic investment:
>
>   American Electric Power Co. CEO Michael Morris
>   Florida Power and Light chairman and CEO Lew Hay
>   MidAmerican Nuclear Energy Co. (owned by Warren Buffet) Pres. Bill 
> Fehrman
>
> I'm sure these people have examined the figures far more carefully
> that I ever could.  When these folks start building new nuclear
> plants, then I'll start giving serious consideration to your claims
> of the economic advantages of nuclear.
>
> Jim

Jim, if you re-read my post you'll see that I said nuclear is relatively 
more expensive NOW, but that will change when carbon emission is included in 
the price of new electric power plants (according to the CBO).

Whether the "price is right" for nuclear depends on the whether the price is 
right for carbon dioxide emissions. Several forward-thinking folks are 
anticipating a rise in the price of carbon emissions (forced by a tax or a 
cap on emissions) as evidenced by recent regulatory filings received at the 
NRC for new plants submitted by these companies:

TVA
Duke
South Carolina E&G
Progress Energy
Southern
Dominion
Entergy
Unistar
NRG Energy
Luminant

Thanks,
-dl 


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