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Hooked on Subsidies - Peter Van Doren and Jerry Taylor (CATO Institute)

Pro-nuclear groups herald the coming flood of applications to build and operate nuclear power plants as proof that nuclear energy makes economic sense. Nonsense. The only reason investors are interested: government handouts. Absent those subsidies, investor interest would be zero. The total cost of juice from a new nuclear plant today is 4.31 cents per kilowatt-hour. That's far more than electricity from a conventional coal-fired plant (3.53 cents) or "clean coal" plant (3.55 cents). Taking away
Published On:	2/16/2008
Submitted On:	2/16/2008 10:13:33 PM by Frank K
Categories:	Nuclear Energy

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