Something I hadn't realised is that at it's current stage of development nuclear power generation isn't economically feasible and survives in the US only due to Government subsidies!. From article 'Nukes Are Back And So Are We' re. the nuclear power situation in the US http://www.counterpunch.org/wasserman10182007.html "The most recent public gouging came during the Great Deregulation Scam of 1999-2001. As Enron and its cronies contrived phony energy shortages and nearly bankrupted California, the atomic pushers went before America's state legislatures and asked for a massive bailout. They complained that with the coming age of deregulation (about two dozen states deregulated their electricity businesses) nuclear power plants were too expensive, inefficient and obsolete to compete in the coming green age. So they demanded---and got---more than $100 billion in "stranded cost" payouts. These were the ultimate admission that atomic power simply could not make it in the marketplace .... After complaining about its old reactors' lousy economic performance, it now argues that the new ones will be magically transformed, and that billions more should be spent building them. The first of those is already under construction in Finland. Ground was broken just two years ago, but the project is already two years behind schedule and $2 billion over budget. .... the proposed Yucca Mountain waste dump in Nevada, which has already cost the public $11 billion. If it ever opens---it's not yet licensed, and many say it will never be---Yucca could cost $60 to $100 billion. Even then it couldn't handle the waste from the new reactors the industry wants to build---or even all the spent fuel from the old ones now in existence. Yet the industry wants Congress to give the industry essentially a blank check for loan guarantees to the tune of $25 billion in 2008 and $25 billion more in 2009, with countless billions more still to come down the road. Why? Because Wall Street just isn't buying. After fifty years, nuke power is the most expensive technological failure in US history. It can't get investors, liability insurance or a solution to its waste problem. It can't compete with new conservation, efficiency or renewables like wind power. "
Jogesh Motwani <[EMAIL PROTECTED]> wrote: See also Nukes Kill; Here's How: 16 Dirty Secrets About Nuclear Power http://www.counterpunch.com/hoffman06272007.html The Lies of Al Gore - Another Pro Nuker Wins the Peace Prize By RUSSELL HOFFMAN [www.counterpunch.org | 13 October 2007]
