nuclear-news

McAuliffe fired up about green energy, not so much on nuclear

McAuliffe fired up about green energy, not so much on nuclear The News and Advance By Ray Reed

Published: March 11, 2009

Democratic gubernatorial candidate Terry McAuliffe announced the energy phase of the business model he’d use for governing Virginia on Wednesday, showing enthusiasm for new, green energy but little for existing sources such as coal and nuclear power……………………..

he said, there are questions about how to handle the waste from used fuel.

“But beyond all that is the pure economics” of nuclear power, McAuliffe said. “The average cost of a nuclear plant is $16 billion. The application fee for a license is $25 million,” he said.

“Dominion Power and the others are not going to be building new plants now, and you couldn’t find the financing if you wanted to build one.”

McAuliffe fired up about green energy, not so much on nuclear | Lynchburg News Advance

March 13, 2009 - Posted by Christina Macpherson | politics, USA