2/3/10

No Nukes

From swimming freestyle:
It's a mystery to me, though, why there continues to be that much interest in nuclear power. The only way nuclear power is funded, and this is true all around the world, is either via government loan guarantees or public ownership. Utility companies are unwilling to make the investment on their own, the cost per kilowatt of electricity produced is higher than existing, albeit dirty, methods, and the nuclear waste disposal issues are still unresolved.
According to one recent analysis, the cost of building nuclear power plants has approximately doubled in the last seven years (due to things such as increasing materials costs). As it stands, this means that the cost of electricity from new plants would be around 8.4 cents per kilowatt hour, compared to about 6 cents per kilowatt hour for conventional fossil fuel plants.

A little bonus No Nukes Nostalgia (David Lindley is my hero):

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