Nuclear power in the dock

posted by
April 6, 2011
Cato Institute
by Jerry Taylor and Peter Van Doren  
Posted in Commentary

"The fact that nuclear power can't come within light-years of passing a market test is painfully obvious to all who wish to see. Consider the feds are presently telling banks that if they loan money to a utility company to build a nuclear power plant and the loan subsequently goes bad, the U.S. Treasury (that is, you) will compensate the bank for up to 90% of its losses. And yet the banks still refuse to loan. For principled supporters of a free market, that should be information enough about the merits of this commercial enterprise." (04/05/11)  


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