The
Energy Net | The
Energy Net |
|
Nuclear Energy Economics Our media has failed to challenge the nuclear industry about its claim about how cheap nuclear power is. However, the real costs of nuclear power have been hidden by federal subsidies (our tax dollars) over the last 50 years! The nuclear industry welfare state would not be here today without those federal subsidies!
Nuclear Subsidies
Below is the kind of manipulation that is being used by the nuclear industry. When you include all past subidies they received, its easy to see why they only include the most recent years in their graph below.
The nuclear industry continues to put out trumped up claims, but you can be assured that the costs don't include the historic construction costs, insurance, financing, decommissioning costs and nuclear waste disposal is included.
The big picture of how average americans are being lied to and robbed has yet to be told. In 1984, Forbes magazine called the nuclear industry the greatest economic disaster in american history. Construction cost history
Jim Harding CEC testimony 6-26-2007 American Electric Power President Michael Morris was on C-Span August 28th 2007. He suggested construction prices for nuclear reactors could easily hit $5,000/KW. That's far more than the $1,200 claims the industry made at the beginning of 2007. Probably the most delinked aspect of nuclear power is its relationship with the nuclear weapons infrastructure. The U.S. sponsored Atoms for Peace program was a way to rationalize the immense nuclear weapons budget! |
||||||||||||||||||
