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Politics : PRESIDENT GEORGE W. BUSH
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To: gerard mangiardi who wrote (305219)10/7/2002 4:14:04 PM
From: DuckTapeSunroof  Read Replies (1) of 769667
 
I agree with you on the 'hydrogen-based' economy... which works very well for the transportation sector.

Also for development of a distributed power generation system with smaller, fuel cell or mini-turbine 'neighborhood' power stations... which moves the generating capacity closer to the the users, and consequently, drastically reduces line losses from our over-burdened and poorly designed 'utility-centric' power distribution grid, making the whole system more efficient and robust.

But it is unlikely that fission power plants would make an efficient addition to the system. As the D.O.E. report makes clear, without continued federal subsidies and forcing consumers to purchase the over-priced electricity they produce by locking them into above-market long-term contracts, the electricity produced by nuclear plants *can not be sold* in a free market... for the forseeable future.

Without the continued corporate welfare (picking up all the insurance costs, subsidizing development costs, subsidizing fuel costs, subsidizing waste disposal costs), and preventing consumers from buying free market electricity from competitive providers... the nuclear plants can't compete.

It's just corporate welfare that comes out of the taxpayer's hides....

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