Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Tuesday, March 5, 2013

How to Close the US Nuclear Industry: Do Nothing

How to Close the US Nuclear Industry: Do Nothing

Peter Bradford, BAS
The United States is on course to all but exit the commercial nuclear power industry even if the country awakens to the dangers of climate change and adopts measures to favor low-carbon energy sources. Nuclear power had been in economic decline for more than three decades when the Bush administration launched a program that aimed to spark a nuclear power renaissance through subsidies and a reformed reactor licensing process. But Wall Street was already leery of the historically high costs of nuclear ...http://bos.sagepub.com/content/69/2/12.full

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