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San Antonio’s new nukes hit a financial brick wall

Breaking: Toshiba tells San Antonio its new twin $13 billion nukes will cost $4 billion more! The city balks. This looks like a job for clean energy.  Climate Progress 28 Oct 09 One of the very first new nuclear power plants proposed to be built in the U.S. in over 30 years just hit a brick wall.It’s the same brick wall — absurdly high cost — being hit around the world. T

The estimated cost of two new nuclear reactors proposed by CPS Energy has gone up as much as $4 billion, prompting the City Council to postpone Thursday’s vote on the project’s financing until January…….

…………The San Antonio Current notes that “After what can only be considered a sustained Certified Sales Event by CPS Energy matched by Mammoth Media Buildup,” the City Council was set to vote for the $400 Million bond issue this Thursday, which would have put the city “on an irreversible date with” the Toshiba nuke.

Breaking: Toshiba tells San Antonio its new twin $13 billion nukes will cost $4 billion more! The city balks. This looks like a job for clean energy. « Climate Progress

October 29, 2009 - Posted by Christina Macpherson | 1, business and costs, USA | antinuclear, nuclear, nuclear costs, nuclear wastes, radioactive