Comment

Drudge and the Deniers

107
SixDegrees11/27/2009 1:57:10 pm PST

re: #82 HAL2010

Interestingly enough, Nuclear Power is not sustainable without heavy subsidizes from the government.
I am for it, but I believe it would struggle without support or some description from the state.

A good deal of the cost associated with new construction arises from the Byzantine labyrinth of regulations, lawsuits, challenges and counter-challenges that are encountered along the way. Approval was reaching decades of length when the last nuclear plants were finally built, and this bodges pretty much any attempt at business planning, since financial models simply don’t work over such time spans.

A streamlined regulatory process would greatly reduce the costs associated with getting nuclear plants up and running.

There are similar problems with waste processing. A national repository has been utterly deadlocked for several decades, with no resolution in sight.