Congress Should Follow Wall Street's Lead And Shun New Reactors

Congress Should Follow Wall Street's Lead And Shun New Reactors
Washington DC (SPX) Nov 12, 2009 - If Congress and the states do not follow the lead of Wall Street in declining to underwrite financially "risky and uneconomic" new nuclear reactors, the resulting taxpayer-backed loan guarantees and other subsidies could pave the way for the same kind of industry-wide meltdown that happened in the 1970s and 1980s, according to a major new study by Dr. Mark Cooper, a senior fellow for economic ... more

http://www.nuclearpowerdaily.com/reports/Congress_Should_Follow_Wall_Street_Lead_And_Shun_New_Reactors_999.html