Nuclear Costs
Estimates for new reactor construction costs continue to sky-rocket. Conservative estimates range between $6 and $12 billion per reactor but Standard & Poor's predicts a continued rise. The nuclear power industry is lobbying for heavy federal subsidization including unlimited loan guarantees but the Congressional Budget Office predicts the risk of default will be well over 50 percent, leaving taxpayers to foot the bill. Beyond Nuclear opposes taxpayer and ratepayer subsidies for the nuclear energy industry.
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Entries from February 1, 2018 - February 28, 2018
February 6, 2018Environmentalists and Citizen Groups Are Fighting Billions in Subsidies Meant to Prop Up Aging Nuclear Plants
Deteriorating nuclear plants pose a growing threat to public safety and the environment.
Tim Judson, Executive Director of the Nuclear Information and Resource Service, and John Parker, a former New York State environmental attorney now working with the Rockland Environmental Group, published this article at AlterNet.
(Credit: AlterNet. This article was made possible by the readers and supporters of AlterNet.)
