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Re: The Improvements in Solar Technology in just a few decades
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Published: 10 years ago
This is a reply to # 1,855,208

Re: The Improvements in Solar Technology in just a few decades

js_sebastian writes "Furthermore, the NY Times reports that financial markets will not finance the construction of nuclear power plants unless the risk of default (which is historically as high as 50 percent for the nuclear industry) is externalized to someone else through federal loan guarantees or ratepayer funding. The bottom line seems to be that nuclear is simply not competitive, and the push from the US government to subsidize it seems to be forcing the wrong choice on the market."


This was written last summer. In light of the Fukushima disaster and the costs of nuclear meltdown to society, nuclear is going to be increasingly cost prohibitive. It will require more government emergency relief and more governmental oversight with stricter regulations. The issue of where to dispose of the waste has still not been entirely resolved either.

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