13 July 2005

Nuclear power: The shape of things to come?

You have to go about two-thirds of the way through this article to get the good stuff, like this:
"Taking into account the uncertainties, most studies done on nuclear economics (including the most authoritative ones, done by the Massachusetts Institute of Technology and by Britain's Royal Institute of International Affairs) conclude that new plants built by the private sector, with investors bearing the full brunt of risks, are not economic without subsidy."
Oh and this

Clue: look at the maintenance costs in dark blue.

The really disturbing omission, however, is that of security costs... guess which form of power gen looks worst on that cost-benefit analysis?
Nuclear power | The shape of things to come? | Economist.com:

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"Spend and tax" not "tax and spend"

 I got a response from my MP which got me kind of mad. You'll see why as I reproduce it here. Apologies for the strange changes in types...