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IPFS News Link • Energy

Nuclear Power Is Expensive and Bad for the Environment …

• http://www.globalresearch.ca, by Washingtons Blog
 

Nuclear power is no longer an economically viable source of new energy in the United States, the freshly-retired CEO of Exelon, America’s largest producer of nuclear power [who also served on the president’s Blue Ribbon Commission on America’s Nuclear Future], said in Chicago Thursday.

And it won’t become economically viable, he said, for the forseeable future.

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“I’m the nuclear guy,” Rowe said. “And you won’t get better results with nuclear. It just isn’t economic, and it’s not economic within a foreseeable time frame.”

U.S. News and World Report notes:

After the Fukushima power plant disaster in Japan last year, the rising costs of nuclear energy could deliver a knockout punch to its future use in the United States, according to a researcher at the Vermont Law School Institute for Energy and the Environment.


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