nuclear-news

delaware online Frieda Berryhill, 6 August 09 “……….First, companies will not build nuclear power plants without the protection of the Price-Anderson Act which provides taxpayer compensation in case of an accident since no company in the world will insure them.

Price-Anderson, however, only provides $500 million when the latest government report, states that depending on the severity of the accident, damages could run in the billions. Second, after 50 years of operation there is still the waste problem. Energy Secretary Steven Chu appeared before the House lawmakers on June 3 and declared the planned Yucca Mountain repository “dead.”……………..

since 2005, cost estimates for building a new nuclear reactor have more then tripled. Nuclear energy, once declared to be “too cheap to meter,” is now too expensive to pursue.

Nuclear power is dangerous and too expensive to build | Delawareonline.com | The News Journal