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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: Sam Citron who wrote (158390)2/22/2005 5:23:33 PM
From: Jacob Snyder  Read Replies (1) | Respond to of 281500
 
<Nuclear energy is cheap compared to alternative sources>

Only if you don't consider the externalized costs, which are huge.

In the nuclear power plants built in the U.S. 20-40 years ago, they routinely assigned a ridiculously low number for the future costs. They would put aside $10 million to cover costs that ended up costing over a billion. Those externalized and deferred costs end up, one way or another, being shifted to the taxpayer.

The externalized costs are:
1. decommissioning the plant
2. long-term waste storage
3. insurance (unavailable from private insurance companies, at any cost)
4. security risk (nuclear power plants are a much more tempting terrorist target than, say, windmills).