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Tuesday
Oct262010

"Honey, I Shrunk the Renaissance: Nuclear Revival, Climate Change, and Reality"

In this Electricity Policy article, former NRC Commissioner Peter Bradford writes "The 'nuclear renaissance' has proven to be a promotion that cannot pass economic muster." Regarding nuclear power subsidies, he adds "...Congress had inadvertently called the industry's bluff. Production tax credits were useless in stimulating financing of facilities that had a substantial chance of being cancelled before they produced anything."