Forget Nuclear

This is a great, fairly new analysis from the Rocky Mountain Institute that details the risks, costs and problems with nuke plants in comparison with other available forms of energy. For those of you who dare to think of an emission-free energy future, this is a good read.

RMI researchers write: "Nuclear power, we’re told, is a vibrant industry that’s dramatically reviving because it’s proven, necessary, competitive, reliable, safe, secure, widely used, increasingly popular, and carbon-free—a perfect replacement for carbon-spewing coal power. New nuclear plants thus sound vital for climate protection, energy security, and powering a growing economy. There’s a catch, though: the private capitalmarket isn’t investing in new nuclear plants, and without financing, capitalist utilities aren’t buying. The few purchases, nearly all in Asia, are all made by central planners with a draw on the public purse. In the United States, even government subsidies approaching or exceeding new nuclear power’s total cost have failed to entice Wall Street."

For the complete report click here.