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Politics : PRESIDENT GEORGE W. BUSH

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To: Thomas A Watson who wrote (241003)3/22/2002 5:34:42 PM
From: Ish  Read Replies (1) of 769670
 
One of the big problems with nuclear power now is the regulations have pushed the cost out of sight. I've read where Con Ed in the Chicago area is closing two nuke plants instead of recoring them because the new regulations have raised the cost of recoring to more than they spent to build the plants.

I've fished a couple of nuke plants in Wisconsin that were built in the early 70's and haven't had a problem. The Clinton, Illinois plant was built a few years later and was supposed to cost $200mm. New regulations were implemented during construction, plus a lot of union foot dragging to make the job last longer, and the cost went to $4 billion. And that plant has had so many problems it was given away.
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