SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: combjelly who wrote (347101)8/16/2007 6:50:49 PM
From: Joe NYC  Read Replies (1) | Respond to of 1575564
 
combjelly,

Depending on what you mean, that is a red herring. It isn't the environmental regulations that keep new plants from being built.

Regulation on the books (or regulation in state of flux) can paralyze things. But that's just one obstacle. You have the alarmists, scare mongers, feckless politicians, NIMB, law suits - all combined result in the current paralysis. There is a perfectly fine nuclear plant in Shoreham, NY, that is sitting shut down for a decade - shut down by the same politicians who now are trying to stick the taxpayers with a bill for reducing greenhouse gases - after sticking taxpayers with the bill for the Shoreham shutdown.

It is not at all a red herring. I believe in sincerity of the politicians that they want to do something about greenhouse gases only on the day Shoreham opens for operation. Until then, all the talk is just hot air.

And, more on the red herring, what investor in his right mind would invest money in building a nuclear plant, while Shoreham remains closed?

Joe