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 Energy Secretary Rick Perry Loves Nuclear Power 
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Joined: Mon Jan 28, 2013 7:40 pm
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Location: Illinois
The public pays for nuclear power many times over, both in financial costs (building & decommissioning) and also our health through environmental factors related to nuclear power.

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Demands for subsidies throughout the nuclear lifecycle are a reminder of nuclear energy’s inability to compete in a free market, and a focal point of current political struggles at the federal and state levels. Current subsidies are insufficient to make nuclear power, old or new, economically competitive in deregulated electricity markets. Energy Secretary Rick Perry recently asked the Federal Energy Regulatory Commission to change electricity pricing to boost compensation for nuclear and coal plants. Perry also recently announced that the Energy Department would provide $3.7 billion in loan guarantees (in addition to $8.3 billion granted earlier) to support ongoing construction of the two AP1000 reactors at the Vogtle nuclear plant in Georgia.


LINK TO COMPLETE ARTICLE: https://thebulletin.org/dozen-reasons-economic-failure-nuclear-power11196

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Wed Oct 18, 2017 6:20 am
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